AceTrader: Recommended Trades

16 Apr 2009 10:27GMT INTRA-DAY EUR/CHF OUTLOOK
Euro's rebound after trading abv y'day's low at1.5078 suggests further consolidation abv there isseen with upside bias n breach of 1.5155 wud signalprice remains inside 1.5062-1.5301 range, extendgain to 1.5185.Buy on dips with stop initially below 1.5062 asbreak wud risk one more fall to 1.5030/40...[more]
rate :
+1.5140+
target :
1.5140
resistance :
1.5155/1.5185/1.5207
position :
+Long at 1.5090+
strategy :
+Target met+
support :
1.5078/1.5062/1.5019
AceTrader: Recommended Trades
16 Apr 2009 07:20GMT INTRA-DAY EUR/USD OUTLOOK
Despite intra-day anticipated retreat, break ofy'day's 1.3146 low is needed to confirm decline fm 1.3395 has resumed n extend weakness twd 1.3120/25,however, reckon sup at 1.3090 wud remain intact nyield rebound later.Wud be prudent to exit short n look to sell on recovery as upside shud be ltd to 1.3205/10...[more]
rate :
1.3175
resistance :
1.3232/1.3270/1.3307
position :
Short at 1.3205
strategy :
Exit short
support :
1.3146/1.3090/1.3021
AceTrader: Recommended Trades
16 Apr 2009 06:54GMT INTRA-DAY GBP/USD OUTLOOK
Despite intra-day brief rise to 1.5069, cable'ssubsequent retreat suggests a temp. top is formed nconsolidation with downside bias is seen but break of 1.4925 sup is needed to confirm n bring retrace.to 1.4900 later.Sell on recovery with stop as indicated, abvwud risk possible re-test of 1.5069...[more]
rate :
+1.4970+
target :
1.4970
resistance :
1.5033/1.5069/1.5108
position :
+Short at 1.5010+
strategy :
+Target met+
support :
1.4964/1.4925/1.4887
AceTrader: Recommended Trades
16 Apr 2009 00:24GMT WEEKLY GBP/USD OUTLOOK
Although cable has retreated after last week'srise to 1.4960, as long as 1.4583 sup holds, upsidebias remains for gain twd 1.4986 n abv there wud confirm an upside break of MT 1.3500-1.4986 range has occured, then retrace. of intermediate decline fm 1.8672 to 1.5050 n possibly 1.5100 wud be seen.Trade fm long side with stop below there, breakwud prolong choppy trading inside aforesaid range nrisk correction to 1.4430/35...[more]
rate :
+1.5050+
target :
1.5050
resistance :
1.4986/1.5141/1.5374
position :
Long at 1.4700
strategy :
+Target met+
support :
1.4746/1.4583/1.4431
AceTrader: Recommended Trades
15 Apr 2009 10:44GMT INTRA-DAY USD/CHF OUTLOOK
Present anticipated retreat suggests upmove fm1.1307 has possibly formed a top earlier at 1.1450n consolidation with downside bias is seen for falltwds 1.1353, however, break needed to confirm nyield weakness to 1.1323.Wud be prudent to exit short n sell again on recovery as only abv 1.1450 wud abort, 1.1470/80...[more]
rate :
1.1395
target :
1.1380
resistance :
1.1450/1.1506/1.1530
position :
Short at 1.1430
strategy :
Exit short n sell at 1.1420
stoploss :
1.1450
support :
1.1353/1.1323/1.1307
AceTrader: Recommended Trades
15 Apr 2009 10:38GMT INTRA-DAY EUR/USD OUTLOOK
Although current breach of 1.3275 res signals decline fm 1.3395 has ended at 1.3204 n gain twds 1.3303/07 res is likely, break there is needed to retain bullishness n extend rise to 1.3330/35 but1.3366 minor res wud hold.Exit long n buy again on pullback with stop asindicated, below wud risk 1.3220 b4 up...[more]
rate :
1.3280
target :
1.3300
resistance :
1.3275/1.3307/1.3366
position :
Long at 1.3250
strategy :
Exit long n buy at 1.3260
stoploss :
1.3235
support :
1.3204/1.3181/1.3126
AceTrader: Recommended Trades
15 Apr 2009 10:28GMT INTRA-DAY EUR/CHF OUTLOOK
As euro has staged a rebound after holding abv1.5078 (Asian low), suggesting consolidation withupside bias remains for minor correction of recentdecline to 1.5150/55, however, 1.5185 res shud cap upside n bring another fall later.Trade fm long side with stop as indicated, breakwud yield re-test of said sup n possibly 1.5062...[more]
rate :
+1.5150+
target :
1.5150
resistance :
1.5185/1.5207/1.5244
position :
Long at 1.5110
strategy :
+Target met+
support :
1.5078/1.5062/1.5019
AceTrader: Recommended Trades
15 Apr 2009 10:42GMT WEEKLY GBP/JPY CROSS OUTLOOK
