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Forex Trades 02/02 - European session
[b][img]http://www.mataf.net/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.384
[b]Stop[/b]: 1.38
[b]Resistances[/b]: 1.4 - 1.395 - 1.386
[b]Supports[/b]: 1.357 - 1.37 - 1.381

[b][img]http://www.mataf.net/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/gbpusd"]GBP/USD - British Pound / US Dollar[/url][/b]
[b]Entry[/b]: 1.6155
[b]Stop[/b]: 1.611
[b]Resistances[/b]: 1.629 - 1.62 - 1.6175
[b]Supports[/b]: 1.608 - 1.6125 - 1.615

[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] ...

EURUSD Forecast
The EURUSD made a significant break above 1.3800 key resistance level yesterday and hit 1.3860 earlier today in Asian session. This fact gives us further validation to the bullish continuation scenario targeting 1.4000 even 1.4200 – 1.4300 area. On the downside, another consistent move back below 1.3800 could lead us to neutral zone in nearest term testing 1.3750/00 support area but overall I think the major scenario remains strongly bullish.



GBPUSD Forecast
The GBPUSD continued its bullish momentum yesterday after consistently move above 1.6057 and hit 1.6174 earlier today in Asian session. This fact gives ...

INTRA-DAY EUR/USD OUTLOOK

Last Update At 02 Feb 2011 04:29 GMT

Rate : 1.3850

Although euro has briefly risen abv o/n NY high
of 1.3843 to 1.3862 in Asia, nr term 'loss of momentum' shud prevent strg gain n reckon 1.3873/78 wud cap upside n bring a much-needed minor retreat, reckon 1.3800/05 wud contain weakness n bring rebound.

For st trade, sell on next upmove for 1.3830 or
buy if euro drops to 1.3810 1st for 1.3850.

Range Forecast
1.3835 / 1.3870

Resistance/Support
R: 1.3862/1.3873/1.3890
S: 1.3803/1.3760/1.3740

http://www.acetradefx.com

INTRA-DAY USD/JPY:

Last Update At 02 Feb 2011 02:20 GMT

Range Forecast
81.35 / 81.55

Resistance/Support
R: 81.77 / 81.91 / 82.26
S: 81.31 / 80.93 / 80.54

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INTRA-DAY EUR/USD:

Last Update At 02 Feb 2011 02:22 GMT

Range Forecast
1.3825 / 1.3855

Resistance/Support
R: 1.3853/1.3873/1.3890
S: 1.3803/1.3760/1.3740

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INTRA-DAY USD/CHF:

Last Update At 02 Feb 2011 02:22 GMT

Range Forecast
0.9340 / 0.9370

Resistance/Support
R: 0.9389/0.9411/0.9457
...