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: 03 Sep 2009 08:02GMT
DAILY EUR/JPY OUTLOOK - 132.00
Although euro's anticipated firmness signals a
temp. low has been made at 131.01 y'day n marginal
gain cannot be ruled out, reckon res at 132.52 wud
hold due to nr term o/bot condition n risk fm there
has increased for a retreat later.
Wud be prudent to exit long n stand aside. Below
131.01 wud extend recent decline twd 130.40/50...
Rate: 132.00
Strategy: Exit long
Position: Long at 131.40
Objective:
Stop-Loss:
Resistance: 132.52/132.83/134.15
Support: 131.01/130.43/129.35
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Update Time: 03 Sep 2009 06:10GMT
DAILY GBP/USD OUTLOOK - 1.6315
Despite y'day's brief drop to 1.6114, subsequent
strg rebound after holding abv this week's low of
1.6113 suggests consolidation with upside bias wud
be seen for gain to 1.6330/40 but breach of 1.6379/
82 res needed to bring stronger retrace. to 1.6446.
Wud be prudent to exit long n look to buy again
on dips as 1.6237 shud contain pullback...
Rate: 1.6315
Strategy: Exit long
Position: Long at 1.6240
Objective:
Stop-Loss:
Resistance: 1.6300/1.6330/1.6382
Support: 1.6237/1.6193/1.6113
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Update Time: 03 Sep 2009 03:25GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6280+
As 1.6237 has contained the pullback fm y'day's
high of 1.6300, consolidation with upside bias wud
be seen for a rebound to 1.6280/90 but breach of
1.6300 needed to signal upmove fm 1.6113 to retrace
recent decline has resumed n extend to 1.6330.
Trade fm long side with stop as indicated, break
wud defer n risk weakness to 1.6191...
Rate: +1.6280+
Strategy: +Target met+
Position: Long at 1.6240
Objective: 1.6280
Stop-Loss:
Resistance: 1.6300/1.6330/1.6382
Support: 1.6191/1.6154/1.6113
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Update Time: 03 Sep 2009 03:20GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8360+
Aussie's rebound after finding renewed buying at
0.8316 suggests consolidation with mild upside bias
is seen in Asia but a breach of 0.8373 is needed to
signal corrective fall fm 0.8471 has indeed ended
at 0.8239 y'day n bring gain to 0.8395/05.
Trade fm long side with stop below said sup as
break wud risk stronger pullback twd 0.8281...
Rate: +0.8360+
Strategy: +Target met+
Position: Long at 0.8320
Objective: 0.8360
Stop-Loss:
Resistance: 0.8373/0.8414/0.8471
Support: 0.8316/0.8281/0.8239
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