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: 03 Aug 2009 16:07GMT
DAILY GBP/JPY CROSS OUTLOOK - +161.60+
Stg's breach of 159.58 signals recent upmove has
resumed n further gain to 161.50/60 is seen but
o/bot condition shud cap upside to 162.58.
Trade fm long side with stop as indicated, below
wud risk pullback to 158.94 b4 up...
Rate: +161.60+
Strategy: +Target met+
Position: Long at 160.40
Objective: 161.60
Stop-Loss:
Resistance: 162.58/164.28/165.36
Support: 158.94/158.15/156.93
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Update Time: 03 Aug 2009 14:40GMT
WEEKLY EUR/YEN CROSS OUTLOOK - +136.00+
As euro's rebound fm 132.80 to 135.60 last week
signals correction fm 136.11 has ended, upside bias
is seen for a re-test of said res after consolida-
tion, break wud signal upmove fm 127.00 has resumed
n extend gain twd 136.90 n then 138.20/30 but daily
chart res at 139.26 shud hold on 1st testing.
Trade fm long side with stop as indicated n only
breach of 132.80 suggests temp. top has been made
n risks retracement twd 131.60.
Rate: +136.00+
Strategy: +Target met+
Position: Long at 133.30
Objective: 136.00
Stop-Loss:
Resistance: 136.11/136.90/139.26
Support: 133.98/132.80/131.60
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Update Time: 03 Aug 2009 14:17GMT
DAILY USD/CHF OUTLOOK - +1.0600+
Dlr's intra-day broad-based selloff vs European
ccy signals MT decline has resumed n re-test of sup
at 1.0592 is envisaged, below wud extend weakness
to 1.0500/05, then twd 1.0451 later this week.
Hold short for 1.0600 obj. 1st with stop now as
indicated n only abv 1.0733 confirms temp. low is
made, risks stronger recovery twd 1.0799 b4 down.
Rate: +1.0600+
Strategy: +Target met+
Position: Short at 1.0705
Objective: 1.0600
Stop-Loss:
Resistance: 1.0733/1.0799/1.0837
Support: 1.0592/1.0500/1.0451
****************************************************
Update Time: 03 Aug 2009 14:15GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4380+
Although euro has retreated after marginal rise
to 1.4355 n sideways trading wud be seen, pullback
wud be ltd n as long as 1.4275/80 holds, recent
upmove shud resume for re-test of said res, abv wud
extend gain to 1.4393 later.
Buy again on dips with stop as indicated, break
wud risk stronger retrace. to 1.4230/40...
Rate: +1.4380+
Strategy: +Target met+
Position: +Long at 1.4340+
Objective: +1.4380+
Stop-Loss:
Resistance: 1.4355/1.4393/1.4430
Support: 1.4261/1.4206/1.4146
****************************************************
Update Time: 03 Aug 2009 14:16GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6900+
Although cable has retreated after intra-day
rally to 1.6880 n sideways trading wud be seen,
pullback shud be ltd to 1.6780/90 n yield rebound
but abv said res is needed to confirm MT uptrend
has once again resumed n extend gain to 1.6925.
Buy on dips with stop as indicated, break wud
signal a temp. top made n risk 1.6745 (prev. res).
Rate: +1.6900+
Strategy: +Target met+
Position: +Long at 1.6860+
Objective: +1.6900+
Stop-Loss:
Resistance: 1.6880/1.6925/1.6942
Support: 1.6780/1.6745/1.6696
INTRA-DAY EUR/JPY OUTLOOK - +136.05+
Update Time: 03 Aug 2009 13:05GMT
INTRA-DAY EUR/JPY OUTLOOK - +136.05+
Euro's breach of 135.60 (Friday's high) suggests
the erratic upmove fm 132.80 has resumed n upside
bias remains for gain to 135.98, however, reckon
136.11 wud hold on 1st testing n risk has increased
for a retreat due to nr term o/bot condition.
Buy on dips with stop as indicated, break wud
defer n risk pullback to 135.04 b4 up...
Rate: +136.05+
Strategy: +Target met+
Position: +Long at 135.65+
Objective: +136.05+
Stop-Loss:
Resistance: 136.11/136.90/137.92
Support: 135.04/134.58/134.30
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Update Time: 03 Aug 2009 11:48GMT
1INTRA-DAY USD/CHF OUTLOOK - +1.0640+
Present anticipated retreat after meeting renew
ed selling at 1.0733 suggests recovery fm 1.0659
has possibly there n consolidation with downside
bias wud be seen, below said sup wud confirm recent
fall has resumed n extend weakness twds 1.0622 sup.
Sell again on pullback with stop as indicated,
break wud prolong choppy trading n risk 1.0733...
Rate: +1.0640+
Strategy: +Target met+
Position: +Short at 1.0680+
Objective: 1.0640
Stop-Loss:
Resistance: 1.0733/1.0779/1.0837
Support: 1.0622/1.0592/1.0550
****************************************************
Update Time: 03 Aug 2009 11:09GMT
DAILY NZD/USD OUTLOOK - 0.6660
Lack of strg follow through buying abv 0.6665 n
subsequent retreat suggest risk is for a pullback
to 0.6610/20 n possibly 0.6580 but 0.6550 wud hold.
