AceTrader 1-wk TRIAL
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Update Time: 18 May 2009 16:32GMT
EUROPEAN CLOSING EUR/JPY OUTLOOK - +130.15+
Euro's firmness after penetrating 129.47 signals
intra-day rise fm 126.99 to retrace recent decline
has resumed n further gain to 129.86 n then 130.10/
20 is seen but nr term o/bot condition shud limit
upside n 130.46 (prev. sup, now res) wud hold.
Buy at market with stop as indicated, only below
129.03 suggests top is made, 128.70/80...
Rate: +130.15+
Strategy: +Target met+
Position: Long at 129.55
Objective: 130.15
Stop-Loss:
Resistance: 130.46/131.15/131.82
Support: 129.47/129.03/128.77
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Update Time: 18 May 2009 11:42GMT
INTRA-DAY EUR/JPY OUTLOOK - +129.40+
Euro's intra-day rally fm 126.99 to 129.23
signals a temp. low has been formed there n consoli
dation with upside bias is seen for a stronger
correction of recent decline to 129.40, however,
reckon 129.86 res wud cap upside.
Buy for this move with stop as indicated, below
wud risk 128.50/55....
Rate: +129.40+
Strategy: +Target met+
Position: Long at 128.95
Objective: 129.40
Stop-Loss:
Resistance: 129.86/130.46/131.15
Support: 128.08/127.54/126.99
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Update Time: 18 May 2009 11:38GMT
INTRA-DAY GBP/USD OUTLOOK - +1.5285+
Although cable has retreated after intra-day
strg rebound fm 1.5116 to 1.5270 n sideways trading
wud be seen, pullback wud be ltd n yield another
rise twds 1.5288, however, as broad outlook remains
consolidative, 1.5354 top shud hold fm here.
Trade fm long side with stop as indicated, break
wud defer n risk 1.5171...
Rate: +1.5285+
Strategy: +Target met+
Position: Long at 1.5240
Objective: +1.5285+
Stop-Loss:
Resistance: 1.5288/1.5354/1.5400
Support: 1.5171/1.5116/1.5086
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Update Time: 18 May 2009 16:32GMT
EUROPEAN CLOSING EUR/JPY OUTLOOK - +130.15+
Euro's firmness after penetrating 129.47 signals
intra-day rise fm 126.99 to retrace recent decline
has resumed n further gain to 129.86 n then 130.10/
20 is seen but nr term o/bot condition shud limit
upside n 130.46 (prev. sup, now res) wud hold.
Buy at market with stop as indicated, only below
129.03 suggests top is made, 128.70/80...
Rate: +130.15+
Strategy: +Target met+
Position: Long at 129.55
Objective: 130.15
Stop-Loss:
Resistance: 130.46/131.15/131.82
Support: 129.47/129.03/128.77
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Update Time: 18 May 2009 11:42GMT
INTRA-DAY EUR/JPY OUTLOOK - +129.40+
Euro's intra-day rally fm 126.99 to 129.23
signals a temp. low has been formed there n consoli
dation with upside bias is seen for a stronger
correction of recent decline to 129.40, however,
reckon 129.86 res wud cap upside.
Buy for this move with stop as indicated, below
wud risk 128.50/55....
Rate: +129.40+
Strategy: +Target met+
Position: Long at 128.95
Objective: 129.40
Stop-Loss:
Resistance: 129.86/130.46/131.15
Support: 128.08/127.54/126.99
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Update Time: 18 May 2009 11:38GMT
INTRA-DAY GBP/USD OUTLOOK - +1.5285+
Although cable has retreated after intra-day
strg rebound fm 1.5116 to 1.5270 n sideways trading
wud be seen, pullback wud be ltd n yield another
rise twds 1.5288, however, as broad outlook remains
consolidative, 1.5354 top shud hold fm here.
Trade fm long side with stop as indicated, break
wud defer n risk 1.5171...
Rate: +1.5285+
Strategy: +Target met+
Position: Long at 1.5240
Objective: +1.5285+
Stop-Loss:
Resistance: 1.5288/1.5354/1.5400
Support: 1.5171/1.5116/1.5086
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