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: 27 Aug 2009 18:29GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8830+
Despite euro's retreat fm 0.8819, as intra-day
breach of 0.8808 (y'day's high) suggests recent
upmove has once again resumed, reckon downside wud
be ltd to 0.8780/85 n bring another rise to 0.8819
n then 0.8845/50.
Hold long with stop as indicated, below wud
prolong choppy trading n risk 0.8762...
Rate: +0.8830+
Strategy: +Target met+
Position: Long at 0.8800
Objective: 0.8830
Stop-Loss:
Resistance: 0.8849/0.88670.8915
Support: 0.8762/0.8743/0.8728
*******************************************************
Update Time: 27 Aug 2009 09:21GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6190+
Although cable has recovered after brief cross-
inspired fall to 1.6190, current price action sug-
gests as long as 1.6247/50 holds, recent decline
shud resume n below said sup wud bring re-test of
y'day's low at 1.6160, then twd 1.6100/10.
Sell again on pullback with stop as indicated,
abv aborts n risks stronger retrace. to 1.6275/80.
Rate: +1.6190+
Strategy: +Target met+
Position: +Short at 1.6230+
Objective: 1.6190
Stop-Loss:
Resistance: 1.6250/1.6275/1.6357
Support: 1.6190/1.6160/1.6118
*******************************************************
Update Time: 27 Aug 2009 07:04GMT
INTRA-DAY EUR/GBP OUTLOOK+ - +0.8800+
Euro has traded with a firm undertone after
rebounding fm 0.8762 n upside bias remains for a
re-test of y'day's 0.8808 high after consolidation,
break there wud confirm recent upmove has once
again resumed n extend gain to 0.8820/30.
Hold long with stop as indicated, below wud
defer n risk correction twd prev. sup at 0.8743.
Rate: +0.8800+
Strategy: +Target met+
Position: Long at 0.8770
Objective: 0.8800
Stop-Loss:
Resistance: 0.8808/0.8817/0.8867
Support: 0.8762/0.8743/0.8728
*******************************************************
Update Time: 27 Aug 2009 07:04GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6200
Despite intra-day anticipated weakness due to
renewed cross selling in sterling, a breach of
y'day's low at 1.6160 is needed to extend recent
decline to 1.6110/20, otherwise, further choppy
trading is likely.
Wud be prudent to exit intra-day short n look to
sell again on recovery as 1.6247/50 shud cap upside
Rate: 1.6200
Strategy: Exit short
Position: Short at 1.6230
Objective:
Stop-Loss:
Resistance: 1.6250/1.6275/1.6357
Support: 1.6160/1.6118/1.6033
*******************************************************
Update Time: 27 Aug 2009 03:32GMT
INTRA-DAY EUR/JPY OUTLOOK - +133.40+
Euro's recovery after intra-day selloff to 133.
47 suggests consolidation is seen but as the breach
of 133.90 (NY) signals decline fm this week's high
at 136.09 has resumed, downside bias remains for
re-test of said sup n later twd 133.10/20.
Trade fm short side with stop as indicated, abv
risks stronger gain twd 134.47 (Australia) b4 down.
Rate: +133.40+
Strategy: +Target met+
Position: Short at 133.90
Objective: 133.40
Stop-Loss:
Resistance: 133.96/134.47/134.79
Support: 132.90/132.51/132.17
*******************************************************







