AceTrader 1-wk TRIAL
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Update Time: 16 Nov 2009 17:56GMT
DAILY GBP/USD OUTLOOK - +1.6810+
Cable's intra-day rebound after finding renewed
buying at 1.6670 suggests consolidation with upside
bias remains, however, breach of 1.6799 res needed
to confirm upmove fm 1.5708 has resumed n yield re-
test of last week's high of 1.6844 later.
Hold long, stop as indicated, below wud prolong
choppy trading n risk 1.6625...
Rate: +1.6810+
Strategy: +Target met+
Position: Long at 1.6710
Objective: +1.6810+
Stop-Loss:
Resistance: 1.6844/1.6881/1.7044
Support: 1.6670/1.6625/1.6574
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Update Time: 16 Nov 2009 15:13GMT
EUROPEAN CLOSING AUD/USD OUTLOOK - +0.9375+
As aud has continued to trade with a firm under-
tone after intra-day rise to 0.9355, suggesting up-
side bias remains for a re-test of last week's 09'
0.9370 high after consolidation, abv there wud sig-
nal MT uptrend has resumed, 0.9390/00 later.
Trade fm long side with stop as indicated, below
wud risk stronger pullback twd 0.9299...
Rate: +0.9375+
Strategy: +Target met+
Position: Long at 0.9335
Objective: 0.9375
Stop-Loss:
Resistance: 0.9400/0.9438/0.9476
Support: 0.9320/0.9299/0.9262
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Update Time: 16 Nov 2009 07:14GMT
INTRA-DAY EUR/USD OUTLOOK - 1.4975
Euro's firmness suggests recent upmove fm
1.4821 remains in progress n further gain twds 1.49
90/00 is likely, however, nr term o/bot condition
wud cap price at 1.5016 n bring a much-needed minor
pullback b4 prospect of another rise later.
Wud be prudent to exit long n look to buy again
on dips as 1.4934 shud contain weakness...
Rate: 1.4975
Strategy: Exit long n buy at 1.4950
Position: Long at 1.4945
Objective: 1.4990
Stop-Loss: 1.4925
Resistance: 1.5016/1.5049/1.5064
Support: 1.4934/1.4905/1.4883
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Update Time: 16 Nov 2009 17:56GMT
DAILY GBP/USD OUTLOOK - +1.6810+
Cable's intra-day rebound after finding renewed
buying at 1.6670 suggests consolidation with upside
bias remains, however, breach of 1.6799 res needed
to confirm upmove fm 1.5708 has resumed n yield re-
test of last week's high of 1.6844 later.
Hold long, stop as indicated, below wud prolong
choppy trading n risk 1.6625...
Rate: +1.6810+
Strategy: +Target met+
Position: Long at 1.6710
Objective: +1.6810+
Stop-Loss:
Resistance: 1.6844/1.6881/1.7044
Support: 1.6670/1.6625/1.6574
*************************************************
Update Time: 16 Nov 2009 15:13GMT
EUROPEAN CLOSING AUD/USD OUTLOOK - +0.9375+
As aud has continued to trade with a firm under-
tone after intra-day rise to 0.9355, suggesting up-
side bias remains for a re-test of last week's 09'
0.9370 high after consolidation, abv there wud sig-
nal MT uptrend has resumed, 0.9390/00 later.
Trade fm long side with stop as indicated, below
wud risk stronger pullback twd 0.9299...
Rate: +0.9375+
Strategy: +Target met+
Position: Long at 0.9335
Objective: 0.9375
Stop-Loss:
Resistance: 0.9400/0.9438/0.9476
Support: 0.9320/0.9299/0.9262
*************************************************
Update Time: 16 Nov 2009 07:14GMT
INTRA-DAY EUR/USD OUTLOOK - 1.4975
Euro's firmness suggests recent upmove fm
1.4821 remains in progress n further gain twds 1.49
90/00 is likely, however, nr term o/bot condition
wud cap price at 1.5016 n bring a much-needed minor
pullback b4 prospect of another rise later.
Wud be prudent to exit long n look to buy again
on dips as 1.4934 shud contain weakness...
Rate: 1.4975
Strategy: Exit long n buy at 1.4950
Position: Long at 1.4945
Objective: 1.4990
Stop-Loss: 1.4925
Resistance: 1.5016/1.5049/1.5064
Support: 1.4934/1.4905/1.4883
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