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: 20 May 2009 17:44GMT
INTRA-DAY EUR/JPY OUTLOOK - +131.20+
As euro has rebounded after meeting renewed
buying at 130.57/60, suggesting consolidation with
upside bias remains for gain to 131.20/30, however,
abv is needed to retain bullishness n bring re-test
of res at 131.73/86 later.
Hold long, stop at break-even, below wud prolong
choppy trading inside 129.70-131.86 range, 130.10..
Rate: +131.20+
Strategy: +Target met+
Position: Long at 130.60
Objective: 131.20
Stop-Loss:
Resistance: 131.86/132.40/133.00
Support: 130.54/129.70/129.47
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Update Time: 20 May 2009 17:44GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3795+
Although euro's retreat after intra-day rally
to 1.3795 suggests consolidation is seen, pullback
shud be ltd to 1.3740/50 n yield rebound but abv
said res is needed to confirm upmove fm 1.2457 has
resumed n extend gain twd 1.3820/30 later.
Trade fm long side, stop as indicated, break
wud risk stronger retrace. to 1.3700....
Rate: +1.3795+
Strategy: +Target met+
Position: Long at 1.3755
Objective: 1.3795
Stop-Loss:
Resistance: 1.3799/1.3856/1.3900
Support: 1.3722/1.3629/1.3584
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Update Time: 20 May 2009 13:53GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0980+
Dlr's intra-day weakness strongly suggests
corrective rise fm 1.0977 has ended earlier at
1.1266 n consolidation with downside bias is seen
for fall to 1.0977 but breach is needed to confirm
recent decline has resumed n extend to 1.0930/40.
Sell at market with stop as indicated, break
wud risk gain to 1.1090/00...
Rate: +1.0980+
Strategy: +Target met+
Position: +Short at 1.1030+
Objective: 1.0980
Stop-Loss:
Resistance: 1.1131/1.1164/1.1220
Support: 1.0977/1.0900/1.0850
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