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: 05 Oct 2009 00:10GMT
INTRA-DAY GBP/USD OUTLOOK - +1.5970+
Friday's rally fm 1.5805 to 1.5955 in NY session
confirms nr term erratic fall fm 1.6127 has made a
low n abv 1.5955 wud extend gain to 1.5970 n possi-
bly twd 1.6000 but broad outlook is 'consolidative'
, o/bot condition wud cap price below 1.6025 today.
Buy at market, stop as indicated n break risks
stronger pullback to 1.5880 but 1.5859 wud hold...
Rate: +1.5970+
Strategy: +Target met+
Position: +Long at 1.5935+
Objective: 1.5970
Stop-Loss:
Resistance: 1.5955/1.5970/1.6025
Support: 1.5906/1.5859/1.5805
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Update Time: 02 Oct 2009 14:39GMT
EUROPEAN CLOSING GBP/USD OUTLOOK - +1.5935+
Present anticipated rebound suggests erratic
fall fm 1.6127 has formed a temp. low there n conso
lidation with upside bias wud be seen for gain twds
1.5948, however, reckon 1.5970 shud cap upside due
to nr term o/bot condition n yield retreat later.
Hold long with stop as indicated, break wud
risk stronger pullback to 1.5850...
Rate: +1.5935+
Strategy: +Target met+
Position: Long at 1.5890
Objective: 1.5935
Stop-Loss:
Resistance: 1.5948/1.5970/1.6000
Support: 1.5805/1.5770/1.5700
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Update Time: 02 Oct 2009 14:38GMT
EUROPEAN CLOSING EUR/USD OUTLOOK - 1.4646
Despite euro's brief drop to 1.4480 after the
release of weaker-than-expected U.S. job reports,
subsequent 'strg' rebound confirms erratic fall fm
1.4845 has formed a temp. low there n consolidation
with upside bias remains for gain twds 1.4675/80.
Wud be prudent to take profit on present rise
n look to buy again on dips as 1.4564 wud hold....
Rate: 1.4646
Strategy: Exit long
Position: Long at 1.4615
Objective:
Stop-Loss:
Resistance: 1.4650/1.4675/1.4725
Support: 1.4564/1.4521/1.4480
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Update Time: 02 Oct 2009 13:50GMT
INTRA-DAY GBP/USD OUTLOOK - 1.5910
Despite cable's brief drop to 1.5805 after
the release of weaker-than-expected U.S. jobs
subsequent rebound suggests further choppy trading
abv 1.5770 low wud be seen n a bounce to +1.5920+
is seen, however, 1.5948 wud cap upside.
Wud be prudent to exit long n look to buy again
on dips as 1.5805 is expected to remain intact...
Rate: 1.5910
Strategy: Exit long
Position: Long at 1.5868
Objective:
Stop-Loss:
Resistance: 1.5948/1.5970/1.6000
Support: 1.5805/1.5770/1.5700
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Update Time: 02 Oct 2009 13:48GMT
INTRA-DAY USD/CHF OUTLOOK - 1.0348
Despite dlr's brief rise to 1.0437, subsequent
retreat suggests further choppy trading below 1.04
53 wud continue, consolidation with mild downside
bias wud be seen n below 1.0385 wud bring a retrace
ment of erratic rise fm 1.0170 to 1.0339 sup.
Wud be prudent to exit short n look to sell on
recovery as 1.0437 wud remain intact...
Rate: 1.0348
Strategy: Exit short
Position: Short at 1.0382
Objective:
Stop-Loss:
Resistance: 1.0453/1.0489/1.0529
Support: 1.0339/1.0282/1.0244
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Update Time: 02 Oct 2009 05:53GMT
INTRA-DAY GBP/USD OUTLOOK - +1.5940+
Despite cable's initial weakness to 1.5882 at
Tokyo opening, subsequent rebound suggests nr term
decline fm 1.6127 has made a temp. low there n con-
solidation with mild upside bias is seen for a reco
very to 1.5940 but 1.5970 shud cap present gain.
Raise long entry for 1.5940 with stop below said
sup, break may risk 1.5860/70 b4 rebound.
Rate: +1.5940+
Strategy: +Target met+
Position: +Long at 1.5900+
Objective: 1.5940
Stop-Loss:
Resistance: 1.5970/1.6000/1.6025
Support: 1.5874/1.5824/1.5770
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Update Time: 02 Oct 2009 00:11GMT
INTRA-DAY USD/JPY OUTLOOK - +89.40+
As dlr has remained under pressure after staging
a recovery fm 89.41 to 89.82 in NY session, suggest
ing consolidation with downside bias is seen for
y'day's cross-inspired fall to re-test 89.35, below
wud yield further fall to 89.00.
Hold short for this move n only abv 89.82 wud
risk stronger gain to 90.00/05.
Rate: +89.40+
Strategy: +Target met+
Position: Short at 89.80
Objective: 89.40
Stop-Loss:
Resistance: 90.18/90.42/90.84
Support: 89.35/89.15/88.23
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