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: 08 May 2009 19:03GMT
INTRA-DAY GBP/USD OUTLOOK - 1.5218
Although cable's anticipated firmness signals
recent upmove has resumed n marginal gain abv
1.5225 is likely, nr term o/bot condition shud cap
upside below 1.5250/60 n risk has increased for a
much-needed pullback later.
Wud be prudent to exit long n look to buy again
on dips as 1.5145/55 shud limit downside...
Rate: 1.5218
Strategy: Exit long
Position: Long at 1.5180
Objective:
Stop-Loss:
Resistance: 1.5225/1.5271/1.5300
Support: 1.5155/1.5121/1.5068
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Update Time: 08 May 2009 12:34GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1220+
Dlr's retreat after meeting renewed selling at
1.1336 suggests recovery fm 1.1253 (y'day's low)
has ended there, downside bias is seen for re-test
of 1.1245/53 n break wud confirm recent fall has
resumed n extend weakness twd 1.1200/10 later.
Sell at market with stop as indicated, abv wud
prolong choppy trading but 1.1336 res shud hold...
Rate: +1.1220+
Strategy: +Target met+
Position: Short at 1.1271
Objective: 1.1220
Stop-Loss:
Resistance: 1.1336/1.1390/1.1425
Support: 1.1213/1.1158/1.1100
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Update Time: 08 May 2009 12:35GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3495+
Present firmness suggests recent upmove has
possibly resumed n abv o/head res at 1.3471 wud
extend gain to 1.3510/15, however, loss of upward
momentum shud cap price at 1.3576/80 n yield a much
needed minor correction later.
Buy at market with stop as indicated, break
wud risk stronger retrace. to 1.3342...
Rate: +1.3495+
Strategy: +Target met+
Position: Long at 1.3445
Objective: 1.3495
Stop-Loss:
Resistance: 1.3439/1.3471/1.3515
Support: 1.3342/1.3302/1.3245
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