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: 10 Aug 2009 18:02GMT
DAILY AUD/USD OUTLOOK - +0.8335+
As aussie's retreat after faltering below 0.8471
signals a temp. top has been formed last week, con-
solidation with downside bias is seen for retrace.
of recent upmove twd 0.8305 but reckon 0.8241 sup
wud hold n bring rebound later.
Hold short with stop abv 0.8431 res, break wud
defer n may yield re-test of said temp. top...
Rate: +0.8335+
Strategy: +Target met+
Position: Short at 0.8425
Objective: 0.8335
Stop-Loss:
Resistance: 0.8431/0.8471/0.8511
Support: 0.8329/0.8265/0.8156
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Update Time: 10 Aug 2009 17:21GMT
DAILY EUR/USD OUTLOOK - +1.4120+
As euro has fallen after meeting renewed
selling at 1.4219, suggesting recovery fm 1.4154 is
over n decline fm last week's high of 1.4448 shud
resume n extend to 1.4120 n then 1.4080 but o/sold
condition shud keep price well abv sup at 1.4007.
Hold short with stop at break-even, abv may
bring stronger retrace. to 1.4273 b4 down...
Rate: +1.4120+
Strategy: +Target met+
Position: Short at 1.4205
Objective: 1.4120
Stop-Loss:
Resistance: 1.4219/1.4273/1.4328
Support: 1.4086/1.4007/1.3911
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Update Time: 10 Aug 2009 15:08GMT
EUROPEAN CLOSING USD/CHF OUTLOOK - +1.0860+
Dlr's rebound after finding renewed buying at
1.0800 signals upmove fm 1.0563 has resumed n fur-
ther gain to 1.0860/70 n then twds 1.0900 wud be
seen, however, loss of upward momentum shud cap
price below daily res at 1.0935 n yield retreat.
Trade fm long side with stop as indicated,
below wud risk pullback to 1.0770/80 b4 up.
Rate: +1.0860+
Strategy: +Target met+
Position: Long at 1.0819
Objective: 1.0860
Stop-Loss:
Resistance: 1.0891/1.0935/1.1026
Support: 1.0784/1.0733/1.0680
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Update Time: 10 Aug 2009 08:05GMT
DAILY GBP/USD OUTLOOK - +1.6615+
As cable has fallen after meeting renewed sell-
ing on Friday at 1.6837, suggesting recent upmove
has indeed formed a temp. top last week at 1.7044 n
downside bias remains for retrace. to 1.6587 (prev.
res) but 1.6474 shud hold due to loss of momentum.
Trade fm short side with stop as indicated, abv
risks gain to 1.6750 n 1.6790/00 b4 down.
Rate: +1.6615+
Strategy: +Target met+
Position: Short at 1.6706
Objective: 1.6615
Stop-Loss:
Resistance: 1.6650/1.6719/1.6837
Support: 1.6587/1.6558/1.6474
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Update Time: 10 Aug 2009 07:15GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6640+
Cable's anticipated retreat fm 1.6719 suggests
recovery fm last Friday's low at 1.6650 has ended n
re-test of said sup is seen but break there is
needed to confirm decline fm last week's high at
1.7044 has resumed n extend weakness to 1.6610/20.
Sell again on pullback with stop abv said res,
break wud defer n risk correction to 1.6740/50.
Rate: +1.6640+
Strategy: +Target met+
Position: +Short at 1.6680+
Objective: +1.6640+
Stop-Loss:
Resistance: 1.6719/1.6752/1.6783
Support: 1.6610/1.6587/1.6558
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Update Time: 10 Aug 2009 06:06GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6670+
As cable has retreated after meeting renewed
selling at 1.6719 (Asia), suggesting recovery fm
last Friday's low at 1.6650 has ended there n below
1.6665/70 wud bring resumption of decline fm 1.7044
for re-test of said sup n then twd 1.6600/10.
Trade fm short side with stop now as indicated,
abv defers n risks stronger retrace. to 1.6740/50.
Rate: +1.6670+
Strategy: +Target met+
Position: Short at 1.6715
Objective: 1.6670
Stop-Loss:
Resistance: 1.6719/1.6752/1.6783
Support: 1.6650/1.6610/1.6587
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