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: 01 Sep 2010 12:30GMT
WEEKLY EUR/USD OUTLOOK - +1.2830+
Euro's 'erratic' rise fm l.2588 (Tue) suggests
recent decline fm 1.3334 has possibly made a temp.
low there n consolidation with initial upside bias
is seen for a long-overdue minor correction to 1.28
80, however, reckon res at 1.2923 wud cap present
rise n yield subsequent strg retreat.
Buy on dips for 1.2880 or sell if euro climbs to
1.2900 1st for pullback to 1.2700. Below 1.2588 wud
extend to 1.2522 but dynamic 1.2433 sup wud hold.
Rate: +1.2830+
Strategy: +Target met+
Position: +Long at 1.2680+
Objective: +1.2830+
Stop-Loss:
Resistance: 1.2780/1.2833/1.2923
Support: 1.2671/1.2588/1.2522
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Update Time: 01 Sep 2010 12:19GMT
DAILY USD/CHF OUTLOOK - +1.0100+
As dlr's cross-inspired decline has accelerated
y'day after penetrating prev. sup at 1.0220 (Fri),
subsequent weakness to 1.0136 suggests downtrend fm
2010 top of 1.1730 wud penetrate daily 1.0130 sup n
extend to 1.0100, however, reckon 1.0078 wud hold.
Trade fm short side with stop abv 1.0220 (prev.
res), break signals temp. low made, risks 1.0267.
Rate: +1.0100+
Strategy: +Target met+
Position: Short at 1.0180
Objective: 1.0100
Stop-Loss:
Resistance: 1.0182/1.0220/1.0267
Support: 1.0078/1.0051/1.0020
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Update Time: 01 Sep 2010 08:38GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.8300+
Euro's strg rally fm y'day's 0.8172 low to 0.8
289 confirms the recent decline fm 0.8532 (Jul) has
formed a low earlier at 0.8143 n outlook remains
mildly bullish for gain to 0.8300 but o/bot condi-
tion shud cap price well below 0.8337 (50% r).
Hold long with stop as indicated n only below
0.8236 signals top is made n risks 0.8190/00.
Rate: +0.8300+
Strategy: +Target met+
Position: Long at 0.8250
Objective: 0.8300
Stop-Loss:
Resistance: 0.8311/0.8338/0.8363
Support: 0.8236/0.8207/0.8163
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