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 $25 USDUpdate Time: 14 Oct 2009 15:01GMT
WEEKLY AUD/USD OUTLOOK - 0.9133
Although aussie has risen in tandem with euro
to another fresh high for '09 at 0.9158 n abv this
res wud extend gain twd 0.9200, 'loss of momentum'
shud limit upside to 0.9260/70 n risk has increased
for a minor correction to take place b4 prospect of
another upmove later.
Wud be prudent to exit previous long n look to
buy A$ again on pullback as only below 0.8983 wud
signal temp. top is made, bring retrace. twd 0.8860
Rate: 0.9133
Strategy: Exit long
Position: Long at 0.8985
Objective:
Stop-Loss:
Resistance: 0.9158/0.9272/0.9327
Support: 0.9032/0.8983/0.8860
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Update Time: 14 Oct 2009 12:31GMT
INTRA-DAY EUR/JPY OUTLOOK - +133.75+
As euro has penetrated y'day's high at 133.52,
suggesting upmove fm 129.02 wud extend twd 133.80/
90, however, anticipated o/bot condition shud pre-
vent sharp move beyond 134.29 n risk has increased
for a correction later.
Buy on dips with stop as indicated, below wud
risk pullback to 132.80/90 n possibly 132.54.
Rate: +133.75+
Strategy: +Target met+
Position: +Long at 133.35+
Objective: 133.75
Stop-Loss:
Resistance: 133.85/134.29/135.02
Support: 132.96/132.54/132.25
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Update Time: 14 Oct 2009 08:56GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6000
Despite intra-day anticipated breach of 1.5995
following the release of stronger-than-expected UK
jobs data, o/bot condition shud limit upside to
1.6020/30 n risk has increased for a minor correct-
ion to take place later.
Exit long n look to buy again as only below sup
at 1.5934 wud signal top is possibly made.
Rate: 1.6000
Strategy: Exit long
Position: Long at 1.5964
Objective:
Stop-Loss:
Resistance: 1.6063/1.6103/1.6127
Support: 1.5966/1.5934/1.5902
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Update Time: 14 Oct 2009 04:30GMT
INTRA-DAY GBP/USD OUTLOOK - 1.5958
As cable has risen after finding renewed buying
at 1.5902, suggesting the rally fm y'day's 4-1/2
month low of 1.5708 to retrace recent decline has
resumed n further gain to 1.5963 is likely, however
nr term loss of momentum shud cap price at 1.6000.
Wud be prudent to exit long n look to buy cable
again on dips as 1.5902 shud contain pullback...
Rate: 1.5958
Strategy: Exit long
Position: Long at 1.5920
Objective:
Stop-Loss:
Resistance: 1.5963/1.6007/1.6063
Support: 1.5902/1.5844/1.5807
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Update Time: 13 Oct 2009 11:06GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4860+
Euro's rally abv 1.4804/14 (now sup) signals
upmove has resumed n re-test of this year's top at
1.4845 is seen, abv there wud bring further headway
twd 1.4870/80 b4 prospect of a retreat due to anti-
cipated o/bot condition.
Buy on dips with stop as indicated, below wud
abort n risk pullback twd 1.4762 sup.
Rate: +1.4860+
Strategy: +Target met+
Position: +Long at 1.4825+
Objective: +1.4860+
Stop-Loss:
Resistance: 1.4883/1.4910/1.4953
Support: 1.4804/1.4762/1.4743
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Update Time: 13 Oct 2009 10:50GMT
INTRA-DAY USD/CHF OUTLOOK - 1.0226
Despite dlr's anticipated breach of 1.0230/33
sup area, 'loss of momentum' is likely to prevent
steep fall below 1.0200 n reckon last month's low
at 1.0170 wud hold on 1st testing, yield corrective
bounce later.
Wud be prudent to exit short n look to sell
again on recovery as 1.0278 shud cap upside.
Rate: 1.0226
Strategy: Exit short
Position: Short at 1.0256
Objective:
Stop-Loss:
Resistance: 1.0252/1.0278/1.0306
Support: 1.0170/1.0140/1.0100
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Update Time: 13 Oct 2009 10:17GMT
INTRA-DAY USD/JPY OUTLOOK - +89.65+
Despite intra-day bounce fm 89.62 to 90.19,
subsequent retreat suggests further consolidation
below y'day's temp. top at 90.47 wud be seen with
downside bias n breach of said sup wud bring cor-
rection of the upmove fm 88.01 to 89.20/30.
Sell again with stop as indicated, abv defers n
may risk re-test of 90.47.
Rate: +89.65+
Strategy: +Target met+
Position: +Short at 89.98+
Objective: 89.65
Stop-Loss:
Resistance: 90.19/90.47/90.82
Support: 89.62/89.30/88.65
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Update Time: 13 Oct 2009 08:28GMT
SPOT GOLD DAILY OUTLOOK - +1063.00+
Gold's rebound fm 1046.30 to 1057.60 yesterday
suggests the correction fm last week's record high
of 1060.00 has ended earlier at 1042.90 n upside
bias is seen for LT uptrend to resume after conso-
lidation, abv said res wud extend gain twd 1065.00
but near term anticipated 'loss of momentum' shud
cap price at 1070.00 n yield retreat later.
Trade fm long side with stop as indicated, break
defers but 1042.90 sup shud hold on 1st testing.
Rate: +1063.00+
Strategy: +Target met+
Position: Long at 1053.00
Objective: 1063.00
Stop-Loss:
Resistance: 1070.00/1077.20/1080.00
Support: 1050.40/1046.30/1042.90
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