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: 18 May 2009 23:27GMT
DAILY GBP/USD OUTLOOK - 1.5335
Although y'day's cross-inspired rally after
finding buying interest at 1.5116 suggests recent
upmove has resumed, abv last wk's high at 1.5354 is
needed to extend gain to 1.5400 n then 1.5450/60,
otherwise, minor pullback cannot be ruled out.
Exit long n buy again on dips with stop as
indicated, below prolongs consolidation, 1.5190/00.
Rate: 1.5335
Strategy: Exit long n buy at 1.5300
Position: Long at 1.5275
Objective: 1.5400
Stop-Loss: 1.5250
Resistance: 1.5354/1.5476/1.5566
Support: 1.5288/1.5195/1.5116
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Update Time: 18 May 2009 19:59GMT
INTRA-DAY AUD/USD OUTLOOK - +0.7665+
Aud's breach of indicated res at 0.7618 signals
correction fm last wk's high at 0.7714 has ended
at 0.7451 (Asian low) n upside bias is seen for
gain to 0.7660/70, however, nr term o/bot condition
shud cap price at 0.7705 n yield retreat later.
Trade fm long side with stop now at break-even,
below wud risk pullback twd 0.7580/90 b4 up...
Rate: +0.7665+
Strategy: +Target met+
Position: Long at 0.7625
Objective: 0.7665
Stop-Loss:
Resistance: 0.7705/0.7714/0.7743
Support: 0.7604/0.7571/0.7542
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Update Time: 18 May 2009 18:49GMT
INTRA-DAY USD/JPY OUTLOOK - +96.45+
Dlr's firmness after breaking 96.02 (now sup)
signals intra-day rise fm 94.55 to retrace recent
decline remains in progress n further gain to 96.50
is seen, however, nr term o/bot condition wud limit
upside n reckon res at 96.70 shud hold fm here.
Trade fm long side, stop as indicated, below wud
risk stronger pullback twd 95.55/65 b4 up...
Rate: +96.45+
Strategy: +Target met+
Position: Long at 96.06
Objective: 96.45
Stop-Loss:
Resistance: 96.70 / 97.13 / 97.84
Support: 96.02 / 95.62 / 94.85
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