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: 09 Oct 2009 00:29GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6029
Despite cable's brief rise to 1.6121, subsequent
retreat after faltering below 1.6127 res suggests
nr term rise fm 1.5858 has possibly formed a top
there n consolidation with downside bias is seen
for weakness to 1.6013 n then 1.5973.
Wud be prudent to exit short on current fall n
look to sell again on recovery as 1.6127 wud hold..
Rate: 1.6029
Strategy: Exit short
Position: Short at 1.6067
Objective:
Stop-Loss:
Resistance: 1.6127/1.6169/1.6210
Support: 1.6013/1.5973/1.5932
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Update Time: 08 Oct 2009 15:26GMT
DEC T-BOND FUTURES DAILY OUTLOOK - +123.00+
T-bond's rebound fm 121.23 has retained our bull
ishness for re-test of last wk's 123.25 top but abv
is needed to confirm MT upmove has resumed, 124.15.
Trade fm long side with stop at break-even n
only below 121.23 wud risk correction twd 120.00...
Rate: +123.00+
Strategy: +Target met+
Position: Long at 122.00
Objective: 123.00
Stop-Loss:
Resistance: 123.25/124.15/125.15
Support: 122.14/121.23/120.13
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Update Time: 08 Oct 2009 12:56GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4785+
Despite intra-day retreat fm 1.4788, as renewed
buying around 1.4748 has lifted euro, retaining up-
side bias for upmove fm last week's low at 1.4480
to resume n abv said res wud extend gain to 1.4803
but '09 top at 1.4845 shud hold on 1st testing.
Trade fm long side with stop now as indicated n
only below 1.4737 risks stronger retrace. to 1.4700
Rate: +1.4785+
Strategy: +Target met+
Position: Long at 1.4750
Objective: 1.4785
Stop-Loss:
Resistance: 1.4788/1.4803/1.4845
Support: 1.4737/1.4694/1.4650
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Update Time: 08 Oct 2009 10:27GMT
INTRA-DAY USD/JPY OUTLOOK - +88.55+
Although price has remained under pressure in
line with the greenback's broad-based weakness, as
long as y'day's low at 88.01 holds, mild upside
bias remains for a rebound n abv 88.72 (Aust.) wud
encourage for gain to 88.90/00.
Trade fm long side with stop as indicated, below
wud risk one more fall to 87.70/75.
Rate: +88.55+
Strategy: +Target met+
Position: Long at 88.21
Objective: 88.55
Stop-Loss:
Resistance: 88.72/89.07/89.40
Support: 88.01/87.75/87.10
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Update Time: 08 Oct 2009 07:15GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0260+
As dlr has fallen after meeting renewed selling
around 1.0298/00, suggesting decline fm y'day's
high at 1.0360 wud extend to 1.0255/60 n then re-
test of prev. sup at 1.0237, however, near term
loss of momentum has increased risk of a rebound.
Trade fm short side with stop now as indicated,
abv wud yield gain to 1.0320/30.
Rate: +1.0260+
Strategy: +Target met+
Position: Short at 1.0295
Objective: 1.0260
Stop-Loss:
Resistance: 1.0298/1.0326/1.0360
Support: 1.0237/1.0170/1.0140
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Update Time: 08 Oct 2009 06:59GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6020+
Although 1.6013 has capped cable's rally in Asia
, y'day's strg bounce fm 1.5858 suggests choppy con
solidation with upside bias remains for gain twd
1.6025, o/bot condition shud cap price below res at
1.6049 n risk is seen for a subsequent retreat.
Reinstate long for 1.6020 n only below 1.5932/35
confirms intra-day top is made, yields 1.5900/05.
Rate: +1.6020+
Strategy: +Target met+
Position: +Long at 1.5980+
Objective: 1.6020
Stop-Loss:
Resistance: 1.6049/1.6127/1.6169
Support: 1.5973/1.5932/1.5858
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Update 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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