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 USD********************************************************
Update Time: 26 Aug 2009 14:00GMT
INTRA-DAY USD/JPY OUTLOOK - +94.50+
Dlr has retreated due to renewed cross buying
in yen after a brief bounce to 94.39 n sideways con
solidation is now envisaged, as long as initial sup
at 93.91 holds, mild upside bias remains but abv
94.65 is needed to yield gain twd 94.90/00 later.
Trade fm long side n only below 93.79 (y'day's
low) wud risk weakness twd 93.42.
Rate: +94.50+
Strategy: +Target met+
Position: Long at 94.10
Objective: 94.50
Stop-Loss:
Resistance: 94.39/94.65/95.07
Support: 93.79/93.42/93.09
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Update Time: 26 Aug 2009 13:30GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0680+
As dlr has maintained a firm undertone after ear
ly breach of Asian high at 1.0628 (now sup), sug-
gesting intra-day upside bias remains for erratic
rise fm 1.0553 to head twd daily upside target at
1.0685 but reckon 1.0700 wud hold on 1st testing.
Buy again for this move n only below 1.0600/03
aborts present bullishness n risks 1.0580.
Rate: +1.0680+
Strategy: +Target met+
Position: +Long at 1.0640+
Objective: 1.0680
Stop-Loss:
Resistance: 1.0656/1.0685/1.0733
Support: 1.0603/1.0580/1.0553
********************************************************
Update Time: 26 Aug 2009 13:33GMT
DAILY USD/CHF OUTLOOK - +1.0685+
Dlr's rebound fm 1.0565 after failing to pene-
trate last wk's 1.0553 low suggests choppy trading
abv there wud continue n upside bias remains for
another corrective rise to 1.0642 (y'day's high),
abv confirms low is made, 1.0685 n then 1.0720/25.
Buy on dips for this move, stop below said sup,
break may risk one more fall to 1.0500/05.
Rate: +1.0685+
Strategy: +Target met+
Position: +Long at 1.0590+
Objective: 1.0685
Stop-Loss:
Resistance: 1.0656/1.0685/1.0726
Support: 1.0603/1.0553/1.0451
********************************************************
Update Time: 26 Aug 2009 13:31GMT
DAILY AUD/USD OUTLOOK - +0.8275+
Aussie's intra-day weakness suggests price is
not ready to resume upmove n further choppy trading
below recent top at 0.8479 wud continue with down-
side bias, below 0.8300 wud extend nr term decline
fm 0.8430 to 0.8255 but sup at 0.8216 shud hold.
Trade fm short side for this move n only abv
0.8430 wud abort n risk re-test of 0.8479.
Rate: +0.8275+
Strategy: +Target met+
Position: Short at 0.8350
Objective: +0.8275+
Stop-Loss:
Resistance: 0.8388+0.8430/0.8479
Support: 0.8325/0.8270/0.8216
********************************************************
Update Time: 26 Aug 2009 11:22GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0635+
Despite dlr's brief drop to 1.0580 after the
release of stronger-than-expected German Ifo index,
subsequent rebound suggests further choppy trading
inside 1.0553-1.0642 range wud be seen with upside
bias n another bounce to 1.0628 is likely.
Hold long with stop as indicated n only below
1.0553 sup wud signal decline has resumed, 1.0510..
Rate: +1.0635+
Strategy: +Target met+
Position: Long at 1.0605
Objective: 1.0635
Stop-Loss:
Resistance: 1.0642/1.0685/1.0733
Support: 1.0565/1.0553/1.0510
********************************************************
Update Time: 26 Aug 2009 11:21GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4285+
Despite intra-day rise to 1.4354 following the
release of stronger-than-expected German Ifo data,
subsequent retreat suggests choppy trading below
1.4364/77 res area wud continue but below 1.4300/05
is needed for weakness twd Asian sup at 1.4280.
Sell at market with stop as indicated n only
abv 1.4354 wud signal upmove has resumed, 1.4377...
Rate: +1.4285+
Strategy: +Target met+
Position: +Short at 1.4315+
Objective: +1.4285+
Stop-Loss:
Resistance: 1.4354/1.4377/1.4415
Support: 1.4280/1.4252/1.4200
********************************************************
Update Time: 26 Aug 2009 10:23GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8325+
As aussie has retreated after intra-day rebound
fm 0.8331 to 0.8388, suggesting recovery has ended
n consolidation with downside bias is seen, below
said sup wud signal this week's erratic decline fm
0.8430 has resumed n extend twd 0.8300/10 later.
Sell on recovery with stop as indicated, break
wud abort bearishness n may risk re-test of 0.8430.
Rate: +0.8325+
Strategy: +Target met+
Position: +Short at 0.8365+
Objective: 0.8325
Stop-Loss:
Resistance: 0.8388/0.8430/0.8479
Support: 0.8331/0.8307/0.8270
********************************************************
Update Time: 26 Aug 2009 09:09GMT
DAILY USD/CAD OUTLOOK - 1.0893
Despite intra-day rise to 1.0917, present retreat
suggests y'day's upmove fm 1.0718 has made a temp.
top n below 1.0878 may risk 1.0830/40 b4 rebound.
Exit long as abv said res needed to bring strong-
er retracement of recent fall fm 1.1126 to 1.0944.
Rate: 1.0893
Strategy: Exit long
Position: Long at 1.0840
Objective:
Stop-Loss:
Resistance: 1.0917/1.0944/1.1002
Support: 1.0831/1.0805/1.0718
********************************************************
Update Time: 26 Aug 2009 08:12GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6305
Although cable has fallen after brief euro-led
rise to 1.6357 n below intra-day sup at 1.6298 wud
extend decline fm 1.6625 twd last week's low at
1.6275, loss of momentum shud limit downside n risk
has increased for a rebound later.
Wud be prudent to exit short n stand aside. Abv
1.6357 wud bring stronger correction to 1.6390/00.
Rate: 1.6305
Strategy: Exit short
Position: Short at 1.6345
Objective:
Stop-Loss:
Resistance: 1.6357/1.6375/1.6419
Support: 1.6292/1.6275/1.6229
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