AceTrader 1-wk TRIAL
www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 USDUpdate Time: 21 Apr 2009 07:01GMT
INTRA-DAY GBP/USD OUTLOOK - 1.4492
Despite cable's brief drop to around 1.4478 at
European opening, subsequent rebound after holding
abv 1.4467 suggests further choppy sideways trading
wud be seen n another bounce to 1.4540/45 cannot be
ruled out, however, res at 1.4575 shud cap upside.
Wud be prudent to exit short n look to sell
again on recovery. Below 1.4467 extends to 1.4431..
Rate: 1.4492
Strategy: Exit short
Position: Short at 1.4522
Objective:
Stop-Loss:
Resistance: 1.4590/1.4658/1.4706
Support: 1.4467/1.4431/1.4400
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Update Time: 21 Apr 2009 01:25GMT
INTRA-DAY AUD/USD OUTLOOK - 0.7011
Although aussie's anticipated intra-day rebound
suggests further consolidation abv o/n NY low at
0.6953 is in store, choppy trading is likely after
the release of RBA meeting minutes n another fall
to said sup cannot be ruled out.
Exit intra-day long n stand aside for now. Abv
0.7020/30 wud bring correction to 0.7060 b4 retreat
Rate: 0.7011
Strategy: Exit long
Position: Long at 0.6980
Objective:
Stop-Loss:
Resistance: 0.7020/0.7079/0.7138
Support: 0.6953/0.6915/0.6855
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Update Time: 20 Apr 2009 12:20GMT
INTRA-DAY USD/JPY OUTLOOK - +98.40+
As dlr has fallen after brief recovery, suggest
ing erratic decline fm 101.45 remains in progress n
weakness to 98.35/40 is seen but break of 98.15 sup
is needed to extend aforesaid fall to 97.85/90 b4
prospect of a rebound due to o/sold condition.
Trade fm short side with stop at break-even n
only abv 98.85/90 wud prolong consolidation, 99.15.
Rate: +98.40+
Strategy: +Target met+
Position: Short at 98.80
Objective: 98.40
Stop-Loss:
Resistance: 99.13/ 99.43/ 99.77
Support: 98.51/ 98.15/ 97.50
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Update Time: 20 Apr 2009 09:44GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8910+
Euro's rally abv 0.8862/71 signals temp. low has
indeed been formed last week n correction of recent
decline to 0.8910 is seen but reckon res at 0.8924
wud cap upside due to anticipated o/bot condition,
yield retreat later.
Buy for this move with stop as indicated, below
wud risk pullback to 0.8830/35...
Rate: +0.8910+
Strategy: +Target met+
Position: Long at 0.8872
Objective: 0.8910
Stop-Loss:
Resistance: 0.8924/0.8954/0.8976
Support: 0.8862/0.8829/0.8787
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