INTRA-DAY USD/JPY, EUR/USD OUTLOOK

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

INTRA-DAY USD/JPY OUTLOOK

Despite dlr's near term sideways trading after
the rebound fm y'day's low of 83.02 to 83.55 in NY,
as long as said sup holds, consolidation with mild
upside bias remains for another rebound to 83.55/57
but abv needed to bring stronger gain to 83.76.
For st trade, buy on dips with stop as indicated,
break wud risk stronger retrace. to 82.86.

Range Forecast
83.20 / 83.50

Resistance/Support
R: 83.57 / 83.76 / 83.94
S: 83.02 / 82.86 / 82.65

Rate
83.43

Strategy/Entry Level
Buy at 83.20 for st trade

Objective
83.55

Stop-Loss
83.00

Last Update At
20 Mar 2012 04:02 GMT

 

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

INTRA-DAY USD/JPY OUTLOOK

Despite extending the selloff fm y'day's high of
84.10 to 83.14 in Tokyo morning, subsequent rebound
to 83.47 suggests consolidation with mild upside
bias wud be seen but abv 83.52/54 needed to signal
an intra-day low is made n yield gain to 83.76 res.
Below 83.14 may bring re-test of 83.02 sup but
reckon 82.81/86 wud remain intact. Stand aside.

Range Forecast
83.23 / 83.47

Resistance/Support
R: 83.52 / 83.76 / 84.10
S: 83.14 / 83.02 / 82.86

Rate
83.32

Strategy/Entry Level
Stand aside

Last Update At
22 Mar 2012 02:22 GMT

 

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

INTRA-DAY EUR/USD OUTLOOK

Current aussie-led retreat after the release of
weak China PMI data signals recovery fm y'day's low
of 1.3178 has possibly ended at 1.3245/46 n consoli
dation with downside bias wud be seen for weakness
to 1.3199/00, break wud bring re-test of said sup.
Sell on minor pullback with stop as indicated n
only abv 1.3257 wud abort n risk gain to 1.3265/70.

Range Forecast
1.3205 / 1.3235

Resistance/Support
R: 1.3257/1.3286/1.3291
S: 1.3210/1.3178/1.3142

Rate
1.3223

Strategy/Entry Level
Sell at 1.3235

Objective
1.3200

Stop-Loss
1.3250

Last Update At
22 Mar 2012 02:37 GMT

 

[acetraderfx]

INTRA-DAY USD/JPY OUTLOOK

INTRA-DAY USD/JPY OUTLOOK

Although dlr has rebounded after y'day's cross-
inspired selloff to 82.33 n minor consolidation wud
be seen in Asia, as long as 83.02 (prev. sup, now
res) holds, mild downside bias remains for recent
decline to re-test said o/n low later today.
Trade fm short side with stop as indicated, break
wud risk stronger gain to 83.14/18.

Range Forecast
82.51 / 82.90

Resistance/Support
R: 83.02 / 83.18 / 83.47
S: 82.33 / 81.97 / 81.87

Last Update At
23 Mar 2012 02:17 GMT

Rate
82.83

Position
Short at 82.75

Strategy/Entry Level
Hold short

Objective
82.45

Stop-Loss
82.95

 

[acetraderfx]

INTRA-DAY EUR/USD OUTLOOK

INTRA-DAY EUR/USD OUTLOOK

Current retreat after extending the rebound fm
y'day's low of 1.3134 to 1.3213 suggests an intra-
day top has possibly been made n risk has increased
for a pullback to 1.3185/90 but as long as 1.3173
sup holds, daily bullishness remains.
Below 1.3173 wud signal recovery is over instead
n yield resumption of fall fm 1.3286 to 1.3134.

Range Forecast
1.3190 / 1.3213

Resistance/Support
R: 1.3213/1.3254/1.3286
S: 1.3173/1.3144/1.3134

Last Update At
23 Mar 2012 02:18 GMT

Rate
1.3200

Strategy/Entry Level
Stand aside