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: 11 Jun 2009 17:36GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6610+
Cable's firmness suggests upmove fm this
week's low of 1.5806 wud extend gain to 1.6625/30,
however, o/bot condition shud prevent strg gain abv
there n recent top at 1.6664 shud hold on 1st
testing n yield retreat later.
+Wud be prudent to exit long at 1.6575 n look to
buy again on pullback as 1.6493 wud remain intact.+
Rate: +1.6610+
Strategy: +Exit long+
Position: +Long at 1.6575+
Objective:
Stop-Loss:
Resistance: 1.6622/1.6664/1.6700
Support: 1.6475/1.6381/1.6345
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Update Time: 11 Jun 2009 17:27GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4145+
Intra-day rally suggests a re-test of o/head
res at 1.4145 wud be seen, however, break is needed
to signal upmove fm this week's low of 1.3806 has
resumed n extend gain to 1.4180/85 but o/bot condi-
tion shud cap price at 1.4200/10.
Trade fm long side with stop at break-even,
below wud risk retrace. to 1.4063...
Rate: +1.4145+
Strategy: +Target met+
Position: Long at 1.4105
Objective: 1.4145
Stop-Loss:
Resistance: 1.4145/1.4200/1.4269
Support: 1.4063/1.4000/1.3943
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Update Time: 11 Jun 2009 17:28GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0670+
Dlr's breach of 1.0720 suggests decline fm
this week's high of 1.0987 has resumed n further
weakness to 1.0666 n then twds 1.0642 wud be seen,
however, o/sold condition shud limit downside n
daily sup at 1.0592 shud remain intact.
Sell at market with stop as indicated n only
abv 1.0752 wud signal temp. low is made...
Rate: +1.0670+
Strategy: +Target met+
Position: +Short at 1.0710+
Objective: +1.0670+
Stop-Loss:
Resistance: 1.0752/1.0842/1.0944
Support: 1.0666/1.0642/1.0592
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Update Time: 11 Jun 2009 16:57GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6570+
Although cable has eased after intra-day rally
to 1.6565 n sideways trading wud be seen in thin
U.S. session, pullback wud be ltd n yield resump-
tion of upmove fm 1.5803 for further gain to 1.6570
/75 but 1.6595 shud cap upside.
Hold long with stop as indicated, break wud
signal temp. top is made n risk 1.6440/45...
Rate: +1.6570+
Strategy: +Target met+
Position: Long at 1.6530
Objective: 1.6570
Stop-Loss:
Resistance: 1.6595/1.6664/1.7000
Support: 1.6475/1.6381/1.6345
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Update Time: 11 Jun 2009 12:30GMT
SPOT GOLD DAILY OUTLOOK - 947.00
As gold has fallen after meeting renewed
selling at 958.00, suggesting recovery fm 943.50
has possibly ended earlier at 965.40 n consolida-
tion with downside bias wud be seen, however, break
of said sup is needed to confirm erratic decline fm
990.00 has resumed n extend to 940.00.
Wud be prudent to exit short n look to sell
again on recovery as 965.40 res is expected to
remain intact...
Rate: 947.00
Strategy: Exit short
Position: Short at 955.00
Objective:
Stop-Loss:
Resistance: 958.00/965.40/972.30
Support: 943.50/934.00/922.40
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Update Time: 11 Jun 2009 12:34GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3955+
As euro has fallen after meeting renewed sell-
ing around 1.4010, retaining our bearishness for
weakness twd 1.3950, however, break there is needed
to confirm recovery fm 1.3914 (y'day's low) has
ended n extend twds this lvl.
Trade fm short side with stop as indicated,
abv wud prolong consolidation n risk 1.4040/45...
Rate: +1.3955+
Strategy: +Target met+
Position: Short at 1.3995
Objective: 1.3955
Stop-Loss:
Resistance: 1.4063/1.4102/1.4145
Support: 1.3914/1.3853/1.3806
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Update Time: 11 Jun 2009 12:16GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6415
Present anticipated retreat fm 1.6493 suggests
an intra-day top has possibly been made, however, a
firm breach of 1.6406 is needed to confirm n yield
stronger retrace. of recent upmove to 1.6345/50.
Wud be prudent to exit short n look to sell
again on recovery as said top is expected to remain
intact n yield another decline...
Rate: 1.6415
Strategy: Exit short
Position: Short at 1.6448
Objective:
Stop-Loss:
Resistance: 1.6493/1.6545/1.6581
Support: 1.6406/1.6345/1.6291
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Update Time: 11 Jun 2009 12:12GMT
INTRA-DAY USD/JPY OUTLOOK - 98.38
Despite current anticipated rebound, dlr needs
to penetrate res at 98.45 to confirm y'day's rise
fm 97.08 low has resumed n extend gain to 98.70/73,
then re-test of 98.90, otherwise, choppy trading
wud continue.
Exit long n look to buy again on pullback as
97.90/95 wud limit downside...
Rate: 98.38
Strategy: Exit long
Position: Long at 98.07
Objective:
Stop-Loss:
Resistance: 98.45/98.90/99.22
Support: 98.10/97.50/97.08
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Update Time: 11 Jun 2009 08:35GMT
DAILY EUR/GBP OUTLOOK - +0.8525+
As euro has fallen after meeting renewed selling
y'day at 0.8635, suggesting downtrend fm '08 record
high at 0.9805 wud extend to 0.8525 n then 0.8500,
however, 'loss of momentum' shud keep price abv
0.8460/70 n yield much-needed correction later.
Trade fm short side, stop at break-even n only
abv 0.8576/85 signals temp. low is made, 0.8632/35.
Rate: +0.8525+
Strategy: +Target met+
Position: Short at 0.8580
Objective: 0.8525
Stop-Loss:
Resistance: 0.8576/0.8635/0.8672
Support: 0.8522/0.8500/0.8422
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