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Update Time: 12 Mar 2010 13:46GMT
DAILY AUD/JPY CROSS OUTLOOK - +83.60+
As A$ has risen after finding renewed buying abv
82.29 sup, suggesting upmove fm 76.20 has possibly
resumed n further headway to 83.90 is seen.
Hold long with stop as indicated, below wud pro-
long choppy trading n risk 82.29 again.
Rate: +83.60+
Strategy: +Target met+
Position: Long at 82.90
Objective: 83.60
Stop-Loss:
Resistance: 83.90/84.35/84.90
Support: 83.05/82.29/81.55
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Update Time: 12 Mar 2010 11:22GMT
INTRA-DAY AUD/USD OUTLOOK - +0.9190+
As aussie has risen again after finding renewed
buying around 0.9150/54, suggesting upside bias is
still seen for re-test of Wednesday's high of 0.91
93 n abv wud extend recent erratic upmove fm 0.8578
to 0.9200 but reckon 0.9224 wud cap upside.
Trade fm long side with stop as indicated, break
wud prolong choppy trading n risk 0.9111 again.
Rate: +0.9190+
Strategy: +Target met+
Position: Long at 0.9155
Objective: +0.9190+
Stop-Loss:
Resistance: 0.9193/0.9224/0.9255
Support: 0.9140/0.9111/0.9086
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Update Time: 11 Mar 2010 11:52GMT
INTRA-DAY USD/JPY OUTLOOK - +90.65+
Dlr's rebound suggests the pullback fm y'day's
NY high of 90.83 has possibly ended earlier at 90.
20 n consolidation with upside bias wud be seen n
abv 90.50/55 wud confirm n yield resumption of
recent upmove to re-test 90.83 n then 91.00/10.
Hold long for 90.75 n only a firm breach of 90.
15/20 aborts bullish prospect on dlr...
Rate: +90.65+
Strategy: +Target met+
Position: Long at 90.35
Objective: +90.65+
Stop-Loss:
Resistance: 90.55/90.83/91.10
Support: 90.15/89.94/89.63
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Published on Mon, Mar 15 2010, 07:00 GMT
Trendsetter Financial Markets Ltd.
| Room 1309 - 1311, 13/F., Tai Yau Building, No. 181 Johnston Road, Wan Chai, Hong Kong.
http://www.AceTraderFX.com | cs@acetrader.com
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