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INTRA-DAY EUR/USD OUTLOOK

Last Update At 25 Aug 2011 06:40 GMT

Rate : 1.4430

Despite euro's selloff fm y'day's high of 1.4482
to 1.4389 in NY session, intra-day rebound fm Asian
low of 1.4390 suggests further 'choppy' sideways
move wud continue n recovery to 1.4430/40 is likely
b4 prospect of another retreat later.

For st trade, buy dips for 1.4430 or sell there
for 1.4390. Below 1.4376 wud extend twd 1.4347.

Range Forecast
1.4390 / 1.4421

Resistance/Support
R: 1.4428/1.4447/1.4482
S: 1.4376/1.4347/1.4305

http://www.acetraderfx.com

INTRA-DAY EUR/USD OUTLOOK

Last Update At 25 Aug 2011 06:40 GMT

Rate : 1.4430

Despite euro's selloff fm y'day's high of 1.4482
to 1.4389 in NY session, intra-day rebound fm Asian
low of 1.4390 suggests further 'choppy' sideways
move wud continue n recovery to 1.4430/40 is likely
b4 prospect of another retreat later.

For st trade, buy dips for 1.4430 or sell there
for 1.4390. Below 1.4376 wud extend twd 1.4347.

Range Forecast
1.4390 / 1.4421

Resistance/Support
R: 1.4428/1.4447/1.4482
S: 1.4376/1.4347/1.4305

http://www.acetraderfx.com

Market Review - 24/08/2011 21:57 GMT

Dollar advances broadly on speculation Fed won't provide more stimulus

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Market Review - 23/08/2011 21:56 GMT

Dollar falls on hopes of further monetary easing from Fed

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Versus the Japanese yen, although the greenback rose initially to 76.93 in Australian morning, the pair ratcheted lower in European session on dollar's broad-based weakness and dropped to ...