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: 12 Nov 2009 22:48GMT
DAILY AUD/USD OUTLOOK - 0.9230
Aussie's selloff after rising to a 15-month high
y'day at 0.9370 signals recent upmove has formed a
temp. top n below 0.9210 wud bring correction of MT
uptrend to 0.9160/70, however, anticipated o/sold
condition shud keep price well abv 0.9112 sup.
Wud be prudent to exit short n look to sell on
recovery as upside shud be capped below 0.9312.
Rate: 0.9230
Strategy: Exit short
Position: Short at 0.9300
Objective:
Stop-Loss:
Resistance: 0.9261/0.9312/0.9370
Support: 0.9182/0.9112/0.9076
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Update Time: 12 Nov 2009 13:25GMT
INTRA-DAY USD/JPY OUTLOOK - +90.10+
Dlr's rebound after finding renewed buying at
89.64 suggests pullback fm y'day's high of 90.04
has possibly ended n consolidation with upside bias
remains for another rise twds 90.19/26 res area,
abv wud extend to 90.40/42 later.
Trade fm long side with stop as indicated n only
below sup at 89.18 wud abort daily bullishness.
Rate: +90.10+
Strategy: +Target met+
Position: Long at 89.75
Objective: 90.10
Stop-Loss:
Resistance: 90.26/90.86/91.34
Support: 89.46/89.29/89.18
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Update Time: 12 Nov 2009 12:32GMT
INTRA-DAY EUR/JPY OUTLOOK - +134.05+
As euro has fallen after meeting renewed sell-
ing below 135.02 sup, suggesting further choppy
consolidation inside 133.20-135.76 broad range wud
continue n weakness to 134.00/05 n possibly 133.80
is seen but break needed to extend to 133.50/60.
Sell recovery with stop as indicated, break
wud risk gain to 134.70/80 but said res wud hold...
Rate: +134.05+
Strategy: +Target met+
Position: +Short at 134.35+
Objective: +134.05+
Stop-Loss:
Resistance: 134.35/135.02/135.40
Support: 133.80/133.37/133.20
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Update Time: 12 Nov 2009 12:32GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6540+
Although cable has recovered after intra-day
selloff to 1.6515, renewed selling at 1.6592 pres-
sured price again n consolidation with downside
bias is seen for pullback to 1.6525/35, however,
breach of said sup needed to extend to 1.6478.
Hold short wtih stop as indicated, break wud
signal temp. low is made n risk 1.6627...
Rate: +1.6540+
Strategy: +Target met+
Position: Short at 1.6575
Objective: +1.6540+
Stop-Loss:
Resistance: 1.6627/1.6671/1.6710
Support: 1.6515/1.6478/1.6410
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Update Time: 11 Nov 2009 11:24GMT
DAILY EUR/USD OUTLOOK - +1.5038+
As euro has rebounded after y'day's retreat to
1.4938, suggesting correction fm this week's high
at 1.5021 has ended there n abv said res wud bring
re-test of '09 top at 1.5064, however, abv needed
to extend MT uptrend to 1.5100/10.
+Wud be prudent to exit long n look to buy euro
again on dips as 1.4938 sup wud remain intact.+
Rate: +1.5038+
Strategy: +Exit long+
Position: Long at 1.4950
Objective:
Stop-Loss:
Resistance: 1.5064/1.5106/1.5156
Support: 1.5000/1.4969/1.4938
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Update Time: 11 Nov 2009 11:00GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9050+
Euro's breach of 0.9018 (y'day's high) after the
release of U.K. inflation report signals rise fm 0.
8896 to retrace recent decline has resumed n upside
bias is seen for stronger gain to 0.9050 but reckon
0.9061 res wud hold due to nr term o/bot condition.
Buy at market with stop as indicated, below wud
risk pullback twd 0.8955/65 b4 up...
Rate: +0.9050+
Strategy: +Target met+
Position: Long at 0.9019
Objective: 0.9050
Stop-Loss:
Resistance: 0.9061/0.9096/0.9135
Support: 0.9018/0.8998/0.8944
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Update Time: 11 Nov 2009 10:59GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.9040+
Although euro has retreated after y'day's rally
to 0.9018, if our view that a temp. low has been
formed earlier this week at 0.8896 is correct, mild
upside bias remains for another rise n abv said res
wud bring retrace. of recent decline to 0.9040/50.
Trade fm long side with stop as indicated, below
wud abort n may risk re-test of 0.8896.
Rate: +0.9040+
Strategy: +Target met+
Position: Long at 0.8960
Objective: 0.9040
Stop-Loss:
Resistance: 0.9061/0.9096/0.9135
Support: 0.8998/0.8937/0.8896
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Update Time: 11 Nov 2009 10:33GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8985+
Euro's rebound after holding abv 0.8944 (NY) sug
gests consolidation with mild upside wud be seen
for gain twd 0.8998, however, a break is needed to
signal retreat fm y'day's high at 0.9018 has ended
n bring re-test of said res later.
Turn long on dips n only below 0.8937 wud defer
daily bullishness n may risk 0.8920/25...
Rate: +0.8985+
Strategy: +Target met+
Position: +Long at 0.8950+
Objective: +0.8985+
Stop-Loss:
Resistance: 0.8998/0.9018/0.9053
Support: 0.8944/0.8937/0.8912
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Update Time: 11 Nov 2009 08:26GMT
INTRA-DAY AUD/USD OUTLOOK - +0.9340+
Despite aud's intra-day rise to 0.9325, subse-
quent stronger-than-expected retreat suggests caut-
ion on our long n 0.9280/85 must hold to retain
bullishness for a re-test of '09 high at 0.9330,
abv wud extend MT upmove to 0.9360/65.
Hold long with stop as indicated n only below
0.9255/65 signals temp. top has been made, 0.9238.
Rate: +0.9340+
Strategy: +Target met+
Position: Long at 0.9300
Objective: 0.9340
Stop-Loss:
Resistance: 0.9361/0.9392/0.9420
Support: 0.9255/0.9238/0.9198
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Update Time: 11 Nov 2009 07:46GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6745+
Present rebound after finding renewed buying at
1.6710 suggests pullback fm 1.6755 has possibly end
ed there n erratic upmove fm y'day's low of 1.6600
wud resume for re-test of said lvl, abv wud extend
gain to 1.6789 res later.
Buy on dips with stop as indicated, break wud
risk stronger retreat to 1.6670/71...
Rate: +1.6745+
Strategy: +Target met+
Position: +Long at 1.6715+
Objective: +1.6745+
Stop-Loss:
Resistance: 1.6755/1.6789/1.6844
Support: 1.6671/1.6648/1.6600
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