AceTrader 1-wk TRIAL
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Update Time: 24 Mar 2009 13:44GMT
INTRA-DAY EUR/GBP OUTLOOK - 0.9235
Euro's rebound after early selloff to 0.9171
suggests an intra-day low has possibly been made n
consolidation with upside bias wud be seen for a
bounce to 0.9247 but break needed to bring stronger
retrace. of recent decline to 0.9285 (prev. sup).
Wud be prudent to exit long n look to buy again
on dips as 0.9171 sup shud hold fm here...
Rate: 0.9235
Strategy: +Exit long+
Position: +Long at 0.9205+
Objective:
Stop-Loss:
Resistance: 0.9247/0.9285/0.9320
Support: 0.9171/0.9146/0.9100
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Update Time: 24 Mar 2009 10:34GMT
DAILY GBP/USD OUTLOOK - +1.4655+
Although cable's anticipated retreat fm 1.4780
signals a temp. top has been made there n retrace.
of recent upmove to 1.4622 is likely, break there
is needed to retain nr term bearishness for further
fall to 1.4580.
Exit short n look to sell again on recovery as
upside shud be ltd to 1.4710/20...
Rate: +1.4655+
Strategy: +Exit short+
Position: +Short at 1.4775+
Objective: +1.4650+
Stop-Loss:
Resistance: 1.4780/1.4836/1.4894
Support: 1.4622/1.4550/1.4450
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Update Time: 24 Mar 2009 05:45GMT
INTRA-DAY EUR/JPY OUTLOOK - +134.25+
As euro has risen again after meeting renewed
buying at around 133.37/40, suggesting correction
fm 134.06 (Asia) has ended n re-test of said res is
seen, break wud extend recent upmove to 134.40/50
b4 prospect of a retreat later.
Buy for this move with stop as indicated, below
wud risk pullback to 133.00/10...
Rate: +134.25+
Strategy: +Target met+
Position: +Long at 133.77+
Objective: 134.25
Stop-Loss:
Resistance: 134.46/135.17/136.39
Support: 133.26/132.56/132.05
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