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: 06 Jul 2009 16:02GMT
INTRA-DAY EUR/CHF OUTLOOK - 1.5158
Although euro has remained under pressure after
the breach of 1.5176 (Friday's low), lack of strg
follow through selling suggests risk is for a pull-
back to 1.5185/90, however, reckon 1.5209 wud cap
upside n bring another fall later.
Exit short n stand aside for now as below 1.5149
(prev. res, now sup) is needed to extend to 1.5127.
Rate: 1.5158
Strategy: Exit short
Position: Short at 1.5188
Objective:
Stop-Loss:
Resistance: 1.5209/1.5250/1.5282
Support: 1.5149/1.5127/1.5078
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Update Time: 06 Jul 2009 10:53GMT
DAILY EUR/USD OUTLOOK - +1.3890+
Euro's selloff fm 1.4202 signals recent erratic
rise fm 1.3748 has ended last week n further weak-
ness twd 1.3888 is seen but loss of momentum shud
limit downside to 1.3850/60 n sup area at 1.3826/28
shud remain intact, yield rebound later.
Hold short, stop now as indicated n only abv
1.4028 suggests temp. low is made n risks 1.4060/70
Rate: +1.3890+
Strategy: +Target met+
Position: Short at 1.3980
Objective: 1.3890
Stop-Loss:
Resistance: 1.3952/1.3999/1.4028
Support: 1.3888/1.3826/1.3748
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Update Time: 06 Jul 2009 08:28GMT
SPOT GOLD DAILY OUTLOOK - +924.00+
Despite the brief rebound fm 926.90, subsequent
retreat after meeting renewed selling at 934.10 on
Friday suggests recovery has possibly ended n conso
lidation inside 913.20-948.10 broad range is seen
with downside bias for weakness to 923.80, however,
below is needed to extend to 920.00 later.
Trade fm short side with stop now as indicated n
only abv 934.10 wud prolong choppy trading, risk
gain twd 941.40 b4 down...
Rate: +924.00+
Strategy: +Target met+
Position: Short at 934.00
Objective: 924.00
Stop-Loss:
Resistance: 931.50/934.10/941.40
Support: 923.80/916.10/913.20
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