INTRA-DAY USD/JPY, EUR/USD OUTLOOK

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

Despite euro's narrow range-trading in Asia,
as long as 1.3095 res holds, consolidation with
downside bias remains for another drop to 1.3040/
45 but below 1.3027 sup needed to signal possible
downside break has occured, yield fall to 1.2983.
Sell on recovery for 1.3045 n only abv 1.3095
wud dampen intra-day bearishness on euro.

Range Forecast
1.3050 / 1.3080

Resistance/Support
R: 1.3083/1.3095/1.3120
S: 1.3045/1.3027/1.3017

Rate
1.3063

Strategy/Entry Level
Sell at 1.3080

Objective
1.3045

Stop-Loss
1.3098

Last Update At
28 Dec 2011 06:07 GMT

 

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

INTRA-DAY EUR/USD OUTLOOK

Although euro has rebounded fm Asian low of 1.28
88 to 1.2943, current retreat suggests the recovery
has 'possibly' ended there n as long as 1.2945/54
res holds, decline shud resume for re-test of said
lvl, below extends twds daily sup at 1.2860.
Sell on pullback with stop as indicated, break
wud risk stronger gain to 1.2983 (prev. sup).

Range Forecast
1.2900 / 1.2935

Resistance/Support
R: 1.2954/1.2983/1.3000
S: 1.2888/1.2860/1.2825

Rate Position
1.2920 ---

Strategy/Entry Level
Sell at 1.2935

Objective
1.2900

Stop-Loss
1.2955

Last Update At
29 Dec 2011 08:42 GMT

 

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

INTRA-DAY EUR/USD OUTLOOK

Current breach of Asian high of 1.2989 strongly
suggests erratic upmove fm last week's 15-month low
of 1.2858 to retrace recent decline has resumed n
abv o/head res at 1.3000 wud confirm n bring furth-
er gain to 1.3017 but 1.3045/54 wud cap upside.
Buy on dips with stop as indicated, break wud
risk stornger pullback to 1.2935/40.

Range Forecast
1.2980 / 1.3000

Resistance/Support
R: 1.3000/1.3017/1.3045
S: 1.2950/1.2912/1.2904

Rate
1.2992

Strategy/Entry Level
Buy at 1.2980

Objective
1.3015

Stop-Loss
1.29

Last Update At
03 Jan 2012 06:42 GMT

 

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

INTRA-DAY EUR/USD OUTLOOK

Euro's stronger-than-expected retreat after
brief breach of 1.3000 to 1.3008 suggests risk is
seen for a pullback to 1.2955/60 but renewed buying
shud emerge abv 1.2950 n yield another rebound to
1.2995/00 n abv wud extend gain to 1.3045/50.
Wud be prudent to exit long n buy again on dips
with stop as indicated, break, 1.2912.

Range Forecast
1.2972 / 1.3000

Resistance/Support
R: 1.3017/1.3045/1.3084
S: 1.2950/1.2912/1.2904

Rate
1.2985

Long at 1.2980
Position

Strategy/Entry Level
Exit long n buy at 1.2960

Objective
1.2995

Stop-Loss
1.2940

Last Update At
03 Jan 2012 08:49 GMT

 

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

INTRA-DAY EUR/USD OUTLOOK

Despite euro's early brief breach of y'day's low
at 1.2770 to a 15-mth 1.2763 low on market rumours
(see MMN), current recovery suggests consolidation
with mild upside bias wud be seen n abv 1.2799 wud
confirm a temp. low is made n bring gain to 1.2815.
For st trade, remain as cautious buyer n only
below 1.2755 may risk one more fall twd 1.2736.

