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 $25 USDUpdate Time: 07 May 2009 13:44GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1260+
Present selloff confirms correction fm 1.1245
has indeed ended at 1.1425 n recent decline shud
resume for re-test of said sup, below wud extend
weakness to 1.1213, however, loss of downward momen
tum shud keep price well abv 1.1158 sup.
Sell at market with stop as indicated, break
wud risk rebound to 1.1360/70...
Rate: +1.1260+
Strategy: +Target met+
Position: +Short at 1.1300+
Objective: +1.1260+
Stop-Loss:
Resistance: 1.1425/1.1433/1.1464
Support: 1.1284/1.1245/1.1213
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Update Time: 07 May 2009 12:3GMT
DAILY USD/JPY OUTLOOK - +99.50+
Although dlr has retreated after y'day's rebound
fm 97.94 to 99.08, as long as this sup holds, conso
lidation with upside bias remains n abv said res
wud signal pullback fm last week's top at 99.58 has
ended, bring re-test of this lvl, then twd 100.00.
Hold long, stop initially below 97.94 n raise it
once price rises abv 99.08 res...
Rate: +99.50+
Strategy: +Target met+
Position: Long at 98.50
Objective: 99.50
Stop-Loss:
Resistance: 99.58/100.00/100.74
Support: 97.94/ 97.15/ 96.58
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Update Time: 07 May 2009 09:34GMT
DAILY AUD/JPY OUTLOOK - +75.10+
A$'s recent upmove remains in progress after the
breach of 73.99 n further gain to 75.10/20 is seen
but 76.00 wud hold due to nr term loss of momentum.
Trade fm long side with stop as indicated, below
wud risk pullback to 73.40/50 b4 up...
Rate: +75.10+
Strategy: +Target met+
Position: Long at 74.33
Objective: 75.10
Stop-Loss:
Resistance: 76.00/76.84/77.95
Support: 73.99/73.25/71.99
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Update Time: 07 May 2009 08:54GMT
INTRA-DAY GBP/USD OUTLOOK - +1.5125+
Despite cable's brief retreat to 1.5072 due
to cross unwinding in sterling, subsequent rebound
suggests consolidation with upside bias remains n
gain to 1.5135/40 is likely but breach of 1.5160/63
needed to confirm upmove has resumed, 1.5200.
Reinstate long on dips with stop as indicated,
break wud prolong choppy trading n risk 1.5030/40..
Rate: +1.5125+
Strategy: +Target met+
Position: +Long at 1.5085+
Objective: +1.5125+
Stop-Loss:
Resistance: 1.5163/1.5200/1.5271
Support: 1.5072/1.4990/1.4949
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Update 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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