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As cable has eased after intra-day rebound fm
1.3655 to 1.3776, suggesting consolidation is in
store, however, as temp. low has been formed at
1.3655, reckon 1.3700/05 wud limit downside n yield
another corrective rise to 1.3780/85 n 1.3807.
Buy on dips with stop as indicated, break risks
re-test of 1.3655...
Eur/usd - 1.2825 ... The single currency retreated briefly to 1.2792 in Asian morning on talk of selling fm option players to protect the barrier at 1.2870, however, decent buying interest fm U.S. names below 1.2800 lifted price to 1.2861. Bids are now noted at 1.2800 n 1.2750 while offers are reported at 1.2860 with stops seen at 1.2870/80 n 1.2900.
Intraday trading signal by acetrader.com : Eur/usd
INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/USD
EUR/USD : 1.2907
Last Update At 13 Mar 2009 02:25 GMT
Although euro has rebounded after finding
renewed buying at 1.2885 (Aust.) n consolidation
with upside bias wud be seen, a breach of y'day's
high of 1.2946 is needed to confirm upmove fm 1.24
57 has once again resumed n extend twds 1.2992.
Below 1.2885 wud bring a minor retrace. twds
1.2844 (prev. res) b4 rebound. Stand aside for now.
Intraday trading signal by acetrader.com : Eur/usd
INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/USD
EUR/USD : 1.3453
Last Update At 19 Mar 2009 03:49 GMT
As renewed buying at 1.3416 has lifted euro,
suggesting the retreat fm Australian high at 1.3536
has possibly ended n consolidation with upside bias
is seen for gain to 1.3475/80, however, abv 1.3500
needed to signal upmove has resumed, 1.3536 again.
Buy on dips with stop as indicated, below wud
risk stronger retracement to 1.3380/90 b4 up...
Intraday Forex Signal by AceTrader - GBP/USD by AceTrader
Intraday Forex Signal by AceTrader - GBP/USD
Updating time : 20 Mar 2009 04:08 GMT
Rate: +1.4480+
Cable's rebound fm 1.4458 suggests the retreat
fm y'day's high at 1.4598 has possibly ended there
n consolidation with upside bias is seen for gain
to 1.4530/40, however, abv 1.4560/65 is needed to
signal recent upmove has resumed, 1.4598 later.
Buy on dips with stop below said sup, break wud
risk stronger correction to 1.4520/30 b4 up...
Euro has rallied again on the back of renewed selling in dollar across the board and recent upmove from this month's low at 1.2457 should extend towards chart resistance at 1.3801, however, loss of upward momentum would prevent strong gain beyond there and risk has increased for a much-needed correction to occur later.
Below 1.3616 would signal temporary top is possibly made and bring retracement to 1.3540/50 before prospect of another rise.
Intra-day forex trading signal for AUD/USD by AceTrader
Intra-day forex trading signal for AUD/USD by AceTrader :
Rate:0.6962
Updating time : 23 Mar 2009 02:41 GMT
A$'s breach of 0.6944 (last Thursday's high) in
part due to cross buying vs yen signals recent
upmove has resumed n further gain twds 0.7000 is
seen, however, near term o/bot condition shud limit
upside to 0.7020/30 n yield retreat later.
Buy dips n exit on subsequent rise with stop as
indicated, below defers n risks pullback to 0.6880.
Intraday trading signal by acetrader.com : Eur/usd
INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/USD
EUR/USD : 1.3668
Last Update At 23 Mar 2009 04:27 GMT
Euro has moved higher on cross buying vs yen n
chf n although gain to 1.3690/00 cannot be ruled
out, abv last wk's high at 1.3739 needed to confirm
recent upmove has resumed, otherwise, further
choppy trading is likely ahead of European opening.
Stand aside n look to buy on pullback as only
below 1.3610/15 wud risk weakness to 1.3565 (NZ)...
Intra-day forex trading signal by AceTrader : USD/JPY
Intra-day forex trading signal by AceTrader : USD/JPY
USD/JPY OUTLOOK 97.79
Last Update At 24 Mar 2009 01:11 GMT
Dlr's intra-day firmness due to active cross
selling in yen suggests upside bias remains for the
rise fm last week's low at 93.5 to extend to 98.00/
05 but o/bot condition shud cap price below res at
98.32, yield retreat later today.
Stand aside n look to sell for day trade as
below 97.35 wud bring correction to 96.90/00...
Intra-day forex trading signal for AUD/USD by AceTrader
Intra-day forex trading signal for AUD/USD by AceTrader :
Rate: +0.6997+
Updating time :26 Mar 2009 02:52 GMT
Aussie's rebound after finding buying interest
o/n at 0.6929 suggests correction fm this week's
high at 0.7095 has ended y'day at 0.6904 n upside
bias remains for gain twds 0.7052, break there wud
signal recent upmove has resumed.
Buy on dips with stop as indicated n only below
0.6929 wud risk possible re-test of 0.6904...
Linear Mode
