INTRA-DAY USD/JPY, EUR/USD OUTLOOK

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

Euro has rebounded after brief drop to 1.2730 n
consolidation with mild upside bias wud be seen for
a rebound to 1.2779/85, however, breach of 1.2793
needed to bring another corrective rise fm Mon's
low of 1.2667 for re-test of y'day's 1.2819 high.
For st trade, buy on dips with stop as indicated
n only below 1.2720 wud bring fall to 1.2697.

Range Forecast
1.2745 / 1.2779

Resistance/Support
R: 1.2779/1.2802/1.2819
S: 1.2730/1.2720/1.2697

Rate
1.2750

Strategy/Entry Level
Buy at 1.2745 for st trade

Objective
1.2785

Stop-Loss
1.272

Last Update At
11 Jan 2012 06:59 GMT

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

Althouh dlr has staged a minor rebound fm NY's
one-week low at 76.67 due partly to cross unwinding
in yen, as y'day's break of Mon's 76.77 low signals
recent erratic fall fm 78.29 has resumed, re-test
strg sup at 76.58/61 is seen after consolidation.
Sell again on further recovery n exit on next
decline. Only abv 77.04 aborts bearishness on dlr.

Range Forecast
76.70 / 76.85

Resistance/Support
R: 76.93 / 77.04 / 77.25
S: 76.61 / 76.58 / 76.35

Rate
76.77

Strategy/Entry Level
Sell at 76.85

Objective
76.65

Stop-Loss
76.95

Last Update At
12 Jan 2012 23:18 GMT

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK - +76.70+
Update Time: 12 Jan 2012 14:58GMT
INTRA-DAY USD/JPY OUTLOOK - +76.70+

Despite dlr's brief bounce to 76.98, current
strg retreat suggests 'choppy' consolidation with
downside bias wud be seen n weakness twds 76.58/61
sup is envisaged, however, break needed to confirm
decline fm 79.55 has resumed n extend to 76.25.

Trade fm short side with stop as indicated,
break wud risk stronger pullback to 77.04.

Rate: +76.70+
Strategy: +Target met+
Position: Short at 76.95
Objective: 76.70
Resistance: 77.04 / 77.25 / 77.34
Support: 76.58 / 76.50 / 76.25

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

Dlr's retreat fm 77.20 in Tokyo after y'day's
cross-inspired rally fm 76.70 to 77.32 signals fur-
ther sideways trading below said o/n NY high wud
continue with downside, however, reckon 76.88 (prev
ious res, now sup) wud remain intact.
Sell on recovery for 76.95 n exit on subsequent
decline, then buy on dips for day trade.

Range Forecast
77.00 / 77.20

Resistance/Support
R: 77.34 / 77.56 / 77.74
S: 76.88 / 76.70 / 76.55

Rate
77.09

Strategy/Entry Level
Sell at 77.20

Objective
76.95

Stop-Loss
77.35

Last Update At
20 Jan 2012 02:29 GMT

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

Although dlr has remained under pressure after
staging a minor recovery fm y'day's 76.14 low to 76
.30, as long as said sup holds, another bounce is
still likely n abv 76.30 wud yield stronger gain to
76.41 n possibly twd 76.55 after consolidation.
Trade fm long side, stop as indicated n only be-
76.05 wud abort n may extend marginally to 75.95.

Range Forecast
76.15 / 76.35

Resistance/Support
R: 76.41 / 76.55 / 76.90
S: 76.14 / 75.95 / 75.33

Rate
76.15

Position
Long at 76.15

Strategy/Entry Level
Hold long

Objective
76.40

Stop-Loss
76.00

Last Update At
01 Feb 2012 01:29 GMT

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

As euro has edged lower at European open after
meeting renewed selling at 1.3218/20, suggesting
further choppy trading below intra-day 1.3237 high
at 1.3237 (AUS) wud continue, below 1.3198 may risk
stronger retrace. to 1.3163 (NZ) b4 another bounce.
Exit long n stand aside as abv 1.3218/20 needed
to bring subsequent re-test of 1.3237, 1.3251/56.

Range Forecast
1.3198 / 1.3218

Resistance/Support
R: 1.3237/1.3256/1.3284
S: 1.3198/1.3159/1.3115

Rate
1.3202

Position
Long at 1.3215

Strategy/Entry Level
Exit long

Last Update At
20 Feb 2012 07:17 GMT

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

Euro has finally retreated after meeting selling
interest at 1.3451/52, suggesting minor sideways
trading wud be seen, as y'day's rebound fm 1.3366
signals pullback fm 1.3486 (Fri) is over, upside
bias remains, abv 1.3465 needed to re-test 1.3486.
Hold long for 1.3460 1st n only firm breach of
1.3408/10 'prolong's consolidation, 1.3388/90.

Range Forecast
1.3420 / 1.3450

Resistance/Support
R: 1.3465/1.3486/1.3509
S: 1.3418/1.3397/1.3366

Rate Position
1.3428 Long at 1.3430

Strategy/Entry Level
Hold long

Objective
1.3460

Stop-Loss
1.3410

Last Update At
28 Feb 2012 07:41 GMT

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

Although euro has retreated after intra-day rise
to 1.3183 n minor consolidation wud be seen, as
long as Asian low of 1.3136 holds, rise fm y'day's
2-1/2 week low of 1.3097 to retrace recent decline
wud extend to 1.3187/89 but 1.3209/17 wud hold.
Buy on dips with stop as indicated, break wud
risk stronger pullback but 1.3097 sup shud hold.

Range Forecast
1.3155 / 1.3187

Resistance/Support
R: 1.3187/1.3209/1.3242
S: 1.3131/1.3120/1.3097

Rate
1.3175

Strategy/Entry Level
Buy at 1.3155

Objective
1.3185

Stop-Loss
1.3135

Last Update At
08 Mar 2012 06:27 GMT

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

Although dlr has retreated after marginal rise
abv Asian high of 81.37 to 81.39 n consolidation
with mild downside bias wud be seen, below 81.08 is
needed to signal an intra-day top is made n yield
weakness to 80.94 (prev. res, now sup).
Trade fm short side with stop as indicated, abv
wud abort n risk gain to 81.58 res.

Range Forecast
81.08 / 81.39

Resistance/Support
R: 81.39 / 81.58 / 81.87
S: 80.94 / 80.59 / 80.42

Rate
81.29

Position
Short at 81.20

Strategy/Entry Level
Hold short

Objective
80.95

Stop-Loss
81.40

Last Update At
08 Mar 2012 06:44 GMT

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

Despite euro's retreat fm y'day's high of 1.3265
to 1.3226, as renewed buying has lifted price, sug-
gesting consolidation with mild upside bias remains
but abv 1.3256/60 needed to signal upmove fm last
week's 1.3005 low has resumed n extend to 1.3270.
Hold long for this move n only below 1.3211 wud
signal temp. top made, 1.3187, break, 1.3160/70.

Range Forecast
1.3227 / 1.3260

Resistance/Support
R: 1.3265/1.3291/1.3302
S: 1.3211/1.3187/1.3171

Rate
1.3236

Position
Long at 1.3235

Strategy/Entry Level
Hold long

Objective
1.3270

Stop-Loss
1.3215

Last Update At
20 Mar 2012 04:05 GMT