Intraday trading signal - page 7

 

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

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

USD/JPY OUTLOOK - 96.90

Last Update At 16 Jun 2009 02:25 GMT

Although dlr's recovery after intra-day selloff

to 96.70 suggests minor consolidation is in store,

upside shud be ltd to 97.28 (prev. sup) n yield

another decline twds 96.50/55, however, loss of nr

term momentum wud keep price abv 96.15.

Sell again on further rise with stop as indicat

ed, break wud risk 97.59/60 b4 down...

Range Forecast

96.75 / 97.10

Resistance/Support

R: 97.59/ 97.88/ 98.35

S: 96.70/ 96.15/ 95.57

AceTrader - Best Intra-day Forex Trading Strategies

 

INTRA-DAY EUR/USD SIGNAL by AceTrader

INTRA-DAY EUR/USD:

AceTrader - Best Intra-day Forex Trading Strategies

Last Update At 17 Jun 2009 01:16 GMT

Rate : 1.3826

As euro has retreated after holding below the

minor res at 1.3855, weakness twds 1.3800 cannot be

ruled out, however, break of 1.3788 is needed to

confirm correction is over n bring resumption of

decline to 1.3748.

Abv said res wud yield recovery to 1.3880/85

but 1.3934 res wud remain intact. Stand aside...

Range Forecast

1.3810 / 1.3845

Resistance/Support

R: 1.3934/1.3967/1.4041

S: 1.3788/1.3748/1.3719

 

Support, Resistance and Range Forecast by AceTrader

INTRA-DAY USD/JPY:

Last Update At 17 Jun 2009 07:25 GMT

Range Forecast

+96.10 / 96.45+

Resistance/Support

R: 96.78/ 97.27/ 97.59

S: 96.22/ 95.97/ 95.57

-------------------------------------------------

INTRA-DAY EUR/USD:

Last Update At 17 Jun 2009 08:54 GMT

Range Forecast

1.3845 / 1.3880

Resistance/Support

R: 1.3934/1.3967/1.4041

S: 1.3855/1.3806/1.3788

-------------------------------------------------

INTRA-DAY USD/CHF:

Last Update At 17 Jun 2009 08:05 GMT

Range Forecast

+1.0855 / 1.0890+

Resistance/Support

R: 1.0888/1.0909/1.0958

S: 1.0822/1.0783/1.0747

-------------------------------------------------

INTRA-DAY GBP/USD:

Last Update At 17 Jun 2009 09:29 GMT

Range Forecast

+1.6260 / 1.6300+

Resistance/Support

R: 1.6354/1.6399/1.6436

S: 1.6242/1.6210/1.6177

AceTrader - Best Intra-day Forex Trading Strategies

 

Support, Resistance and Range Forecast by AceTrader

AceTrader - Best Intra-day Forex Trading Strategies

INTRA-DAY USD/JPY:

Last Update At 18 Jun 2009 05:43 GMT

Range Forecast

95.65 / 96.00

Resistance/Support

R: 96.00 / 96.52/ 96.78

S: 95.51/ 95.33/ 95.00

-------------------------------------------------

INTRA-DAY EUR/USD:

Last Update At 18 Jun 2009 06:49 GMT

Range Forecast

+1.3960 / 1.3985+

Resistance/Support

R: 1.3986/1.4041/1.4113

S: 1.3921/1.3897/1.3806

-------------------------------------------------

INTRA-DAY USD/CHF:

Last Update At 18 Jun 2009 06:22 GMT

Range Forecast

+1.0785 / 1.0815+

Resistance/Support

R: 1.0831/1.0880/1.0924

S: 1.0764/1.0747/1.0704

-------------------------------------------------

INTRA-DAY GBP/USD:

Last Update At 18 Jun 2009 06:49 GMT

Range Forecast

+1.6375 / 1.6415+

Resistance/Support

R: 1.6450/1.6483/1.6507

S: 1.6347/1.6315/1.6210

 

Intraday trading signal by acetrader.com: Eur/usd

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

AceTrader - Best Intra-day Forex Trading Strategies

EUR/USD: 1.3996

Last Update At 03 Jul 2009 05:51 GMT

Although euro has rebounded after the brief but

sharp selloff to 1.3927 (Aust.) n further 'choppy'

consolidation abv there is seen with near term

upside bias, reckon 1.4015/20 wud limit gain n

yield retreat later.

Buy dips for 1.4010 or sell there for 1.3960 but

only below 1.3927 confirms fall fm 1.4202 resumes.

Range Forecast

1.3975 / 1.4010

Resistance/Support

R: 1.4004/1.4045/1.4102

S: 1.3927/1.3888/1.3828

 

Acetrader Recommended Trades

INTRA-DAY GBP/USD OUTLOOK - +1.6640+

Update Time: 25 Nov 2009 06:59GMT

INTRA-DAY GBP/USD OUTLOOK - +1.6640+

Cable's present breach of NY res at 1.6600 sug-

gests intra-day upside bias remains for near term

rise fm y'day's 1.6497 low to extend to 1.6630/35

but only abv 1.6649 wud bring stronger correction

of recent decline fm 1.6460 to 1.6676/80 later.

Incline to buy cable on dips n only below 1.6576

wud prolong consolidation n risk 1.6531/35.

--------------------------------------------------------------------------

Rate: +1.6640+

Strategy: +Target met+

Position: Long at 1.6605

Objective: 1.6640

Stop-Loss:

Resistance: 1.6649/1.6676/1.6715

Support: 1.6573/1.6531/1.6497

For more information - gil.acetraderfx@gmail.com

 

Acetrader Recommended Trades

INTRA-DAY EUR/JPY OUTLOOK - +130.70+

Update Time: 01 Dec 2009 02:29GMT

INTRA-DAY EUR/JPY OUTLOOK - +130.70+

Euro's breach of minor res at 130.35 following

news of that BOJ will hold a press conference sug-

gests upside bias remains for a re-test of y'day's

high at 130.99 n abv wud confirm nr term rise fm

126.95 low has resumed wud extend to 131.20/30.

