AceTrader 1-wk TRIAL
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Update Time: 29 Apr 2009 00:23GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4665+
As cable has rebounded after y'day's retreat fm
1.4692 to 1.4579, consolidation with upside bias is
seen n abv 1.4650/55 wud bring gain to 1.4692/95
res area but break is needed to retain bullishness
n extend to 1.4720/30 'later'.
Hold long with stop at break-even n only below
1.4579 wud risk weakness to 1.4540/50...
Rate: +1.4665+
Strategy: +Target met+
Position: Long at 1.4615
Objective: 1.4665
Stop-Loss:
Resistance: 1.4695/1.4745/1.4774
Support: 1.4610/1.4579/1.4515
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Update Time: 28 Apr 2009 15:09GMT
EUROPEAN CLOSING USD/CHF OUTLOOK - +1.1500+
Dlr's breach of 1.1545 confirms upmove fm
1.1350 has formed a top at 1.1605 y'day n consolida
tion with downside bias is seen for a retrace. twds
1.1500, however, reckon 1.1475/80 shud contain
downside n yield rebound later.
Trade fm short side with stop as indicated,
break wud risk gain to 1.1575/80...
Rate: +1.1500+
Strategy: +Target met+
Position: Short at 1.1540
Objective: 1.1500
Stop-Loss:
Resistance: 1.1605/1.1628/1.1677
Support: 1.1500/1.1439/1.1405
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Update Time: 28 Apr 2009 12:23GMT
SPOT GOLD DAILY OUTLOOK - 890.50
Despite intra-day recovery after the brief but
sharp selloff to 886.90, as the decline fm 918.50
suggests erratic rise fm 864.10 has ended there
y'day, reckon 900/901 wud limit upside n bring
another fall for re-test of said sup n below wud
extend subsequent weakness to 878/880.
Wud be prudent to take profit on present fall n
look to sell again on recovery as 901/902 shud
remain intact...
Rate: 890.50
Strategy: Exit short
Position: Short at 900.00
Objective:
Stop-Loss:
Resistance: 907.30/914.00/918.50
Support: 886.90/879.90/873.00
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Update Time: 29 Apr 2009 00:23GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4665+
As cable has rebounded after y'day's retreat fm
1.4692 to 1.4579, consolidation with upside bias is
seen n abv 1.4650/55 wud bring gain to 1.4692/95
res area but break is needed to retain bullishness
n extend to 1.4720/30 'later'.
Hold long with stop at break-even n only below
1.4579 wud risk weakness to 1.4540/50...
Rate: +1.4665+
Strategy: +Target met+
Position: Long at 1.4615
Objective: 1.4665
Stop-Loss:
Resistance: 1.4695/1.4745/1.4774
Support: 1.4610/1.4579/1.4515
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Update Time: 28 Apr 2009 15:09GMT
EUROPEAN CLOSING USD/CHF OUTLOOK - +1.1500+
Dlr's breach of 1.1545 confirms upmove fm
1.1350 has formed a top at 1.1605 y'day n consolida
tion with downside bias is seen for a retrace. twds
1.1500, however, reckon 1.1475/80 shud contain
downside n yield rebound later.
Trade fm short side with stop as indicated,
break wud risk gain to 1.1575/80...
Rate: +1.1500+
Strategy: +Target met+
Position: Short at 1.1540
Objective: 1.1500
Stop-Loss:
Resistance: 1.1605/1.1628/1.1677
Support: 1.1500/1.1439/1.1405
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Update Time: 28 Apr 2009 12:23GMT
SPOT GOLD DAILY OUTLOOK - 890.50
Despite intra-day recovery after the brief but
sharp selloff to 886.90, as the decline fm 918.50
suggests erratic rise fm 864.10 has ended there
y'day, reckon 900/901 wud limit upside n bring
another fall for re-test of said sup n below wud
extend subsequent weakness to 878/880.
Wud be prudent to take profit on present fall n
look to sell again on recovery as 901/902 shud
remain intact...
Rate: 890.50
Strategy: Exit short
Position: Short at 900.00
Objective:
Stop-Loss:
Resistance: 907.30/914.00/918.50
Support: 886.90/879.90/873.00
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