All Blog Entries

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.3086

Late Update At 02 Aug 2010 06:11 GMT

As euro has continued to move higher, suggest-
ing pullback fm last week's high of 1.3107 has possibly ended at 1.2980 n a re-test of said res is likely but break is needed to extend recent uptrend to 1.3120/30 b4 correction due to loss of momentum.

Buy on dips with stop as indicated, below wud
prolong choppy trading n risk weakness to 1.3000.


Range Forecast
1.3060 / 1.3094


Resistance/Support
R: 1.3094/1.3107/1.3144
S: 1.3027/1.3001/1.2980

http://www.acetraderfx.com

Forex Trades 08/02 - European session
[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]: 1.0265
[b]Stop[/b]: 1.0285
[b]Resistances[/b]: 1.0395 - 1.0345 - 1.0305
[b]Supports[/b]: 1.0185 - 1.0225 - 1.0255

[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/usdchf"]USD/CHF - US Dollar / Swiss Franc[/url][/b]
[b]Entry[/b]: 1.04
[b]Stop[/b]: 1.044
[b]Resistances[/b]: 1.056 - 1.047 - 1.044
[b]Supports[/b]: 1.026 - 1.031 - 1.036

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

INTRA-DAY USD/JPY:

Last Update At 02 Aug 2010 02:35 GMT

Range Forecast
86.30 / 86.60


Resistance/Support
R: 86.73 / 86.98 / 87.19
S: 86.15 / 85.95 / 85.86

-----------------
INTRA-DAY EUR/USD:

Last Update At 02 Aug 2010 02:38 GMT

Range Forecast
1.3060 / 1.3090


Resistance/Support
R: 1.3094/1.3107/1.3144
S: 1.3027/1.3001/1.2980

-----------------
INTRA-DAY USD/CHF:

Last Update At 02 Aug 2010 02:41 GMT

Range Forecast
1.0400 / 1.0430


Resistance/Support
R: 1.0438/1.0467/1.0502
S: 1.0392/1.0362/1.0337 ...

[B]Bias: [/B] While 86.72 caps we should see progress below 85.80-94 and to the final 84.65-82 target

The decline extended to the high end of the 85.80-96 support area from where we saw the expected correction. I feel we should now see early consolidation above 86.05-12 and below 86.60-70. Once complete the decline can resume for 85.48-80, see a small correction and then extend losses to the 84.65-82 target. Look for bullish trade set ups in this support area for a complete reversal higher.

Only an earlier break above 86.75 & 87.20 would concern and break the bearish sequence I am following. Take note of the 87.37-55 levels also. If this then pushes back above the 88.11 corrective high it would imply a move back ...

Attached Files

• The Brief Daily Forecaster.pdf (27.9 KB, 83 次查看)