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: 08 Sep 2010 04:03GMT
INTRA-DAY EUR/JPY OUTLOOK - 105.85
Although euro has penetrated intra-day low at
106.10 (AUS) after meeting renewed selling earlier
in Asia at 106.50, near term 'loss of momentum' is
likely to prevent steep fall n reckon 105.70/80 wud
contain weakness, bring a stronger recovery.
Wud be prudent to take profit here n look to
sell on subsequent rebound as 106.50 shud hold.
Rate: 105.85
Strategy: Exit short
Position: Short at 106.22
Objective:
Stop-Loss:
Resistance: 106.10/106.50/107.06
Support: 105.75/105.44/104.91
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Update Time: 07 Sep 2010 14:19GMT
DAILY EUR/CHF OUTLOOK - +1.2880+
As euro has maintained under pressure after
falling fm 1.3025 to 1.2907, suggesting decline fm
1.3164 (Fri) remains in progress n consolidation
with downside bias wud be seen for weakness twd 1.2
850 b4 prospect of another rebound.
Hold short with stop as indicated n only abv 1.3
020 wud prolong choppy trading, 1.3075.
Rate: +1.2880+
Strategy: +Target met+
Position: Short at 1.2950
Objective: +1.2880+
Stop-Loss:
Resistance: 1.2965/1.3020/1.3075
Support: 1.2850/1.2806/1.2755
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Update Time: 07 Sep 2010 08:36GMT
INTRA-DAY AUD/USD OUTLOOK - 0.9100
Despite aussie's anticipated weakness to 0.9094,
as the decline fm y'day's top at 0.9181 is viewed
as a retracement of recent upmove, nr term o/sold
condition shud prevent sharp fall n reckon price
wud keep well abv 0.9055/66 n yield rebound later.
Wud be prudent to exit short n stand side. Only
abv 0.9147 wud signal an intra-day low is made...
Rate: 0.9100
Strategy: Exit short
Position: Short at 0.9130
Objective:
Stop-Loss:
Resistance: 0.9147/0.9181/0.9206
Support: 0.9094/0.9055/0.9032
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