AceTrader 1-wk TRIAL
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Update Time: 06 Apr 2009 01:02GMT
INTRA-DAY EUR/JPY OUTLOOK - +136.60+
As euro has risen sharply higher after penetra-
ting Friday's high at 135.28 in Australia n gain to
136.60/70 is now envisaged, however, o/bot condi-
tion is likely to cap price below 137.00 in Asia.
Still favour buying on pullback for this move,
stop as indicated but only a break of 135.00 wud
confirm an intra-day top is in place...
Rate: +136.60+
Strategy: +Target met+
Position: +Long at 136.10+
Objective: 136.60
Stop-Loss:
Resistance: 136.62/137.00/138.34
Support: 135.35/134.99/134.22
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Update Time: 03 Apr 2009 12:34GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4840+
Cable's rebound after finding renewed buying
at 1.4726 suggests pullback fm 1.4832 has ended
there n recent upmove shud resume for re-test of
said res, abv wud extend gain to 1.4850/60 but loss
of upward momentum shud cap price at 1.4880.
Buy at market with stop as indicated, break
wud signal temp. top is made n risk 1.4726...
Rate: +1.4840+
Strategy: +Target met+
Position: +Long at 1.4797+
Objective: 1.4840
Stop-Loss:
Resistance: 1.4832/1.4880/1.4920
Support: 1.4726/1.4650/1.4600
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Update Time: 03 Apr 2009 11:52GMT
SPOT GOLD DAILY OUTLOOK - +903.50+
Although gold's rebound after y'day's selloff fm
929.20 to 895.20 suggests further choppy trading
abv recent low at 884.10 is seen n marginal gain
cannot be ruled out, reckon 908.90 (prev. sup) wud
limit upside n yield another fall but below said
sup is needed to signal erratic decline fm 1006.20
(Feb '09) has resumed for re-test of 884.10 1st.
+Sell at market+ with stop as indicated, break
wud prolong consolidation n risk 919.20...
Rate: +903.50+
Strategy: +Stop profit+
Position: +Short at 908.00+
Objective:
Stop-Loss: +903.50+
Resistance: 908.90/919.20/929.20
Support: 895.20/884.10/875.00
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Update Time: 06 Apr 2009 01:02GMT
INTRA-DAY EUR/JPY OUTLOOK - +136.60+
As euro has risen sharply higher after penetra-
ting Friday's high at 135.28 in Australia n gain to
136.60/70 is now envisaged, however, o/bot condi-
tion is likely to cap price below 137.00 in Asia.
Still favour buying on pullback for this move,
stop as indicated but only a break of 135.00 wud
confirm an intra-day top is in place...
Rate: +136.60+
Strategy: +Target met+
Position: +Long at 136.10+
Objective: 136.60
Stop-Loss:
Resistance: 136.62/137.00/138.34
Support: 135.35/134.99/134.22
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Update Time: 03 Apr 2009 12:34GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4840+
Cable's rebound after finding renewed buying
at 1.4726 suggests pullback fm 1.4832 has ended
there n recent upmove shud resume for re-test of
said res, abv wud extend gain to 1.4850/60 but loss
of upward momentum shud cap price at 1.4880.
Buy at market with stop as indicated, break
wud signal temp. top is made n risk 1.4726...
Rate: +1.4840+
Strategy: +Target met+
Position: +Long at 1.4797+
Objective: 1.4840
Stop-Loss:
Resistance: 1.4832/1.4880/1.4920
Support: 1.4726/1.4650/1.4600
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Update Time: 03 Apr 2009 11:52GMT
SPOT GOLD DAILY OUTLOOK - +903.50+
Although gold's rebound after y'day's selloff fm
929.20 to 895.20 suggests further choppy trading
abv recent low at 884.10 is seen n marginal gain
cannot be ruled out, reckon 908.90 (prev. sup) wud
limit upside n yield another fall but below said
sup is needed to signal erratic decline fm 1006.20
(Feb '09) has resumed for re-test of 884.10 1st.
+Sell at market+ with stop as indicated, break
wud prolong consolidation n risk 919.20...
Rate: +903.50+
Strategy: +Stop profit+
Position: +Short at 908.00+
Objective:
Stop-Loss: +903.50+
Resistance: 908.90/919.20/929.20
Support: 895.20/884.10/875.00
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