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INTRA-DAY EUR/USD OUTLOOK

Last Update At 04 Nov 2010 09:48 GMT

Rate : 1.4253

As euro has risen again after a brief pullback,
suggesting intra-day resumption of upmove is likely to extend to 1.4270/75, abv wud yield marginal gain but nr term o/bot condition is likely to cap price below 1.4300/10 n bring correction later today.


Raise long entry for this move n only a firm
breach of 1.4200 signals temp. top made, 1.4150/60.


Range Forecast
1.4230 / 1.4265

Resistance/Support
R: 1.4267/1.4283/1.4314
S: 1.4200/1.4147/1.4103

http://www.acetraderfx.com

INTRA-DAY USD/JPY:

Last Update At 04 Nov 2010 07:47 GMT

Range Forecast
80.95 / 81.23

Resistance/Support
R: 81.23 / 81.60 / 81.99
S: 80.75 / 80.59 / 80.21

-------------------------

INTRA-DAY EUR/USD:

Last Update At 04 Nov 2010 08:36 GMT

Range Forecast
1.4185 / 1.4225

Resistance/Support
R: 1.4228/1.4256/1.4267
S: 1.4147/1.4103/1.4066

--------------------------

INTRA-DAY USD/CHF:

Last Update At 04 Nov 2010 08:40 GMT

Range Forecast
0.9660 / 0.9695

Resistance/Support
R: 0.9702/0.9737/0.9758
...

Forex Trades 11/04 - 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]: 1.413
[b]Stop[/b]: 1.407
[b]Resistances[/b]: 1.42 - 1.418 - 1.4145
[b]Supports[/b]: 1.387 - 1.4 - 1.41

[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/usdcad"]USD/CAD - US Dollar / Canadian Dollar[/url][/b]
[b]Entry[/b]: 1.007
[b]Stop[/b]: 1.011
[b]Resistances[/b]: 1.0155 - 1.0115 - 1.0095
[b]Supports[/b]: 1.001 - 1.0045 - 1.007

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

[B]American Unemployment Claims, US Preliminary Nonfarm Productivity, Preliminary Unit Labor Costs and rate decisions in the Euro-Zone and Britain are today’s market movers. Here is an outlook on the major events ahead.[/B]

In the US, American Unemployment Claims dropped more than than expected to 434K from 455K in the week before. This encouraging decrease in this major weekly indicator gave a positive shift in the market last week. A drop below 430K will signal a real positive transition in the Job market though claims have wavered around 450,000 for most of this year with several drops below this figure but they have always rebounded in subsequent weeks. A small rise to 437K is expected to continue the optimistic ...