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: 09 Mar 2010 22:06GMT
DAILY AUD/USD OUTLOOK - +0.9155+
Although aud has retreated after resuming recent
upmove fm 0.8578 to 0.9134 y'day, as long as 0.9056
(intra-day low) holds, outlook remains mildly bull-
ish for one more rise to 0.9150, loss of momentum
shud cap price at 0.9174 n yield decline later.
Trade fm long side with stop as indicated, below
signals top made n risks 0.9000/10.
Rate: +0.9155+
Strategy: +Target met+
Position: Long at 0.9085
Objective: 0.9155
Stop-Loss:
Resistance: 0.9174/0.9255/0.9279
Support: 0.9121/0.9056/0.9040
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Update Time: 09 Mar 2010 14:50GMT
INTRA-DAY EUR/JPY OUTLOOK - +122.05+
Euro's intra-day selloff below 121.90 suggests
the corrective rise fm 119.66 has indeed formed a
temp. top at 123.90 n further weakness to 121.50/55
cannot be ruled out but 121.28/30 shud contain down
side n yield rebound later.
Buy on dips with stop as indicated, break wud
risk one more fall b4 prospect of a bounce...
Rate: +122.05+
Strategy: +Target met+
Position: +Long at 121.55+
Objective: 122.05
Stop-Loss:
Resistance: 122.50/122.83/123.06
Support: 121.50/121.28/120.90
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Update Time: 09 Mar 2010 14:42GMT
EUROPEAN CLOSING AUD/USD OUTLOOK - +0.9100+
Although aussie's retreat fm 0.9118 suggests
further choppy sideways trading below y'day's high
of 0.9134 wud continue, as long as 0.9056 sup holds
a rebound is still likely but breach of 0.9118 is
needed to confirm upmove has resumed, 0.9134 again.
Hold long with stop at break-even, below wud
risk stronger retrace. to 0.9025/30 b4 up...
Rate: +0.9100+
Strategy: +Target met+
Position: Long at 0.9070
Objective: 0.9100
Stop-Loss:
Resistance: 0.9118/0.9134/0.9153
Support: 0.9056/0.9040/0.9025
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