Despite stg's retreat fm 151.52 last wk, as longas 145.07 (prev. res) holds, upmove fm 118.87 shudresume n break of said res wud extend to 153.90/00.Buy dips with stop as indicated, breach wud riskretrace. to 143.00 but 141.81 wud contain downside.[more]
rate :
+149.00+
target :
149.00
resistance :
149.03/151.52/154.45
position :
+Long at 146.50+
strategy :
+Target met+
support :
145.76/142.82/140.61
AceTrader: Recommended Trades
15 Apr 2009 10:19GMT INTRA-DAY EUR/GBP OUTLOOK
Euro's selloff below 0.8878 confirms recent decline has once again resumed n further weakness to 0.8853 is envisaged, however, loss of downwardmomentum shud limit fall to 0.8830/40 n bring a much-needed minor correction later.Wud be prudent to exit short n look to sell again on recovery as 0.8920/24 wud cap upside...[more]
rate :
0.8858
resistance :
0.8924/0.8954/0.8983
position :
Short at 0.8885
strategy :
Exit short
support :
0.8853/0.8809/0.8760
AceTrader: Recommended Trades
15 Apr 2009 10:18GMT INTRA-DAY GBP/USD OUTLOOK
Cable's rebound after finding renewed buying at 1.4905 suggests pullback fm 1.4975 has possibly ended there n consolidation with upside bias is seen, however, breach of said lvl needed to confirmrecent upmove has resumed n extend to 1.4986 res.Trade fm long side with stop as indicated n only below said sup wud risk retrace. to 1.4860...[more]
rate :
+1.4965+
target :
1.4965
resistance :
1.4986/1.5008/1.5088
position :
Long at 1.4920
strategy :
+Target met+
support :
1.4905/1.4822/1.4780
AceTrader: Recommended Trades
15 Apr 2009 08:47GMT DAILY GBP/USD OUTLOOK
Although current anticipated rally has justifiedour bullishness, cable needs to penetrate y'day's 1.4945 high to confirm upmove has resumed for gain to 1.4960, then twd chart res at 1.4986.Wud be prudent to exit long n look to buy againon pullback as downside shud be ltd to 1.4870/75 n yield another rise later...[more]
rate :
1.4925
resistance :
1.4960/1.4986/1.5078
position :
Long at 1.4835
strategy :
Exit long
support :
1.4822/1.4780/1.4746
AceTrader: Recommended Trades
15 Apr 2009 06:55GMT INTRA-DAY USD/CHF OUTLOOK
Despite intra-day anticipated firmness, a breakabv 1.1448 is needed to confirm near term upmove fm1.1307 has resumed n yield further headway twd 1.1480/90, otherwise, risk is seen for a retreat later.Wud be prudent to exit long n then stand aside.Below 1.1380/90 wud yield pullback to 1.1353 butbreak needed to signal recovery fm 1.1307 is over..[more]
rate :
1.1425
resistance :
1.1448/1.1506/1.1530
position :
Long at 1.1390
strategy :
Exit long
support :
1.1353/1.1323/1.1307
AceTrader: Recommended Trades
15 Apr 2009 06:51GMT INTRA-DAY GBP/USD OUTLOOK
Despite current anticipated decline, as the movefm y'day's 1.4945 high is viewed as a retrace. of recent upmove, downside shud be ltd to 1.4800 n reckon 1.4780 (prev. res) wud hold, yield a reboundlater today.Wud be prudent to exit short n stand aside for now. Only abv 1.4870/75 wud signal low made, 1.4894[more]
rate :
1.4835
resistance :
1.4894/1.4945/1.4960
position :
Short at 1.4869
strategy :
Exit short
support :
1.4824/1.4780/1.4746
AceTrader: Recommended Trades
15 Apr 2009 02:46GMT INTRA-DAY AUD/USD OUTLOOK
Aussie has continued to move lower after intra-day breach of 0.7198 (Aust.) n corrective declinefm this week's high at 0.7328 is likely to extendto 0.7150/55 n then 0.7130, however, sup at 0.7096 shud hold due to near term o/sold condition.Trade fm short side with stop now as indicated,abv wud defer n risk rebound to 0.7220/30...[more]
rate :
+0.7155+
target :
0.7155
resistance :
0.7198/0.7238/0.7304
position :
Short at 0.7200
strategy :
+Target met+
support :
0.7150/0.7096/0.7051
AceTrader: Recommended Trades
15 Apr 2009 01:32GMT DAILY NZD/USD OUTLOOK
Kiwi's strg retreat fm 0.5934 (Mon NY high) suggests choppy trading below recent 0.5980 top wud continue with downside bias but 0.5691 shud hold.Trade fm short side for retracement to 0.5775 nonly abv 0.5905 may risk gain to 0.5934...[more]
rate :
+0.5775+
target :
0.5775
resistance :
0.5871/0.5905/0.5934
position :
Short at 0.5852
strategy :
+Target met+
support :
0.5753/0.5691/0.5637