Range Forecast
1.2770 / 1.2799

Resistance/Support
R: 1.2799/1.2815/1.2858
S: 1.2763/1.2736/1.2710

Rate
1.2777

Position
Long at 1.2775

Strategy/Entry Level
Hold long for st trade

Objective
1.2810

Stop-Loss
1.2755

Last Update At
06 Jan 2012 06:22 GMT

 

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

Although dlr has finally staged a rebound after
early 'cross-inspired' decline below Fri's NY low
of 76.96 to 76.80 ahead of Asian open, as Fri's
fall fm 77.34 (NY) signals correction fm last wk's
76.61 low is over, downside bias remains.
Hold short for 76.65 n only abv 77.25 may risk
possible re-tets of 77.34.

Range Forecast
76.85 / 77.00

Resistance/Support
R: 77.07 / 77.25 / 77.34
S: 76.80 / 76.61 / 76.35

Rate
76.98

Position
Short at 76.95

Strategy/Entry Level
Hold short

Objective
76.65

Stop-Loss
77.10

Last Update At
09 Jan 2012 00:37 GMT

 

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

Although dlr has staged a rebound after initial
'cross-inspired' decline below Fri's NY low of 76.
96 to 76.80 ahead of Asian open, as Fri's fall fm
77.34 (NY) signals correction fm last week's low at
76.61 is over, daily downside bias remains.
Hold short for 76.65 n only abv 77.25 may risk
possible re-test of 77.34.

Range Forecast
76.85 / 77.00

Resistance/Support
R: 77.07 / 77.25 / 77.34
S: 76.80 / 76.61 / 76.35

Rate
76.93

Position
Short at 76.95

Strategy/Entry Level
Hold short

Objective
76.65

Stop-Loss
77.10

Last Update At
09 Jan 2012 02:24 GMT

 

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

INTRA-DAY EUR/USD OUTLOOK

As euro has maintained a firm undertone after
staging a recovery fm intra-day fresh 15-month low
at 1.2667 (AUS), suggesting sideways trading abv
this temp. sup wud be seen, reckon 1.2730/40 wud
cap present corrective rise n yield retreat later.
Raise short entry for 1.2695 but below 1.2767
needed to extend twd 1.2642. Abv 1.2763/70 aborts.

Range Forecast
1.2700 / 1.2730

Resistance/Support
R: 1.2732/1.2763/1.2812
S: 1.2667/1.2642/1.2588

Rate
1.2712

Strategy/Entry Level
Sell at 1.2730

Objective
1.2695

Stop-Loss
1.2750

Last Update At
09 Jan 2012 06:22 GMT

 

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

INTRA-DAY USD/JPY OUTLOOK

As intra-day dlr's broad-based rebound has also
lifted the pair in Tokyo despite y'day's narrow
movement, suggesting consolidation abv Mon's 76.77
low wud continue n gain to 77.01 can't be ruled out
but reckon upside wud falter below 77.05/10.
Still favour selling on further rise for decline
fm 77.34 (Fri) to extend to 76.70/75 later today.

Range Forecast
76.85 / 77.00

Resistance/Support
R: 77.01 / 77.25 / 77.34
S: 76.77 / 76.61 / 76.35

Rate
76.90

Strategy/Entry Level
Sell at 77.00

Objective
76.75

Stop-Loss
77.10

Last Update At
11 Jan 2012 02:21 GMT

 

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

INTRA-DAY USD/JPY OUTLOOK

Although dlr has edged higher n gain twds 77.01
res cannot be ruled out, reckon 77.07/10 shud cap
upside n yield another leg of decline fm last Fri's
high of 77.34 for re-test of this week's low of 76.
77, below wud encourage for weakness to 76.58/61.
Still favour selling on further rise for early
fall fm 77.34 (Fri) to extend to 76.70/75 later.

Range Forecast
76.85 / 77.00

Resistance/Support
R: 77.01 / 77.25 / 77.34
S: 76.77 / 76.61 / 76.35

Rate
76.91

Strategy/Entry Level
Sell at 77.00

Objective
76.75

Stop-Loss
77.10

Last Update At
11 Jan 2012 06:10 GMT

 

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

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

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

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

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

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

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

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