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: 12 May 2009 14:14GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3630+
Despite euro's intra-day brief rise to 1.3708,
subsequent retreat suggests consolidation with
downside bias wud be seen for weakness twds 1.3623,
however, break needed to confirm temp. top is made
n yield retrace. to 1.3585/90.
Turn cautious seller with stop as indicated
only abv 1.3708 wud extend gain twds 1.3739 res....
Rate: +1.3630+
Strategy: +Target met+
Position: +Short at 1.3670+
Objective: 1.3630
Stop-Loss:
Resistance: 1.3708/1.3739/1.3800
Support: 1.3604/1.3557/1.3517
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Update Time: 12 May 2009 13:20GMT
INTRA-DAY EUR/JPY OUTLOOK - +132.50+
Euro's strg retreat fm 133.60 suggests recovery
fm 131.77 has ended n consolidation with downside
bias is seen for weakness to 132.40/45, however,
break is needed to confirm decline fm 134.80 has
resumed n yield re-test of said sup lvl later.
Sell on minor pullback with stop as indicated,
abv wud risk 133.35/40 but 133.60 shud limit gain..
Rate: +132.50+
Strategy: +Target met+
Position: +Short at 132.90+
Objective: 132.50
Stop-Loss:
Resistance: 133.60/133.98/134.56
Support: 132.15/131.77/130.73
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Update Time: 12 May 2009 13:02GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8915+
Despite euro's rebound after intra-day selloff
to 0.8918, as long as 0.8950/55 holds, consolida-
tion with downside side bias remains for re-test
of said sup n then twd 0.8895 but nr term o/sold
condition shud prevent steep fall below there.
Trade fm short side with stop abv said res,
break wud signal temp. low made, 0.8980/85...
Rate: +0.8915+
Strategy: +Target met+
Position: +Short at 0.8945+
Objective: 0.8915
Stop-Loss:
Resistance: 0.8940/0.8974/0.9017
Support: 0.8895/0.8877/0.8835
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Update Time: 12 May 2009 12:38GMT
INTRA-DAY USD/JPY OUTLOOK - +96.80+
Present breach of 97.13 confirms decline fm
99.80 has resumed n further weakness to 96.58/60
wud be seen, however, near term loss of downward
momentum shud prevent steep fall fm there n reckon
96.34 wud contain downside n yield rebound later.
Sell at market with stop as indicated, break
wud risk rebound to 97.60/65...
Rate: +96.80+
Strategy: +Target met+
Position: +Short at 97.10+
Objective: 96.80
Stop-Loss:
Resistance: 97.94/98.16/98.87
Support: 96.58/96.34/96.00
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