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 USD*********************************************
Update Time: 02 Mar 2010 18:55GMT
DAILY USD/JPY OUTLOOK - +88.60+
Although dlr's rebound fm a one-month low of
88.70 (NZ) y'day suggests recent decline fm 92.16
has made a temp. low, as renewed selling below indi
cated res at 89.51 has capped recovery, 'one more'
fall twd 88.55 is likely but 88.24 shud hold.
Trade fm short side n only abv 89.76 wud risk
stronger correction to 90.00, then twd 90.33.
Rate: +88.60+
Strategy: +Target met+
Position: Short at 89.40
Objective: 88.60
Stop-Loss:
Resistance: 89.51/89.76/90.33
Support: 88.70/88.55/88.24
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Update Time: 02 Mar 2010 15:30GMT
EUROPEAN CLOSING EUR/CHF OUTLOOK - +1.4650+
Despite euro's intra-day weakness to 1.4624, as
long as 1.4617 holds, upside bias remains for an-
other rise to 1.4639, however, as outlook is conso-
lidative, res at 1.4651 shud hold in NY n yield
pullback later.
Remains cautious buyer n only below 1.4617 wud
abort daily bullishness on euro, risks 1.4600/02.
Rate: +1.4650+
Strategy: +Target met+
Position: Long at 1.4625
Objective: 1.4650
Stop-Loss:
Resistance: 1.4651/1.4687/1.4693
Support: 1.4624/1.4617/1.4602
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Update Time: 02 Mar 2010 12:42GMT
DAILY USD/ZAR OUTLOOK - +7.6000+
Dlr's strg retreat fm 7.8945 suggests rise fm
fm 7.2517 has formed a temp. top n below 7.6610 wud
bring stronger retrace. to 7.5975 later.
Hold short with stop at break-even, abv wud de-
fer n risk gain to 7.7900/10 b4 down...
Rate: +7.6000+
Strategy: +Target met+
Position: Short at 7.7100
Objective: 7.6000
Stop-Loss:
Resistance: 7.7130/7.7903/7.8945
Support: 7.5975/7.5650/7.4222
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