Intraday trading signal - page 12
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
thx ACE
I just stumbled across your thread, looks very insightful. Is there a particular time of day that you post
cheers
N
Recent Recommended Trades by AceTrader
*******************************************
Update Time: 06 Jan 2010 19:10GMT
WEEKLY SPOT GOLD OUTLOOK - +1140.00+
Despite gold's retreat fm last week's 1113.80
high, subsequent rebound fm 1085.80 has retained
our bullish prospect for corrective rise fm recent
temporary low at 1075.20 to extend gain to 1119.60
n then twd 1142.20, however, this move is viewed as
a correction of erratic decline fm 1226.60 n reckon
1168.80 wud cap upside n yield retreat later.
Trade fm long side with stop as indicated, be-
low wud risk possible re-test of 1075.20 low...
Rate: +1140.00+
Strategy: +Target met+
Position: Long at 1100.00
Objective: 1140.00
Stop-Loss:
Resistance: 1113.80/1119.60/1133.00
Support: 1085.80/1095.40/1075.20
*******************************************
Update Time: 06 Jan 2010 16:18GMT
DAILY GBP/JPY CROSS OUTLOOK - +148.40+
Stg's rebound after marginal weakness to 146.03
suggests fall fm this wk's 150.71 high has ended
there n upside bias is seen for gain twd 148.68.
Hold long with stop as indicated, below wud risk
possible re-test of said 146.03 sup later.
Rate: +148.40+
Strategy: +Target met+
Position: Long at 147.10
Objective: 148.40
Stop-Loss:
Resistance: 148.68/149.50/150.71
Support: 146.73/145.99/145.23
*******************************************
Update Time: 06 Jan 2010 16:07GMT
DAILY AUD/USD OUTLOOK - +0.9185+
Although A$ has retreated after y'day's marginal
gain to 0.9175, as long as 0.9057/60 holds, outlook
remains mildly bullish for recent upmove fm 0.8735
to head twd 0.9197 but loss of momentum shud cap
price at 0.9210/10 today n yield decline later.
Hold long with stop as indicated as break wud
confirm top is made n risks 0.9010.
Rate: +0.9185+
Strategy: +Target met+
Position: Long at 0.9100
Objective: 0.9185
Stop-Loss:
Resistance: 0.9175/0.9197/0.9210
Support: 0.9092/0.9068/0.9010
********************************************
GBP/USD Daily Outlook by AceTrader
INTRA-DAY GBP/USD:+1.5940+
Last Update At 08 Jan 2010 01:18 GMT
As cable has traded sideways in o/n NY session
after y'day's selloff to 1.5896, suggesting further
range-trading wud continue in Asia, reckon 1.5973
(previous sup) wud cap upside n yield retreat, how-
ever, below said sup needed to extend to 1.5865/70.
Sell on recovery for 1.5905 with stop as indica-
ted, abv may risk stronger retrace. to 1.6015/20.
Range Forecast
+1.5925 / 1.5956+
Resistance/Support
R: 1.5956/1.5973/1.6020
S: 1.5896/1.5868/1.5832
AUD/USD Market Outlook by AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9155
Last Update At 08 Jan 2010 06:59 GMT
As 0.9122 has contained y'day's strg retreat
fm 0.9268, present recovery suggests consolidation
with upside bias wud be seen for a bounce to 0.9180
/85 but reckon 0.9199 wud limit gain n yield sell-
off later today.
For st trade, buy on dips with stop as indicat-
ed, break wud risk stronger retrace. to 0.9092...
Range Forecast
0.9130 / 0.9160
Resistance/Support
R: 0.9164/0.9200/0.9219
S: 0.9122/0.9092/0.9034
Market Outlook by AceTrader
Market Review - 08/01/2010 21:54 All times in GMT
Dollars tumbles after disappointing U.S. jobs report
The greenback tumbled in U.S. session after release of a weaker-than-expected U.S. jobs report as market was preparing for a slightly improved non-farm payroll number over the previous one.
U.S. non-farm payrolls slumped 85K jobs in December after a revised increase of 4K in the previous month amid expectations for a flat reading, while the annual rate of unemployment held steady at 10.0% for the second consecutive month. The breakdown of the report showed manufacturing jobs fell 27K after slipping 35K in November, with government payrolls tumbling 21K after rising 4K in the previous month, while the participation rate weakened to 64.6% during the month from 64.9%. The soft jobs data is highly expected to force the Fed to keep the rate unchanged in the next FOMC.
The U.S. dollar swiftly tumbled across the board after the dismal data, although profit-taking helped the buck to stage a minor rebound near European closing, another wave of renewed selling pushed dollar lower again, the U.S. Dollar Index closed lower by -0.455% at 77.46.
