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: 07 May 2009 03:07GMT
DAILY AUD/USD OUTLOOK - 0.7535
Despite anticipated resumption of recent upmove
following the release of stronger-than-expected
Australian jobs data, nr term o/bot condition shud
limit upside n risk has increased for a retreat b4
prospect of another rise later.
Exit long n buy again on pullback as only below
0.7459/60 wud signal temp. top is made, 0.7410/20..
Rate: 0.7535
Strategy: Exit long n buy at 0.7500
Position: Long at 0.7475
Objective: 0.7585
Stop-Loss: 0.7455
Resistance: 0.7563/0.7635/0.7728
Support: 0.7504/0.7459/0.7391
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Update Time: 07 May 2009 01:31GMT
INTRA-DAY AUD/USD OUTLOOK - +0.7530+
As aud has retreated after failing to penetrate
o/n NY high at 0.7504, caution is advised on our
intra-day long n 0.7455/59 must hold for prospect
of another rise, abv said res wud extend recent
upmove to 0.7530/40 n then daily obj. at 0.7570.
Trade fm long side with stop as indicated,
below defers n risks stronger pullback to 0.7430...
Rate: +0.7530+
Strategy: +Target met+
Position: Long at 0.7480
Objective: 0.7530
Stop-Loss:
Resistance: 0.7580/0.7635/0.7680
Support: 0.7459/0.7420/0.7391
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Update Time: 06 May 2009 22:22GMT
DAILY EUR/GBP OUTLOOK - +0.8800+
Y'day's breach of 0.8881/86 (now res) confirms
correction fm last month's low at 0.8787 has indeed
ended earlier at 0.9082 n downside bias remains for
weakness to 0.8800 n re-test of said sup, however,
o/sold condition shud keep price abv 0.8750/60.
Trade fm short side, stop as indicated, break
signals temp. low is made n risks gain to 0.8944...
Rate: +0.8800+
Strategy: +Target met+
Position: Short at 0.8875
Objective: 0.8800
Stop-Loss:
Resistance: 0.8881/0.8944/0.8984
Support: 0.8787/0.8726/0.8663
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