AceTrader 1-wk TRIAL
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Update Time: 17 Mar 2009 06:04GMT
INTRA-DAY EUR/JPY OUTLOOK - +128.30+
As euro has risen after finding renewed buying
at 127.64, further gain to 128.30/40 is seen but
abv y'day's high at 128.74 is needed to confirm
recent upmove has resumed n extend to 129.00/10.
Reinstate long on dips with stop as indicated,
below wud prolong consolidation n risk another fall
twds 127.12...
Rate: +128.30+
Strategy: +Target met+
Position: +Long at 127.90+
Objective: 128.30
Stop-Loss:
Resistance: 128.74/128.94/129.70
Support: 127.64/127.12/126.48
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Update Time: 16 Mar 2009 16:06GMT
EUROPEAN CLOSING EUR/USD OUTLOOK - +1.2980+
Although euro has rebounded after intra-day
retreat fm 1.3072 to 1.2982, if our view temp. top
formed at 1.3072 is correct, upside wud be ltd n
yield another decline, break of said sup wud bring
retrace. of upmove to 1.2958 (prev. res).
Trade fm short side with stop as indicated, abv
wud risk re-test of 1.3072 b4 down...
Rate: +1.2980+
Strategy: +Target met+
Position: Short at 1.3020
Objective: 1.2980
Stop-Loss:
Resistance: 1.3072/1.3095/1.3155
Support: 1.2982/1.2958/1.2883
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Update Time: 16 Mar 2009 12:22GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3070+
Current price action suggests as long as 1.3012
/15 holds, recent upmove shud resume after minor
consolidation n breach of 1.3047/50 wud extend gain
to 1.3070, however, o/bot condition wud limit
upside n reckon res at 1.3095 wud remain intact.
Buy with stop as indicated, break wud risk
correction to 1.2985/90 b4 up...
Rate: +1.3070+
Strategy: +Target met+
Position: +Long at 1.3033+
Objective: 1.3070
Stop-Loss:
Resistance: 1.3095/1.3155/1.3200
Support: 1.2992/1.2952/1.2883
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Update Time: 17 Mar 2009 06:04GMT
INTRA-DAY EUR/JPY OUTLOOK - +128.30+
As euro has risen after finding renewed buying
at 127.64, further gain to 128.30/40 is seen but
abv y'day's high at 128.74 is needed to confirm
recent upmove has resumed n extend to 129.00/10.
Reinstate long on dips with stop as indicated,
below wud prolong consolidation n risk another fall
twds 127.12...
Rate: +128.30+
Strategy: +Target met+
Position: +Long at 127.90+
Objective: 128.30
Stop-Loss:
Resistance: 128.74/128.94/129.70
Support: 127.64/127.12/126.48
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Update Time: 16 Mar 2009 16:06GMT
EUROPEAN CLOSING EUR/USD OUTLOOK - +1.2980+
Although euro has rebounded after intra-day
retreat fm 1.3072 to 1.2982, if our view temp. top
formed at 1.3072 is correct, upside wud be ltd n
yield another decline, break of said sup wud bring
retrace. of upmove to 1.2958 (prev. res).
Trade fm short side with stop as indicated, abv
wud risk re-test of 1.3072 b4 down...
Rate: +1.2980+
Strategy: +Target met+
Position: Short at 1.3020
Objective: 1.2980
Stop-Loss:
Resistance: 1.3072/1.3095/1.3155
Support: 1.2982/1.2958/1.2883
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Update Time: 16 Mar 2009 12:22GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3070+
Current price action suggests as long as 1.3012
/15 holds, recent upmove shud resume after minor
consolidation n breach of 1.3047/50 wud extend gain
to 1.3070, however, o/bot condition wud limit
upside n reckon res at 1.3095 wud remain intact.
Buy with stop as indicated, break wud risk
correction to 1.2985/90 b4 up...
Rate: +1.3070+
Strategy: +Target met+
Position: +Long at 1.3033+
Objective: 1.3070
Stop-Loss:
Resistance: 1.3095/1.3155/1.3200
Support: 1.2992/1.2952/1.2883
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