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: 18 Nov 2009 01:29GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6800
Despite cable's anticipated retreat after meet-
ing renewed selling at 1.6835 (Aust.), a breach of
1.6755 is needed to confirm the corrective decline
fm this week's high at 1.6879 has resumed n extend
to 1.6720/30.
Exit intra-day short n look to sell again on
recovery as only abv 1.6835 risks gain to 1.6855/60
Rate: 1.6800
Strategy: Exit short
Position: Short at 1.6830
Objective:
Stop-Loss:
Resistance: 1.6835/1.6879/1.6918
Support: 1.6755/1.6670/1.6625
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Update Time: 17 Nov 2009 15:37GMT
EUROPEAN CLOSING AUD/USD OUTLOOK - +0.9262+
Aud's retreat after meeting renewed selling at
0.9308 suggests recovery fm 0.9250 has ended there
n downside bias remains for deline fm y'day's 09'
high of 0.9407 to retrace recent upmove to resume
for re-test of said sup, then twd 0.9210/20.
Trade fm short side with stop as indicated, abv
wud defer daily bearishness n may risk 0.9347...
Rate: +0.9262+
Strategy: +Target met+
Position: Short at 0.9302
Objective: 0.9262
Stop-Loss:
Resistance: 0.9308/0.9347/0.9378
Support: 0.9250/0.9210/0.9182
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Update Time: 17 Nov 2009 12:15GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4870+
Euro's intra-day strg retreat after faltering
below y'day's high of 1.5017 suggests further
choppy trading inside the established range of 1.48
21-1.5049 wud be seen with downside bias n weakness
to 1.4880 sup is likely, however, 1.4850 shud hold.
Sell on recovery with stop as indicated, break
wud bring gain to 1.4974 but 1.5017 wud hold...
Rate: +1.4870+
Strategy: +Target met+
Position: +Short at 1.4910+
Objective: +1.4870+
Stop-Loss:
Resistance: 1.4934/1.4974/1.5017
Support: 1.4821/1.4774/1.4734
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