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: 24 Jul 2009 11:40GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8663+
Euro's strg rebound fm 0.8573 suggests a temp.
low has been formed there n correction of nr term
decline fm 0.8692 (this wk's high) to 0.8649 is
seen, abv wud extend to 0.8660 but 0.8692 shud hold
on 1st testing n bring retreat.
Buy on dips with stop as indicated, below wud
signal pullback is over, 0.8573 again...
Rate: +0.8663+
Strategy: +Target met+
Position: Long at 0.8633
Objective: +0.8663+
Stop-Loss:
Resistance: 0.8649/0.8660/0.8699
Support: 0.8600/0.8573/0.8553
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Update Time: 24 Jul 2009 08:30GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6475+
As cable has retreated after meeting selling at
1.6542 due to cross trading in sterling, further
consolidation below y'day's high at 1.6587 is seen
n below 1.6455/67 wud bring another corrective fall
twd prev. sup at 1.6435.
Trade fm short side, stop now as indicated, abv
risks 1.6560/65 but 1.6587 wud hold on 1st testing.
Rate: +1.6475+
Strategy: +Target met+
Position: Short at 1.6520
Objective: 1.6475
Stop-Loss:
Resistance: 1.6542/1.6587/1.6622
Support: 1.6435/1.6311/1.6266
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Update Time: 24 Jul 2009 08:33GMT
INTRA-DAY USD/JPY OUTLOOK - 94.95
Although dlr's anticipated rebound after finding
renewed buying at 94.59 (Asia) suggests retreat fm
y'day's 95.30 high has ended, abv 95.17 needed to
signal corrective rise fm 91.73 has resumed, extend
to 95.40/50, otherwise, choppy trading is likely.
Exit intra-day long n look to buy again on dips
as only below 94.59 wud risk retrace. to 94.30/35.
Rate: 94.95
Strategy: Exit long
Position: Long at 94.65
Objective:
Stop-Loss:
Resistance: 95.17/95.30/95.70
Support: 94.59/93.88/93.45
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