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: 06 Oct 2009 05:07GMT
DAILY AUD/USD OUTLOOK - +0.8860+
Aussie's rally fm Friday's low at 0.8568 signals
correction fm last week's '09 top at 0.8860 has end
ed n upside bias remains for MT upmove to resume,
yield re-test of said res, then twd 0.8920/30 b4 a
correction occurs due to 'loss of momentum'.
Buy on dips with stop as indicated, break wud
'prolong' choppy trading n risk 0.8630/40...
Rate: +0.8860+
Strategy: +Target met+
Position: +Long at 0.8780+
Objective: +0.8860+
Stop-Loss:
Resistance: 0.8860/0.8947/0.8980
Support: 0.8755/0.8714/0.8633
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Update Time: 06 Oct 2009 02:48GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4710+
Euro's breach of 1.4670/75 suggests the rebound
fm last Friday's low of 1.4480 wud extend gain twds
1.4725, however, nr term o/bot condition shud pre-
vent sharp move beyond there n reckon 1.4750/60 wud
cap upside n yield retreat later.
Trade fm long side with stop as indicated, break
wud risk stronger pullback to 1.4620/25....
Rate: +1.4710+
Strategy: +Target met+
Position: Long at 1.4676
Objective: 1.4710
Stop-Loss:
Resistance: 1.4725/1.4803/1.4845
Support: 1.4648/1.4593/1.4564
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Update Time: 06 Oct 2009 01:41GMT
DAILY EUR/USD OUTLOOK - +1.4685+
Euro has rebounded after finding renewed buying
at 1.4593, suggesting upmove fm last Friday's low
of 1.4480 to retrace the fall fm this year's high
at 1.4845 wud extend gain twd 1.4700, however, res
at 1.4725 shud cap upside n yield 'choppy' trading.
Hold long with stop at break-even, below wud
risk stronger pullback twds 1.4564 b4 rebound.
Rate: +1.4685+
Strategy: +Target met+
Position: Long at 1.4605
Objective: 1.4685
Stop-Loss:
Resistance: 1.4725/1.4803/1.4845
Support: 1.4593/1.4564/1.4480
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Update Time: 06 Oct 2009 01:13GMT
INTRA-DAY USD/JPY OUTLOOK - +89.25+
Dlr's retreat after meeting renewed selling at
89.65 suggests consolidation with downside bias
remains n nr term fall fm y'day's high of 89.98 wud
extend weakness twds minor sup at 89.23, however,
reckon 89.00 wud hold fm here.
Trade fm short side with stop as indicated,
break wud signal pullback is over, 89.98 again...
Rate: +89.25+
Strategy: +Target met+
Position: Short at 89.60
Objective: 89.25
Stop-Loss:
Resistance: 89.98/90.18/90.42
Support: 89.23/88.60/88.23
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Update Time: 05 Oct 2009 18:10GMT
DAILY NZD/USD OUTLOOK - 0.7288
Kiwi's retreat fm 0.7298 suggests MT upmove is
not ready to resume n pullback to 0.7254 cannot be
ruled out but 0.7170/80 shud limit downside.
Exit long at 0.7220 n stand aside now as only
abv 0.7315 wud extend MT upmove to 0.7380...
Rate: 0.7288
Strategy: Exit long
Position: Long at 0.7220
Objective:
Stop-Loss:
Resistance: 0.7315/0.7380/0.7445
Support: 0.7254/0.7175/0.7138
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Update Time: 05 Oct 2009 17:54GMT
INTRA-DAY USD/CHF OUTLOOK - 1.0315
Although dlr has fallen again after faltering
below 1.0362 n a re-test of 1.0306 is likely, firm
break there is needed to confirm nr term fall fm
1.0453 (last wk's high) has resumed, otherwise,
pullback to 1.0359/62 cannot be ruled out.
Exit short n stand aside for now as below said
sup is needed to extend to 1.0282...
Rate: 1.0315
Strategy: Exit short
Position: Short at 1.0350
Objective:
Stop-Loss:
Resistance: 1.0362/1.0397/1.0453
Support: 1.0306/1.0282/1.0243
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Update Time: 05 Oct 2009 16:50GMT
SPOT GOLD DAILY OUTLOOK - +1013.00+
Gold's strg rebound fm 986.10 (Friday) suggests
further consolidation abv last week's 984.70 low is
seen with upside bias for re-test of 1009.40 res,
however, breach is needed to signal correction fm
1023.20 top has ended n extend gain to 1013/14 n
possibly twd 1018.70 b4 retreat.
Buy on dips with stop as indicated, break wud
risk 984.70 but only below 980/981 yields stronger
retracement of MT uptrend to 974.60...
Rate: +1013.00+
Strategy: +Target met+
Position: +Long at 1003.00+
Objective: 1013.00
Stop-Loss:
Resistance: 1015.80/1023.20/1032.00
Support: 1006.00/1003.50/ 991.50
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Update Time: 05 Oct 2009 15:43GMT
EUROPEAN CLOSING EUR/USD OUTLOOK - +1.4635+
As euro has rebounded after finding buying
interest around 1.4592, suggesting the retreat fm
1.4656 has possibly ended n abv 1.4635/40 signals
near term rise fm last week's low at 1.4480 has re-
sumed for re-test of said res n later 1.4480/85.
Hold long with stop now at break-even, below
wud defer n risk stronger pullback to 1.4570/80.
Rate: +1.4635+
Strategy: +Target met+
Position: Long at 1.4600
Objective: 1.4635
Stop-Loss:
Resistance: 1.4656/1.4675/1.4725
Support: 1.4592/1.4564/1.4526
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Update Time: 05 Oct 2009 15:41GMT
EUROPEAN CLOSING EUR/GBP OUTLOOK - +0.9195+
Although euro has eased after intra-day rebound
fm 0.9140 to 0.9183 n consolidation is in store, as
long as minor sup at 0.9160 holds, upside bias re-
mains for re-test of Friday's 0.9198 high, however,
abv wud extend rise fm 0.9078 to 0.9210/15.
Trade fm long side with stop as indicated n only
below 0.9140 wud abort n risk weakness to 0.9120/25
Rate: +0.9195+
Strategy: +Target met+
Position: Long at 0.9165
Objective: 0.9195
Stop-Loss:
Resistance: 0.9198/0.9210/0.9256
Support: 0.9140/0.9122/0.9107
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Update 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: 1.5970/1.6004/1.6025
Support: 1.5906/1.5859/1.5805
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