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 $25 USDUpdate Time: 07 May 2009 01:32GMT
WEEKLY AUD/JPY CROSS OUTLOOK - +74.00+
A$'s rally fm 66.87 signals MT erratic rise fm
'08 low at 55.16 has resumed n further headway twds
74.49 is seen but reckon 76.00 wud limit upside.
Buy pullback n exit on subsequent upmove, stop
as indicated, below wud risk retrace. to 69.30/40..
Rate: +74.00+
Strategy: +Target met+
Position: +Long at 72.00+
Objective: 74.00
Stop-Loss:
Resistance: 74.49 / 76.84 / 79.82
Support: 71.33 / 70.34 / 66.87
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Update Time: 07 May 2009 14:45GMT
WEEKLY EUR/YEN CROSS OUTLOOK - +132.70+
Euro's rally fm 124.38 suggests correction fm
137.42 has possibly ended there n consolidation
with upside bias wud be seen n gain to 134.33 res
is likely, however, breach is needed to confirm n
yield further headway to 135.64 but reckon said top
wud hold on 1st testing.
Buy on dips with stop as indicated, break wud
prolong choppy trading n may bring weakness to 127.
31, however, 126.10 shud contain downside...
Rate: +132.70+
Strategy: +Target met+
Position: +Long at 130.00+
Objective: +132.70+
Stop-Loss:
Resistance: 134.33/137.42/140.00
Support: 129.28/127.31/124.38
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Update Time: 07 May 2009 18:21GMT
INTRA-DAY AUD/USD OUTLOOK - 0.7522
Although aussie's anticipated weakness suggests
intra-day fall fm 0.7516 to retrace recent upmove
may extend marginally, near term o/sold condition
shud limit downside n reckon 0.7504 (prev. res) wud
hold n yield rebound.
Wud be prudent to exit short n stand aside. Only
abv 0.7565/75 indicates pullback is over, 0.7592...
Rate: 0.7522
Strategy: Exit short
Position: Short at 0.7560
Objective:
Stop-Loss:
Resistance: 0.7592/0.7616/0.7635
Support: 0.7504/0.7459/0.7420
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