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INTRA-DAY USD/JPY:

Last Update At 09 Jul 2010 04:05 GMT

Range Forecast
88.50 / 88.80


Resistance/Support
R: 88.77 / 89.06 / 89.46
S: 88.27 / 88.00 / 87.83

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INTRA-DAY EUR/USD:

Last Update At 09 Jul 2010 02:33 GMT

Range Forecast
1.2665 / 1.2700


Resistance/Support
R: 1.2713/1.2765/1.2784
S: 1.2652/1.2620/1.2586

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INTRA-DAY USD/CHF:

Last Update At 09 Jul 2010 02:36 GMT

Range Forecast
1.0495 / 1.0525


Resistance/Support
R: 1.0529/1.0564/1.0600 ...

INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8750

Last Update At 09 Jul 2010 01:00 GMT

As aud has rebounded after y'day's retreat fm
0.8792 to 0.8692 (NY), suggesting recent upmove fm 0.8315 wud resume after initial consolidation in Asia, abv said res wud extend gain to 0.8810/20 but oss of momentum wud cap price at 0.8830/35.

Raise long entry for this move with stop as indi
cated n only below 0.8692 confirms top is made.

Range Forecast
0.8750 / 0.8780

Resistance/Support
R: 0.8792/0.8834/0.8860
S: 0.8726/0.8692/0.8664

http://www.acetraderfx.com

Market Review - 08/07/2010 22:08 GMT

Euro rises to a two-month high on Trichet 's optimistic comments

Despite euro's initial pullback to 1.2620 in Australia, the single currency extended recent rise and climbed abv Wednesday's high of 1.2665 to 1.2688 in Asia on speculation stress tests for European banks will ease concerns about the health of the region's financial system. Although euro retreated to 1.2634 , active cross-buying in euro lifted the single currency again and rose to 1.2702 in NY morning after ECB President Trichet's optimistic comments. He said at a press conference that ECB interest rates remain appropriate and data suggested eurozone economic recovery continued in early 2010. He expected that the ...

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.2653

Late Update At 08 Jul 2010 04:45 GMT

Euro has finally eased after intra-day rise to a
7-week high of 1.2688 in Asia due to active cross-buying of euro esp vs yen n expect minor consolidation b4 further gain twd 1.2710 is seen, however,
reckon 1.2735/40 wud hold fm here.

Buy on dips for this move n only firm breach of
1.2620 (AUS) confirms intra-day top is made.


Range Forecast
1.2645 / 1.2675


Resistance/Support
R: 1.2693/1.2710/1.2765
S: 1.2620/1.2604/1.2586

http://www.acetraderfx.com