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: 08 Oct 2009 02:41GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4760+
Euro's intra-day rally abv y'day's high at 1.47
37 suggests nr term upmove fm 1.4480 (Friday's low)
has resumed n re-test of 1.4763 is expected, abv
wud extend to 1.4795/00 but break of 1.4803 needed
to bring gain twd 09' high of 1.4845 later today.
Hold long with stop at break-even n only below
1.4695/00 wud risk another retreat twd 1.4650.
Rate: +1.4760+
Strategy: +Target met+
Position: Long at 1.4725
Objective: 1.4760
Stop-Loss:
Resistance: 1.4763/1.4803/1.4845
Support: 1.4723/1.4694/1.4650
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Update Time: 08 Oct 2009 01:29GMT
INTRA-DAY EUR/JPY OUTLOOK - +130.45+
As 129.92 has contained y'day's retreat fm 131.
10, subsequent rebound suggests further consolida-
tion inside broad range of 129.02-131.66 wud be
seen with upside bias for gain to 130.45/50 but
said res wud hold in Asia n yield choppy trading.
Buy on dips with stop as indicated, below wud
prolong choppy trading n risk weakness to 129.58...
Rate: +130.45+
Strategy: +Target met+
Position: +Long at 130.00+
Objective: 130.45
Stop-Loss:
Resistance: 131.10/131.66/132.04
Support: 129.58/129.02/128.53
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Update Time: 08 Oct 2009 00:46GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6000+
Despite y'day's brief drop to 1.5858, subsequent
strg rebound suggests further choppy trading inside
the broad range fm 1.5770-1.6127 wud continue n
gain to 1.6000 is likely, however, 1.6049 shud cap
upside n yield selloff later.
Buy at market for such rise with stop as indicat
ed, break wud bring weakness to 1.5892...
Rate: +1.6000+
Strategy: +Target met+
Position: +Long at 1.5966+
Objective: 1.6000
Stop-Loss:
Resistance: 1.6025/1.6049/1.6127
Support: 1.5919/1.5858/1.5805
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Update Time: 07 Oct 2009 14:00GMT
DAILY EUR/JPY OUTLOOK - 130.65
Although intra-day strg rebound fm 129.58 sig-
nals the erratic decline fm 131.66 has ended, subse
quent retreat fm 131.10 suggests choppy trading
inside range of 129.02-131.66 is seen n risk is for
pullback to 129.90/00.
Wud be prudent to exit long n stand aside. Abv
131.10 wud revive bullishness for re-test of 131.66
Rate: 130.65
Strategy: Exit long
Position: Long at 129.95
Objective:
Stop-Loss:
Resistance: 131.10/131.66/132.04
Support: 129.58/129.02/128.53
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Update Time: 07 Oct 2009 11:13GMT
INTRA-DAY EUR/JPY OUTLOOK - 130.35
Euro's anticipated strg rebound suggests intra-
day low has been made at 129.58 n abv 130.45/50 wud
bring stronger retracement of near term decline fm
131.66 to 130.70/80 but reckon 131.00 wud limit up-
side fm here.
Wud be prudent to exit intra-day long n stand
aside. Only below 129.90 risks re-test of 129.58.
Rate: 130.35
Strategy: Exit long
Position: Long at 130.05
Objective:
Stop-Loss:
Resistance: 130.53/130.85/131.56
Support: 129.53/129.02/128.55
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Update Time: 07 Oct 2009 11:03GMT
INTRA-DAY USD/JPY OUTLOOK - +88.75+
Dlr's rebound after marginal weakness to 88.01
suggests an intra-day low has been formed n consoli
dation abv there is seen with upside bias for a cor
rection of recent decline, abv 88.60 (prev. sup)
wud encourage for further gain to 88.80/90.
Turn long with stop as indicated n only below
88.01 wud risk one more fall twd 87.70/80.
Rate: +88.75+
Strategy: +Target met+
Position: +Long at 88.37+
Objective: 88.75
Stop-Loss: 88.15
Resistance: 89.07/89.42/89.98
Support: 88.01/87.75/87.10
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