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: 23 Sep 2009 18:26GMT
INTRA-DAY USD/CHF OUTLOOK - 1.0212
Failure to penetrate 1.0170 (Aust.) n subsequent
rebound fm 1.0192 suggest MT downtrend is not ready
to resume n risk is for gain to 1.0245/50, however,
only abv 1.0275 wud signal a temp. low is made n
bring stronger retrace. to 1.0313.
Exit short n stand aside for now as below 1.0192
is needed to yield re-test of said sup...
Rate: 1.0212
Strategy: Exit short
Position: Short at 1.0220
Objective:
Stop-Loss:
Resistance: 1.0275/1.0313/1.0390
Support: 1.0170/1.0140/1.0057
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Update Time: 23 Sep 2009 18:23GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6465+
As cable has risen on the back of dlr's broad-
based weakness after the release of the FOMC state-
ment, re-test of intra-day high at 1.6456 is seen
n abv wud extend upmove fm 1.6134 to 1.6470/80 n
possibly 1.6500 b4 retreat.
Buy at market with stop as indicated, below
wud abort n risk pullback to 1.6360/70.
Rate: +1.6465+
Strategy: +Target met+
Position: Long at 1.6425
Objective: 1.6465
Stop-Loss:
Resistance: 1.6510/1.6569/1.6631
Support: 1.6421/1.6384/1.6329
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Update Time: 23 Sep 2009 17:59GMT
INTRA-DAY USD/CHF OUTLOOK - 1.0235
Although dlr's retreat fm 1.0275 suggests the
recovery fm 1.0170 has possibly ended, below 1.0210
/15 is needed to signal downtrend has resumed n
bring a re-test of said low, otherwise, further
choppy trading is in store.
Exit short n stand aside ahead of the FOMC rate
announcement. Abv 1.0275 brings retrace. to 1.0300.
Rate: 1.0235
Strategy: Exit short
Position: Short at 1.0265
Objective:
Stop-Loss:
Resistance: 1.0275/1.0313/1.0390
Support: 1.0213/1.0170/1.0140
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Update Time: 23 Sep 2009 14:08GMT
DAILY GBP/JPY CROSS OUTLOOK - 150.17
Despite intra-day rally to 150.38, as the rise
fm 148.13 is viewed as retrace. of recent decline,
151.20 shud limit upside n yield retreat later.
Exit long at 149.67 n stand aside. Below 149.60/
70 wud bring pullback to 149.00.
Rate: 150.17
Strategy: Exit long
Position: Long at 149.67
Objective:
Stop-Loss:
Resistance: 150.38/151.20/152.01
Support: 149.62/148.57/148.13
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Update Time: 23 Sep 2009 12:04GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6455+
Despite intra-day retreat fm 1.6443, as renewed
buying around 1.6398 has lifted cable, re-test of
said res is seen n break there wud extend upmove fm
this week's low at 1.6134 to 1.6460/70 n 1.6500/10
b4 prospect of a correction.
Hold long with stop now as indicated, below wud
defer n risk stronger retrace. to 1.6370/80.
Rate: +1.6455+
Strategy: +Target met+
Position: Long at 1.6410
Objective: 1.6455
Stop-Loss:
Resistance: 1.6510/1.6569/1.6631
Support: 1.6398/1.6376/1.6329
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Update Time: 23 Sep 2009 06:56GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6360+
Cable's retreat after early brief rise to
1.6415 suggests an intra-day top has possibly been
made there n consolidation with mild downside bias
is seen for retrace. to 1.6357, however, break is
needed to confirm n yield retrace. to 1.6305/11.
Sell on recovery with stop as indicated, break
wud extend nr term rise fm 1.6134 to 1.6454...
Rate: +1.6360+
Strategy: +Target met+
Position: +Short at 1.6400+
Objective: +1.6360+
Stop-Loss:
Resistance: 1.6435/1.6454/1.6510
Support: 1.6342/1.6305/1.6258
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