INTRADAY AUD/USD TRADING SIGNAL BY ACETRADER.COM
Posted 07-02-2009 at 09:14 PM by AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: +0.7945+
http://www.acetraderfx.com
Last Update At 03 Jul 2009 00:50 GMT
Although aud has remained under pressure in Aus-
tralia after o/n selloff due to very weak U.S. pay-
roll report, o/sold condition is likely to limit
weakness to 0.7890/00 n bring recovery.
Still favour selling on pullback for this move n
exit on decline as minor sup at 0.7853 shud hold
in Asia. Only abv 0.7984 signals temp. low, 0.8024.
Range Forecast
+0.7910 / 0.7945+
Resistance/Support
R: 0.7984/0.8024/0.8109
S: 0.7895/0.7853/0.7790
AUD/USD: +0.7945+
http://www.acetraderfx.com
Last Update At 03 Jul 2009 00:50 GMT
Although aud has remained under pressure in Aus-
tralia after o/n selloff due to very weak U.S. pay-
roll report, o/sold condition is likely to limit
weakness to 0.7890/00 n bring recovery.
Still favour selling on pullback for this move n
exit on decline as minor sup at 0.7853 shud hold
in Asia. Only abv 0.7984 signals temp. low, 0.8024.
Range Forecast
+0.7910 / 0.7945+
Resistance/Support
R: 0.7984/0.8024/0.8109
S: 0.7895/0.7853/0.7790
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Bio: Trendsetter commentaries on DLR/DMK first appeared on Reuters page AABB in 1984. Since then, Trendsetter has come a long way. As a global specialist data provider, their coverage now extends to more than 20 different instruments with a primary focus on the Foreign Exchange market, serving a wide range of users from professional investors, corporations, and top-tier banks in over 60 countries. Forex dealers in the world's leading banks now regularly use Trendsetter's trading recommendations.
Trading Methodology: "Dynamic Trading Approach" is the technical analysis methodology that was developed in-house by Wilson Leung and Trendsetters analysts throughout the years. It has been time-tested and is used by their clients, which include banks in over 60 countries, through the Reuters network. It enables them to identify emerging trends early on, often capturing highs or lows, and helps their users trade with the new trend before others notice it.
Dynamic Trading Approach is a synergic combination of:
Trading Methodology: "Dynamic Trading Approach" is the technical analysis methodology that was developed in-house by Wilson Leung and Trendsetters analysts throughout the years. It has been time-tested and is used by their clients, which include banks in over 60 countries, through the Reuters network. It enables them to identify emerging trends early on, often capturing highs or lows, and helps their users trade with the new trend before others notice it.
Dynamic Trading Approach is a synergic combination of:
- Trend analysis and pattern recognition
- Trend following indicators and oscillators (includes Exponential Moving Averages, Bollinger Bands, MACD, DMI, ADX, RSI & Stochastics)
- Retracements and projections
- Elliott Wave Theory