Exit long at 0.6600 n stand aside as abv 0.6680
is needed to extend recent upmove to 0.6750...
Rate: 0.6660
Strategy: Exit long
Position: Long at 0.6600
Objective:
Stop-Loss:
Resistance: 0.6680/0.6750/0.6824
Support: 0.6580/0.6529/0.6477
****************************************************
Update Time: 03 Aug 2009 09:23GMT
DAILY EUR/USD OUTLOOK - +1.4315+
Intra-day rally to 1.4310 suggests MT erratic
rise fm 1.2457 has possibly resumed n abv said res
wud bring re-test of 09' high at 1.4339, break wud
confirm this view n yield further headway twd proj.
upside target at 1.4475 later this week.
Hold long n only below 1.4146 wud 'prolong' con-
solidation, risk stronger retracement twd 1.4086.
Rate: +1.4315+
Strategy: +Target met+
Position: Long at 1.4235
Objective: +1.4315+
Stop-Loss:
Resistance: 1.4339/1.4393/1.4475
Support: 1.4195/1.4146/1.4086
****************************************************
Update Time: 03 Aug 2009 09:21GMT
1INTRA-DAY USD/CHF OUTLOOK - +1.0672+
Dlr's retreat after meeting renewed selling at
1.0733 suggests recovery fm 1.0659 has possibly
ended there n consolidation with downside bias is
seen but break of said sup needed to confirm recent
fall has resumed for re-test of 1.0622/33 sup area.
Hold short for this move n only abv 1.0733 wud
abort daily bearishness on dlr.
Rate: +1.0672+
Strategy: +Target met+
Position: Short at 1.0712
Objective: 1.0672
Stop-Loss:
Resistance: 1.0733/1.0779/1.0837
Support: 1.0659/1.0622/1.0592
****************************************************
Update Time: 03 Aug 2009 08:38GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4255+
Present rebound after finding renewed buying
at 1.4206 suggests pullback fm 1.4310 (Aust.) has
possibly ended there n consolidation with upside
bias wud be be seen, however, abv 1.4280 needed to
confirm n yield re-test of said res.
Trade fm long side with stop as indicated,
break wud risk stronger retrace. to 1.4175/80...
Rate: +1.4255+
Strategy: +Target met+
Position: Long at 1.4215
Objective: 1.4255
Stop-Loss:
Resistance: 1.4280/1.4310/1.4339
Support: 1.4206/1.4146/1.4086
****************************************************
Update Time: 03 Aug 2009 08:29GMT
DAILY GBP/USD OUTLOOK - +1.6810+
Although cable has retreated after rising to a
fresh 09' high of 1.6780 today, reckon 1.6680/85
wud contain weakness n bring resumption of recent
upmove twd 1.6831 but near term loss of momentum
shud prevent strg gain n 1.6880/90 wud hold.
Raise long entry for this move, stop as indicat-
ed n only below 1.6587 wud confirm top is made.
Rate: +1.6810+
Strategy: +Target met+
Position: +Long at 1.6705+
Objective: 1.6810
Stop-Loss:
Resistance: 1.6831/1.6942/1.7000
Support: 1.6684/1.6626/1.6587
****************************************************
Update Time: 03 Aug 2009 08:03GMT
INTRA-DAY EUR/JPY OUTLOOK - 135.25
Although euro's anticipated firmness suggests a
rise twd 135.44 is likely, only a breach of 135.60
(Friday's high) wud confirm upmove fm 132.80 has
resumed n extend gain twd 133.95/00 b4 prospect of
a retreat due to near term loss of momentum.
Wud be prudent to exit long n stand side. Below
134.80/90 wud prolong choppy trading, 134.58...
Rate: 135.25
Strategy: Exit long
Position: Long at 134.80
Objective:
Stop-Loss:
Resistance: 135.44/135.60/135.98
Support: 134.58/134.30/133.98
****************************************************
Update Time: 03 Aug 2009 08:02GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8485+
Euro's weakness after penetrating last week's
0.8503 low signals erratic decline fm 0.8699 has
resumed n further fall to indicated obj. is seen,
however, nr term loss of momentum shud limit down-
side n reckon 0.8465/75 wud hold.
Trade fm short side with stop now as suggested,
break wud risk stronger recovery twd 0.8535 b4 down
Rate: +0.8485+
Strategy: +Target met+
Position: Short at 0.8515
Objective: 0.8485
Stop-Loss:
Resistance: 0.8510/0.8535/0.8554
Support: 0.8488/0.8437/0.8400
****************************************************
Update Time: 03 Aug 2009 00:24GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4260+
Although euro has penetrated Friday's NY high at
1.4280 ahead of Tokyo opening, as long as last wk's
high at 1.4305 holds, another pullback to 1.4260 is
likely but reckon minor sup at 1.4240/45 wud remain
intact n yield resumption of upmove later today.
For st trade, venture selling with stop as indi-
cated, abv may risk re-test of 09' top at 1.4339.
Rate: +1.4260+
Strategy: +Target met+
Position: +Short at 1.4300+
Objective: 1.4260
Stop-Loss:
Resistance: 1.4305/1.4339/1.4385
Support: 1.4243/1.4195/1.4146
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