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: 06 May 2009 02:18GMT
INTRA-DAY USD/CHF OUTLOOK - 1.1380
Despite anticipated resumption of the upmove fm
y'day's low at 1.1245, this move is viewed as a
retracement of recent decline n reckon res area at
1.1422/33 wud hold fm here due to near term o/bot
condition, yield retreat later.
Exit intra-day long n stand aside as only below
1.1315/25 signals aforesaid rise has formed a top..
Rate: 1.1380
Strategy: Exit long
Position: Long at 1.1350
Objective:
Stop-Loss:
Resistance: 1.1433/1.1467/1.1494
Support: 1.1315/1.1292/1.1245
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Update Time: 05 May 2009 18:53GMT
INTRA-DAY EUR/JPY OUTLOOK - 131.60
Despite euro's anticipated weakness, a breach of
131.35 is needed to confirm a temp. top has been
formed at 132.87 y'day n yield retrace. of recent
upmove twd 130.85 b4 prospect of a rebound, other-
wise, further choppy trading is seen.
Exit short n stand aside. Abv 131.90/00 prolongs
consolidation inside 131.34-132.87 range, 132.20/30
Rate: 131.60
Strategy: Exit short
Position: Short at 132.00
Objective:
Stop-Loss:
Resistance: 132.20/132.87/133.36
Support: 131.35/130.85/130.30
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Update Time: 05 May 2009 18:43GMT
INTRA-DAY AUD/USD OUTLOOK - +0.7390+
Although aussie has recovered after retreating
fm 0.7480 to 0.7399 n consolidation is seen, if our
view that temp. top formed at 0.7480 is correct,
downside bias remains for another corrective fall
twd 0.7378 but reckon 0.7330/40 wud hold.
Trade fm short side with stop as indicated, abv
wud abort n may risk re-test of 0.7480...
Rate: +0.7390+
Strategy: +Target met+
Position: Short at 0.7430
Objective: 0.7390
Stop-Loss:
Resistance: 0.7480/0.7511/0.7560
Support: 0.7378/0.7332/0.7302
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