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: 12 Aug 2009 03:03GMT
INTRA-DAY USD/JPY OUTLOOK - 95.56
Despite intra-day anticipated weakness due to
renewed cross buying in yen, near term loss of
momentum shud limit downside fm here to 95.20/30 n
risk has increased for a corrective bounce b4 pros-
pect of another fall later.
Exit short n look to sell again on recovery as
96.09/11 shud cap upside.
Rate: 95.56
Strategy: Exit short
Position: Short at 95.87
Objective:
Stop-Loss:
Resistance: 96.11/96.55/96.92
Support: 95.47/95.05/94.36
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Update Time: 11 Aug 2009 14:25GMT
INTRA-DAY USD/JPY OUTLOOK - +96.00+
Dlr's present weakness due to intra-day broad-
based buying in yen strongly suggests recent upmove
has formed a temp. top last Friday at 97.79 n down-
side bias remains for decline to 96.00 but o/sold
condition is likely to keep price abv 95.89.
Turn cautious seller on recovery n only abv 96.
90 aborts bearishness n signals low is in place.
Rate: +96.00+
Strategy: +Target met+
Position: +Short at 96.40+
Objective: 96.00
Stop-Loss:
Resistance: 96.90/97.22/97.50
Support: 95.89/95.48/95.05
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Update Time: 11 Aug 2009 13:52GMT
SPOT GOLD DAILY OUTLOOK - +942.60+
Although yesterday's selloff signals decline fm
last week's top at 971.30 to retrace recent upmove
remains in force n weakness to 939.80 is envisaged,
near term o/sold condition shud prevent steep fall
below 934/935 n risk fm there has increased for a
rebound to occur later.
Trade fm short side for this move as only abv
956.80 suggests aforesaid correction has possibly
ended n risks gain to 960/961...
Rate: +942.60+
Strategy: +Target met+
Position: Short at 949.60
Objective: +942.60+
Stop-Loss:
Resistance: 951.60/956.80/965.00
Support: 939.80/932.60/925.90
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Update Time: 11 Aug 2009 10:27GMT
DAILY NZD/USD OUTLOOK - +0.6700+
Kiwi's retreat fm 0.6780 suggests choppy trading
below last wk's 0.6820 top wud continue n downside
bias remains for another corrective fall to 0.6686.
Trade fm short side with stop as indicated, abv
wud abort n risk re-test of said res...
Rate: +0.6700+
Strategy: +Target met+
Position: Short at 0.6758
Objective: +0.6700+
Stop-Loss:
Resistance: 0.6780/0.6820/0.6905
Support: 0.6686/0.6647/0.6598
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Update Time: 11 Aug 2009 07:30GMT
INTRA-DAY EUR/GBP OUTLOOK - 0.8597
Despite intra-day anticipated breach of y'day's
high at 0.8599, 'loss of momentum' is expected to
limit upside to 0.8615/20 n risk has increased for
a minor correction b4 prospect of another rise.
In view of this risk, wud be prudent to exit
long n then stand aside. Below 0.8564 wud signal
temp. top is made n bring retrace. to 0.8540/45.
Rate: 0.8597
Strategy: Exit long
Position: Long at 0.8576
Objective:
Stop-Loss:
Resistance: 0.8605/0.8633/0.8654
Support: 0.8564/0.8540/0.8511
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