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: 01 Sep 2009 23:36GMT
WEEKLY EUR/YEN CROSS OUTLOOK - +131.65+
Last Friday's selloff fm 135.02 suggests the
recovery fm 132.17 has possibly ended earlier at
136.09 n further choppy trading below 138.72/139.26
res area wud be seen with downside bias for fall to
131.60, below wud extend to 132.17 but as broad out
look remains consolidative, reckon 130.40/45 shud
limit weakness n yield rebound later.
Sell on pullback with stop as indicated n only
abv 135.02 wud bring another rise to 136.09...
Rate: +131.65+
Strategy: +Target met+
Position: +Short at 133.40+
Objective: 131.65
Stop-Loss:
Resistance: 133.70/135.02/136.09
Support: 132.17/131.60/130.76
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Update Time: 01 Sep 2009 23:36GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6125+
Although cable has recovered after y'day's
selloff to 1.6113 n sideways trading wud be seen,
as long as 1.6184 (prev. sup) holds, recent decline
shud resume for re-test of said sup, below wud
extend weakness to 1.6090.
Sell at market with stop as indicated, break
wud risk stronger retrace. to 1.6205...
Rate: +1.6125+
Strategy: +Target met+
Position: +Short at 1.6165+
Objective: +1.6125+
Stop-Loss:
Resistance: 1.6184/1.6205/1.6267
Support: 1.6113/1.6090/1.6033
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Update Time: 01 Sep 2009 17:17GMT
DAILY USD/CHF OUTLOOK - +1.0675+
Dlr's intra-day rebound fm 1.0544 strongly sug
gests the choppy consolidation abv last week's low
at 1.0529 wud continue n upside bias remains for a
re-test of y'day's 1.0637 top, abv wud bring correc
tion of recent decline to 1.0670/80.
Hold long with stop as indicated n only below
1.0529 wud risk one more fall to 1.0470/80.
Rate: +1.0675+
Strategy: +Target met+
Position: Long at 1.0580
Objective: 1.0675
Stop-Loss:
Resistance: 1.0717/1.0782/1.0834
Support: 1.0608/1.0544/1.0529
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Update Time: 01 Sep 2009 17:20GMT
WEEKLY GBP/USD OUTLOOK - +1.6120+
Last week's breach of previous sup at 1.6275
confirms cable's MT corrective rise fm 09' low at
1.3500 has ended earlier at 1.7044 n despite form-
ing a temp. low at 1.6153, outlook remains mildly
bearish for weakness to 1.6070 but nr term loss of
momentum shud keep price abv daily sup at 1.5983.
Sell on recovery for 1.6070 n if price drops
to 1.6035 1st, venture buying for 1.6285. Only abv
1.6446 wud risk stronger retracement to 1.6590/00.
Rate: +1.6120+
Strategy: +Target met+
Position: +Short at 1.6320+
Objective: +1.6120+
Stop-Loss:
Resistance: 1.6382/1.6446/1.6625
Support: 1.6153/1.5983/1.5803
****************************************************
Update Time: 01 Sep 2009 16:23GMT
DAILY NZD/USD OUTLOOK - +0.6775+
Kiwi's retreat fm 0.6890 suggests further choppy
trading inside 0.6774-0.6898 range is seen with
downside bias for re-test of said sup.
Sell recovery with stop as indicated, break wud
confirm MT uptrend has resumed, risk gain to 0.6953
Rate: +0.6775+
Strategy: +Target met+
Position: +Short at 0.6850+
Objective: 0.6775
Stop-Loss:
Resistance: 0.6898/0.6953/0.7000
Support: 0.6793/0.6774/0.6713
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Update Time: 01 Sep 2009 16:01GMT
DAILY AUD/USD OUTLOOK - +0.8300+
Aussie's intra-day selloff to 0.8343 suggests
further consolidation below 0.8471/79 res area is
seen with downside bias n a breach of 0.8339 wud
bring correction of the upmove fm 0.8156 to 0.8280/
85, however, 0.8239 shud contain weakness.
Remain as cautious seller, stop as indicated,
abv wud abort n risk re-test of '09 top at 0.8479.
Rate: +0.8300+
Strategy: +Target met+
Position: Short at 0.8385
Objective: +0.8300+
Stop-Loss:
Resistance: 0.8413/0.8479/0.8520
Support: 0.8292/0.8239/0.8156
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Update Time: 01 Sep 2009 15:30GMT
DAILY USD/CAD OUTLOOK - +1.1020+
Usd's rebound fm 1.0872 suggests the pullback fm
1.1094 (y'day's high) has ended n gain to 1.1020/30
is seen but said res shud hold on 1st testing.
Buy on dips with stop as indicated, below risks
weakness to 1.0830 but 1.0791 shud limit downside.
Rate: +1.1020+
Strategy: +Target met+
Position: +Long at 1.0920+
Objective: 1.1020
Stop-Loss:
Resistance: 1.1126/1.1179/1.1226
Support: 1.0872/1.0830/1.0791
****************************************************
Update Time: 01 Sep 2009 15:30GMT
DAILY EUR/USD OUTLOOK - +1.4235+
Euro's intra-day selloff fm 1.4379 suggests fur-
ther consolidation below last week's high at 1.4407
is seen n despite the recovery fm 1.4286, downside
bias remains for another fall n below 1.4256 wud
bring retrace. of recent rise fm 1.4045 twd 1.4205.
