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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD:0.8966

Last Update At 11 May 2010 06:12 GMT

Aud's retreat after meeting selling interest at
0.9031 n subsequent breach of minor sup at 0.8939 suggests the upmove fm 0.8711 has indeed formed a top at 0.9078 n fall twd 0.8939 is seen b4 prospect of a rebound due to nr term o/sold condition.


Abv 0.8991 wud prolong choppy trading but 0.9039 wud cap upside. Stand aside in the meantime.


Range Forecast
0.8939 / 0.8980


Resistance/Support
R: 0.8991/0.9039/0.9078
S: 0.8939/0.8920/0.8852

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INTRA-DAY USD/JPY:

Last Update At 11 May 2010 02:30 GMT

Range Forecast
92.90 / 93.20


Resistance/Support
R: 93.27/93.39/93.54
S: 92.69/92.30/92.01

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INTRA-DAY EUR/USD:

Last Update At 11 May 2010 04:10 GMT

Range Forecast
1.2690 / 1.2740


Resistance/Support
R: 1.2817/1.2880/1.2968
S: 1.2723/1.2690/1.2634

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INTRA-DAY USD/CHF:

Last Update At 11 May 2010 04:20 GMT

Range Forecast
1.1105 / 1.1245


Resistance/Support
R: 1.1126/1.1143/1.1184
S: 1.1076/1.1042/1.1007
...

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY


USD/JPY : 93.05

Last Update At 11 May 2010 02:30 GMT

Although dlr has eased after staging a brief
cross-inspired rebound fm 92.69 to around 93.27, as the retreat fm y'day's 93.54 high signals upmove fm last week's 2010 low at 87.95 has possibly formed a top, consolidation with downside bias is seen.

Below 92.69 wud yield weakness to 92.30/40 n
only abv 93.39 (AUS) may risk re-test of 93.54.



Range Forecast
92.90 / 93.20


Resistance/Support
R: 93.27/93.39/93.54
S: 92.69/92.30/92.01

http://www.acetraderfx.com

INTRADAY TRADING SIGNAL BY ACETRADER.COM: GBP/USD
GBP/USD: 1.4820

Late Update At 11 May 2010 02:56 GMT


As cable has remained under pressure after meeting renewed selling earlier at 1.4875 n breach of intra-day sup at 1.4819 (AUS) wud extend decline fm y'day's 1.5054 high to 1.4790/00, near term loss of momentum shud keep price abv 1.4760/64.

Wud be prudent to exit long n buy again on such decline but abv 1.4875 needed to extend twd 1.4900.

Range Forecast
1.4805 / 1.4845


Resistance/Support
R: 1.4887/1.4907/1.4948
S: 1.4819/1.4796/1.4764
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