Intraday trading signal - page 4

 

Intraday Forex Signal by AceTrader - GBP/USD

Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 17 Apr 2009 06:26 GMT

Rate: 1.4808

Present anticipated selloff suggests decline

fm 1.5069 to retrace recent upmove has resumed n

further weakness to 1.4780 (prev. res) is envisaged

after minor consolidation but o/sold condition wud

limit downside to 1.4740/46.

Sell again on recovery with stop as indicated

only abv 1.4871 wud risk gain to 1.4908...

Range Forecast

1.4780 / 1.4820

Resistance/Support

R: 1.4871/1.4908/1.4946

S: 1.4780/1.4746/1.4662

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Intraday trading signal by acetrader.com : Eur/usd

INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/USD

EUR/USD : 1.2930

Last Update At 21 Apr 2009 07:40 GMT

Failure to penetrate intra-day sup at 1.2895 n

current rebound suggest further consolidation abv

y'day's 1.2888 low is likely n another corrective

rise to 1.2954 cannot be ruled out, however, reckon

1.2985/90 wud hold.

Exit short n stand aside for now. Only below

said sup wud revive bearishness, 1.2850...

Range Forecast

1.2915 / 1.2950

Resistance/Support

R: 1.2967/1.3019/1.3078

S: 1.2888/1.2835/1.2786

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Intra-day forex trading signal for AUD/USD by AceTrader

Intra-day forex trading signal for AUD/USD by AceTrader :

Rate: 0.7068

Updating time : 22 Apr 2009 02:39 GMT

As aussie has remained under pressure after the

o/n retreat fm 0.7131, suggesting the recovery fm

this wk's low at 0.6953 has ended there n downside

bias is seen for weakness to 0.7020/25 n 0.7000,

however, sup at 0.6976 shud hold fm here.

Trade fm short side with stop now as indicated n

only abv 0.7098 (Aust.) wud risk re-test of 0.7131.

Range Forecast

0.7040 / 0.7075

Resistance/Support

R: 0.7098/0.7131/0.7153

S: 0.7051/0.7006/0.6953

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Intra-day forex trading signal for AUD/USD by AceTrader

Intra-day forex trading signal for AUD/USD by AceTrader :

Rate: 0.7145

Updating time : 27 Apr 2009 02:40 GMT

Aussie's intra-day weakness in line with the

selloff in kiwi suggests caution on our long n

0.7130/35 must hold for prospect of a rebound, abv

0.7180 wud signal the retreat fm last Friday's high

at 0.7240 has ended n extend to 0.7210/15.

Trade fm long side, stop as indicated, below

wud risk retrace. of the rise fm 0.6953 to 0.7100..

Range Forecast

0.7140 / 0.7175

Resistance/Support

R: 0.7182/0.7240/0.7280

S: 0.7108/0.7079/0.7030

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Intra-day forex trading signal by AceTrader : USD/JPY

Intra-day forex trading signal by AceTrader : USD/JPY

USD/JPY OUTLOOK - +96.57+

Last Update At 28 Apr 2009 01:10 GMT

Dlr has fallen again on renewed cross buying in

yen n recent decline fm 101.45 is likely to extend

to 96.20/30 but loss of momentum shud prevent steep

fall below 95.96 sup in Asia n risk has increased

for a corrective bounce later.

Sell on recovery with stop as indicated, abv

wud defer n risk retracement to 97.20/30...

Range Forecast

96.45 / 96.75

Resistance/Support

R: 96.89 / 97.11/ 97.44

S: 96.27/ 95.96/ 95.51

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Intraday trading signal by acetrader.com: Eur/usd

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD : 1.3190

Last Update At 29 Apr 2009 06:00 GMT

Euro's retreat after brief rise to 1.3215

suggests an intra-day top has possibly been formed

there n risk is seen for a pullback to 1.3160/70

but reckon sup at 1.3120 (Aust.) wud limit downside

n yield rebound later.