Sell again on minor recovery n only abv 1.4379
wud abort n risk re-test of 1.4407.
Rate: +1.4235+
Strategy: +Target met+
Position: +Short at 1.4325+
Objective: 1.4235
Stop-Loss:
Resistance: 1.4286/1.4379/1.4407
Support: 1.4205/1.4173/1.4084
****************************************************
Update Time: 01 Sep 2009 15:32GMT
DAILY GBP/USD OUTLOOK - +1.6155+
Despite intra-day anticipated brief rise to 1.63
76, subsequent cross-inspired selloff suggests vola
tile consolidation inside nr term 1.6153-1.6382 wud
continue with downside bias n below 1.6153 wud con-
firm recent decline has resumed, 1.6080/90 later.
Trade fm short side with stop as indicated, abv
risks 1.6330/40 but 1.6379/82 res area shud hold.
Rate: +1.6155+
Strategy: +Target met+
Position: Short at 1.6255
Objective: 1.6155
Stop-Loss:
Resistance: 1.6183/1.6267/1.6330
Support: 1.6090/1.6033/1.5983
****************************************************
Update Time: 01 Sep 2009 15:16GMT
EUROPEAN CLOSING GBP/USD OUTLOOK - +1.6185+
Cable's retreat after meeting renewed selling
at 1.6267 suggests intra-day recovery fm 1.6183 has
ended n below said sup wud bring re-test of last
week's low at 1.6153 but break there is needed to
confirm recent decline has finally resumed.
Trade fm short side with stop now as indicated
n only abv 1.6267 wud risk correction to 1.6280/85.
Rate: +1.6185+
Strategy: +Target met+
Position: Short at 1.6230
Objective: 1.6185
Stop-Loss:
Resistance: 1.6267/1.6285/1.6330
Support: 1.6183/1.6153/1.6090
****************************************************
Update Time: 01 Sep 2009 15:14GMT
EUROPEAN CLOSING EUR/USD OUTLOOK - 1.4275
Despite euro's anticipated breach of 1.4286, a
break below previous sup at 1.4256 (y'day's low) is
needed to confirm decline fm last week's top at
1.4407 has resumed n extend to 1.4230/35, otherwise
, further choppy trading is in store.
Exit short n look to sell again on recovery as
1.4310/15 shud limt upside n bring another fall.
Rate: 1.4275
Strategy: Exit short
Position: Short at 1.4305
Objective:
Stop-Loss:
Resistance: 1.4345/1.4379/1.4407
Support: 1.4256/1.4220/1.4205
****************************************************
Update Time: 01 Sep 2009 09:30GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6230+
As cable has fallen after meeting renewed sell-
ing around 1.6281, suggesting intra-day decline fm
1.6376 wud extend to 1.6220/30 n possibly 1.6200
but broad outlook is consolidative n reckon 1.6184
wud hold, yield recovery later.
Trade fm short side with stop as indicated, abv
wud defer n risk rebound to 1.6310/20.
Rate: +1.6230+
Strategy: +Target met+
Position: Short at 1.6280
Objective: 1.6230
Stop-Loss:
Resistance: 1.6252/1.6285/1.6330
Support: 1.6184/1.6153/1.6090
****************************************************
Update Time: 01 Sep 2009 07:08GMT
DAILY GBP/USD OUTLOOK - +1.6350+
Although cable's intra-day anticipated rebound
fm 1.6252 confirms pullback fm 1.6382 has ended
y'day at 1.6184 n further 'choppy' trading abv last
week's temp. low at 1.6153 wud continue, abv said
res needed to bring correction twd 1.6446 later.
Hold long with stop now raised to 1.6300 n only
below 1.6252 wud yield another fall twd 1.6190/00.
Rate: +1.6350+
Strategy: +Target met+
Position: Long at 1.6255
Objective: 1.6350
Stop-Loss:
Resistance: 1.6382/1.6446/1.6493
Support: 1.6252/1.6184/1.6153
****************************************************
Update Time: 01 Sep 2009 06:02GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4365+
Intra-day rebound suggests pullback fm 1.4368
has ended at 1.4315 n consolidation with upside
bias remains for gain twd said lvl, however, break
needed to confirm correction fm 1.4407 has indeed
ended at 1.4256 y'day n yield re-test of said res.
Trade fm long side with stop now at break-even,
below 1.4315 prolongs choppy trading, risks 1.4299.
Rate: +1.4365+
Strategy: +Target met+
Position: Long at 1.4325
Objective: 1.4365
Stop-Loss:
Resistance: 1.4368/1.4389/1.4407
Support: 1.4299/1.4256/1.4205
****************************************************
Update Time: 01 Sep 2009 06:05GMT
INTRA-DAY EUR/JPY OUTLOOK - +133.80+
Euro has finally retreated after intra-day rise
to 133.75 n sideways trading is seen until European
opening, as y'day's strg bounce fm 132.16 confirms
recent decline has formed a temp. low, upside bias
remains for gain to 133.80 but 134.12 shud hold.
Trade fm long side n only below 133.12 (Aust.)
wud risk stronger retracement to 132.85/95.
Rate: +133.80+
Strategy: +Target met+
Position: Long at 133.40
Objective: 133.80
Stop-Loss:
Resistance: 133.75/133.96/134.47
Support: 133.12/132.69/132.16
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