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: 09 Jun 2009 13:15GMT
INTRA-DAY AUD/USD OUTLOOK - 0.7990
As aussie has risen after finding renewed buying
at 0.7893, suggesting mild upside bias remains for
retrace. of recent decline to 0.7988, however, rec-
kon 0.8010/15 wud hold fm here n yield retreat.
Turn long on dips n exit on such rise, stop as
indicated n only below said sup wud signal recovery
fm 0.7828 has ended, 0.7853 later...
Rate: +0.7990+
Strategy: +Target met+
Position: +Long at 0.7950+
Objective: 0.7990
Stop-Loss:
Resistance: 0.8029/0.8098/0.8124
Support: 0.7893/0.7853/0.7828
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Update Time: 09 Jun 2009 07:20GMT
INTRA-DAY EUR/USD OUTLOOK - 1.3950
Current anticipated rebound suggests near term
rise fm y'day's 1.3806 low to retrace recent fall
has resumed for gain to 1.3950, then twd 1.3980/85,
however, reckon 1.4004 res wud hold fm here n risk
has increased for a retreat later.
Buy again on dips with stop as indicated, only
below 1.3865/70 aborts n brings re-test of 1.3853..
Rate: +1.3950+
Strategy: +Target met+
Position: +Long at 1.3910+
Objective: 1.3950
Stop-Loss:
Resistance: 1.3982/1.4004/1.4070
Support: 1.3853/1.3806/1.3739
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Update Time: 09 Jun 2009 06:59GMT
DAILY GBP/USD OUTLOOK - 1.6128
Although cable's anticipated rally signals the
rise fm y'day's 1.5803 low to retrace recent fall
has resumed n gain twds 1.6170/75 cannot be ruled
out, near term o/bot condition shud limit upside n
res at 1.6245 wud hold fm here.
Wud be prudent to exit long n stand aside for
now. Below 1.6020/25 wud indicate top made, 1.5985.
Rate: 1.6128
Strategy: Exit long
Position: Long at 1.6000
Objective:
Stop-Loss:
Resistance: 1.6194/1.6245/1.6335
Support: 1.6105/1.5985/1.5896
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Update Time: 08 Jun 2009 17:18GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8670+
As euro has remained under pressure, suggesting
the decline fm 0.8867 (Friday's high) to retrace
recent upmove remains in force n further weakness
to 0.8650 wud be seen, however, risk has increased
for a rebound due to nr term loss on momentum.
Hold short with stop as indicated, abv wud risk
pullback to 0.8734 b4 down...
Rate: +0.8670+
Strategy: +Target met+
Position: Short at 0.8700
Objective: +0.8670+
Stop-Loss:
Resistance: 0.8734/0.8796/0.8867
Support: 0.8650/0.8625/0.8576
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Update Time: 08 Jun 2009 10:52GMT
INTRA-DAY EUR/CHF OUTLOOK - 1.5168
Lack of follow through selling below 1.5160
n subsequent recovery fm 1.5157 suggest choppy
trading is seen n risk is for a pullback to 1.5195/
00, however, upside shud be ltd to 1.5214 n reckon
1.5235/37 res area wud remain intact.
Exit short n stand aside for now. Below
1.5154/57 wud revive bearishness to 1.5120/25...
Rate: 1.5168
Strategy: Exit short
Position: Short at 1.5200
Objective:
Stop-Loss:
Resistance: 1.5214/1.5237/1.5301
Support: 1.5154/1.5121/1.5102
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Update Time: 08 Jun 2009 10:12GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8725+
Despite euro's intra-day rebound fm 0.8740 to
0.8796, subsequent retreat suggests decline fm 0.88
67 to retrace nr term upmove fm 0.8576 has resumed
n re-test of 0.8734 (Friday's NY low) is seen but
below is needed to confirm, 0.8710/15 later.
Sell on recovery with stop as indicated, only
abv 0.8798/03 aborts n risks gain twd 0.8820/25...
Rate: +0.8725+
Strategy: +Target met+
Position: +Short at 0.8760+
Objective: +0.8725+
Stop-Loss:
Resistance: 0.8803/0.8867/0.8915
Support: 0.8693/0.8625/0.8576
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