Exit intra-day long n stand aside. Abv 1.3215

extends the rise fm y'day's 1.2964 low to 1.3240/50

Range Forecast

1.3175 / 1.3205

Resistance/Support

R: 1.3233/1.3302/1.3395

S: 1.3167/1.3120/1.3088

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Intraday trading signal by acetrader.com :

INTRADAY TRADING SIGNAL BY ACETRADER.COM :

AUD/USD : 0.7405

Last Update At 05 May 2009 06:53 GMT

Failure to penetrate 0.7427 (Asian high) n A$'s

subsequent retreat suggest further consolidation

below there is seen n risk is for weakness to

0.7378 but break is needed for correction of recent

upmove to 0.7340/50.

Exit intra-day long n stand aside as only abv

0.7427 wud bring another rise to 0.7450/60...

Range Forecast

0.7390 / 0.7420

Resistance/Support

R: 0.7427/0.7475/0.7511

S: 0.7378/0.7314/0.7293

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Intraday trading signal by acetrader.com :

INTRADAY TRADING SIGNAL BY ACETRADER.COM :

AUD/USD :0.7371

Last Update At 06 May 2009 05:55 GMT

Aussie's rebound fm 0.7335 (Aust.) suggests an

intra-day low has been formed n consolidation abv

there is seen with mild upside bias for gain to

0.7390/95, however, abv 0.7412 needed for retrace.

of decline fm y'day's 0.7480 high to 0.7440/50.

Below said sup wud revive bearishness n extend

aforesaid fall to 0.7300/05. Stand aside for now...

Range Forecast

0.7355 / 0.7390

Resistance/Support

R: 0.7412/0.7441/0.7480

S: 0.7335/0.7314/0.7241

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Forex Market Review by AceTrader

Market Review - 08/05/2009 21:45 GMT

Dollar falls as save-haven demand drops on better-than-expected U.S. payrolls data

The greenback declined broadly on Friday after better-than-expected U.S. non-farm payrolls data bolstered hopes for an economic recovery and dented safe-haven demand for dollar. The ICE future dollar index (which measures the dollar's strength against a basket of six other major currencies) fell 1.75 percent to 82.417 in late New York trading.

The single currency rose to a six-week high against the dollar at 1.3652 on the back of strong U.S. economic data and rising stocks in Wall Street also boosted demand for riskier assets. Earlier in the day, a report showed German industrial production unexpectedly held steady in March, ending a six-month slump and adding signs that a recession in Europe's largest economy has reached a trough. Output in March was unchanged from February, when it slumped 3.4 percent.

U.K. producer prices jumped the most in 10 months in April. The price of goods at factory gates rose 0.6 percent last month, compared with a 0.1 percent gain in March. The British pound surged against the dollar to as high as 1.5250 in late New York session but weakened versus the euro and fell to a session low of 0.8974 as this week's Bank of England policy decision (unexpectedly expanded its asset purchase program by 50 billion pounds to 125 billion pounds) continued to weigh on sterling.

Commodity currencies such as New Zealand, Australian and Canadian dollars also strengthened against the greenback to multi-months highs of 0.6056, 0.7710 and 1.1490 respectively before stabilising.

On the data front, U.S. employers cut fewer jobs in April as signs emerged that the worst of the U.S. recession had passed and hiring for the next census boosted government staffing by the most since 2001. Non-farm payrolls fell by 539,000 in last month, after a 699,000 loss in March, but the jobless rate still jumped to 8.9 percent, the highest since September 1983.

Data to be released in the coming week include Australia NAB business confidence, Japan machine tools orders, and Canada new housing price index on Monday; German CPI, U.K. RICS house prices, trade balance, industrial production and manufacturing production, U.S. trade balance and Fed budget on Tuesday; Japan Economic watch DI and machine tool orders, U.K. claimant count and ILO unemployment, eurozone industrial production, and U.S. retail sales and business inventories on Wednesday; Switzerland's combined PPI, U.S. weekly jobless claims and PPI on Thursday; Japan Domestic CGPI and machine orders, German GDP, eurozone GDP and HICP, and U.S. CPI, Empire state manufacturing, real earnings, capacity utilisation and University of Michigan survey on Friday.

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