Buy at market with stop as indicated, below wud

prolong choppy trading n risk weakness to 129.80/90

--------------------------------------------------------------------------

Rate: +130.70+

Strategy: +Target met+

Position: Long at 130.40

Objective: +130.70+

Stop-Loss:

Resistance: 130.63/130.99/131.51

Support: 129.84/129.35/129.00

For more information visit us at Acetraderfx

 

Forex Target Met

INTRA-DAY EUR/JPY OUTLOOK - +130.70+

Update Time: 01 Dec 2009 02:29GMT

INTRA-DAY EUR/JPY OUTLOOK - +130.70+

Euro's breach of minor res at 130.35 following

news of that BOJ will hold a press conference sug-

gests upside bias remains for a re-test of y'day's

high at 130.99 n abv wud confirm nr term rise fm

126.95 low has resumed wud extend to 131.20/30.

Buy at market with stop as indicated, below wud

prolong choppy trading n risk weakness to 129.80/90

--------------------------------------------------------------------------

Rate: +130.70+

Strategy: +Target met+

Position: Long at 130.40

Objective: +130.70+

Stop-Loss:

Resistance: 130.63/130.99/131.51

Support: 129.84/129.35/129.00

For more information visit us at Acetraderfx

 

Market Review by AceTrader

Market Review - 01/12/2009 21:34 All times in GMT

The greenback falls as an unexpected rise in U.S. housing sales reinforces recovery hopes

http://www.acetrader.com

The dollar declined across the board (except the Japanese yen) as an unexpected rise in U.S. pending home sales and fading worries about Dubai's debt problems boosted demand for higher-yielding assets. The National Association of Realtors reported that U.S. pending homes sales increased by 3.7% in October, much higher than economists' forecast of a decrease of 1%, however, ISM manufacturing index fell to 53.6 in November from 55.7 in the prior month. Earlier, news indicated that the Dubai World planned to restructure $26 billion debt, half the size initially expected.

Despite intra-day brief fall to 1.4970 in Asia, euro rebounded from there in line with the dollar's broad-based weakness following the BOJ's post-meeting announcement, which didn't contain any mentioning of intervention to sell the yen. The single currency's rise accelerated in European morning on the news from Dubai World and eur/usd hit a session high of 1.5118 in New York morning. Similar to euro, the British pound found good buying interest at 1.6393 and rallied to 1.6647 in tandem with euro in New York trade.

Dollar rose to as high as 87.54 against the Japanese Yen in Asia afternoon on news that the BOJ would hold an emergency meeting, the greenback later retreated sharply on cross buying in yen after the central bank introduced a 3-month fixed rate lending operation with a size of 10 trillion yen (BOJ left interest rates unchanged at 0.1%).

Earlier, aussie retreated after the RBA hiked interest rates by 25 b.p. as widely expected, which led to profit taking. In the accompanying statement, the central bank offered no clear indication as to what move would be made at the next meeting in February. Aud/usd rallied to 0.9271 in New York afternoon on the rise in U.S. equity markets. DJI rose its highest close in 14 months to 10,471, up 1.23% or 126 points.

Data to be released on Wednesday include U.K. construction PMI, eurozone PPI, U.S. ADP employment and Fed's beige book.

 

Market Outlook by AceTrader

Market Review - 02/12/2009 22:09 All times in GMT

Yen falls broadly after Japanese Prime Minister's comments on yen

The Japanese yen declined against most of its counterparts after Japan's Prime Minster Yukio Hatoyama was quoted from Nikkei newspaper as saying the yen's rise cannot be left 'as it is', raising concerns about risk of further quantitative measures from the Bank of Japan. In other news, U.S. private employers shed 169,000 jobs in November (forecast was for a loss of 155,000), fewer than the revised 195,000 jobs lost in October. Although the greenback retreated from 87.39 to 86.99 against the Japanese yen after the data, buying interest on dips later sent the pair to 87.50 in New York afternoon while eur/jpy rose from 130.65 to 131.99, aud/jpy strengthened from 80.12 to 81.15 and gbp/jpy rallied from 143.84 to 145.73.

Euro declined versus the greenback on profit-taking ahead of Thursday's European Central Bank rate decision, when the bank is expected to keep interest rates on hold at a record low 1% and to give a rough sketch of its future exit strategy from monetary stimulus. Euro rose to a session high of 1.5110 in European morning, however, failure to re-test previous day's high of 1.5118 caused price to retreat sharply to 1.5032 after U.S. Treasury Secretary Timothy Geithner said that parts of the U.S. financial system was still very damaged and the Fed would have to be careful not to take steps that would intensify financial headwinds. Cross selling on euro versus the pound also weighed on the single currency as eur/gbp tumbled from 0.9106 to 0.9027.

The Federal Reserve said in its Beige book on Wednesday that the weak U.S. economy is improving 'modestly' with little upward pressure on wages. The report also indicated that there is minimal reason to worry about inflation, signaling the Fed will keep interest rates at an ultra-low level in the near future. In addition, the report said the jobs market remained weak but was stabilising and showing scattered signs of improvement.

Data to be released on Thursday include Japan business capex, Australia retail sales, German and U.K. service PMI, ECB rate decision, eurozone GDP and retail sales, U.S. weekly jobless claims, ISM non-manufacturing.