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: 02 Jun 2009 14:00GMT
DAILY GBP/JPY CROSS OUTLOOK - +158.35+
Despite stg's brief but strg retreat fm 159.18 to
156.97, subsequent rebound suggests consolidation
with upside bias wud be seen.
Reinstate long on dips with stop below there,
break wud risk stronger retrace. to 156.24...
Rate: +158.35+
Strategy: +Target met+
Position: +Long at 157.40+
Objective: 158.35
Stop-Loss:
Resistance: 158.37/159.18/160.00
Support: 156.97/156.24/155.74
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Update Time: 02 Jun 2009 12:00GMT
DAILY NZD/USD OUTLOOK - +0.6560+
Despite the retreat fm y'day's 0.6565 high, as
long as 0.6420/30 holds, recent upmove shud resume
for a re-test of said res n then 0.6600.
Trade fm long side with stop as indicated, below
wud abort n risk stronger retracement to 0.6363...
Rate: +0.6560+
Strategy: +Target met+
Position: Long at 0.6460
Objective: 0.6560
Stop-Loss:
Resistance: 0.6565/0.6600/0.6650
Support: 0.6420/0.6363/0.6275
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Update Time: 02 Jun 2009 11:02GMT
SPOT GOLD DAILY OUTLOOK - 978.00
Present anticipated rebound fm 969.40 suggests
corrective decline fm 988.70 has formed a temp.
low there, consolidation with upside bias wud be
seen n abv o/head res at 978.50 may extend gain to
982/983, however, as broad outlook remains consoli-
dative, said top shud remain intact.
Wud be prudent to exit long at 970.00 n look
to buy again on dips as 969.40 sup shud contain
downside...
Rate: 978.00
Strategy: Exit long
Position: Long at 970.00
Objective:
Stop-Loss:
Resistance: 978.50/988.70/994.80
Support: 969.40/965.10/958.40
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