Versus the yen, the greenback extended its recent rally to a fresh 4-month high of 93.78 in Australia but price retreated after Japan's PM Hatayama told reporters that stable forex is desirable. The pair nose-dived after the release of weaker-than-expected non-farm payroll and hit an intra-day low of 92.27 before staging a brief rebound in NY mid-session.
The single currency fell in Europe on worse-than-expected Eurozone record high unemployment rate which rose to a high of 10.9% (vs. forecast of 9.9%), this was the highest level since the launch of the euro currency in 1989. Price hit intra-day low of 1.4364 just before U.S. jobs data. However, euro rebounded strongly after the release of NFP. Despite a brief pullback to 1.4301, price rallied higher in New York afternoon session and reached intra-day high of 1.4440 on broad-based USD selloff.
Despite a brief dip to 1.5915 in Asia, cable showed apparent strength throughout the day due to weekend short-covering and price rose to intra-day high of 1.6112 after NFP. Although pound had a strong pullback to 1.5957 in NY mid-session, price managed to close the day up. In other news, U.K. December PPI data came out better than expected (core PPI rose by 0.7% m/m vs. expected 0.1%)
Data to be released next week include Swiss retail sales, Canada housing starts on Monday, Japan trade balance, U.K. trade balance Canada trade balance, U.S. trade balance on Tuesday, Japan Machine tools orders, Australia Westpac consumer confidence, Germany GDP, U.K. industrial production, manufacturing production, EU industrial production, U.S. Fed budget on Wednesday, Japan domestic CGPI, machine orders, Australia unemployment rate, Germany HICP final, EU ECB rate decision, U.S. Import price index, jobless claims, retail sales on Thursday, Swiss combined PPI, EU HICP final, trade balance, U.S. CPI, capacity utilisation, industrial production on Friday. Monday is a market holiday in Japan.
GBP/USD Daily Outlook by AceTrader
INTRA-DAY GBP/USD: +1.6085+
Last Update At 12 Jan 2010 02:56 GMT
Cable's intra-day weakness after penetrating
y'day's NY low at 1.6093 signals the erratic rise
fm 1.5896 (Thur) has ended at 1.6194 n consolida-
tion with downside bias remains for a strg retrace.
of this move, yield further weakness to 1.6035.
Lower short entry for this move n exit on next
fall as 1.6000/10 shud hold fm here.
Range Forecast
+1.6065 / 1.6095+
Resistance/Support
R: 1.6118/1.6179/1.6194
S: 1.6035/1.6000/1.5957
Daily Market Outlook by AceTrader
Market Review - 13/01/2010 22:08 All times in GMT
Dollar steadies after Fed's beige book
The greenback steadied on Wednesday while the yen fell broadly as investors concluded China's surprise hike of reserve ratio on Tuesday would not derail growth and the rebound in U.S. stocks attracted investors to move back to higher-yielding currencies.
The Fed released its Beige book in NY afternoon and reported that while economic activity remains at low levels in a majority of the areas covered by the survey, there were more signs of improvement.
Despite Tuesday's selloff to 90.73 versus the yen after China's central bank raised banks' reserve requirement by 0.5%, short-covering together with renewed cross selling in yen triggered a modest dollar rebound on Wednesday. The pair reached an intra-day high in NY afternoon before trading sideways.
Despite initial choppy trading in Asia, sterling took off after Bank of England policymaker Andrew Sentance said in a U.K. newspaper interview published on Wednesday that the central bank is close to holding back on its economic stimulus. Cable rallied to as high as high of 1.6309 in NY afternoon before stabilising.
Euro dipped briefly after German gross domestic product contracted by a record 5.0% last year, worse than forecasts for a 4.8% decline. However, the single currency rallied from there to a one-month high of 1.4580 in Europe mid-session before retreating to 1.4473 in NY afternoon. Despite intra-day volatility, euro managed to close up more than 0.15%. In other news, concerns about Greece's fiscal situation continued with U.S. ratings firm Moody's Investors Services saying that 2010 is likely to be challenging for European sovereign risk.
Data to be released on Thursday include Japan domestic CGPI, machine orders, Australia unemployment rate, Germany HICP final, EU ECB rate decision, U.S. Import price index, jobless claims, retail sales
USD/JPY Daily Market Outlook by AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
USD/JPY : 91.63
Last Update At 14 Jan 2010 02:57 GMT
Dlr's present firm breach of y'day's NY high of
91.56 due to intra-day active cross-selling in yen
suggests recent decline fm 93.78 has possibly ended
at 90.73 on Tuesday,abv 91.81 (prev. sup) wud bring
stronger retrace. of said fall to 92.00/10 later.
Turn long on dips for 91.80 n only below 91.10/
13 aborts nr term bullishness on the dlr.
Range Forecast
91.40 / 91.70
Resistance/Support
R: 91.81/92.00/92.43
S: 91.13/90.91/90.73
AceTrader - Best Intra-day Forex Trading Strategies