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Posts by "acetraderfx"
5 Posts Total by "acetraderfx":
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Posts by Anonymous "acetraderfx":
USD/JPY : 76.65
Last Update At 31 Aug 2011 00:23 GMT
Although price is expected to move narrowly
inside early relatively broad range of 76.50-77.07
in Tokyo session, as long as near term good sup at
76.47/50 holds, consolidation with mild upside bias
remains for another bounce twd 77.02/07 later.
Buy again for this move n only firm breach of
said sup wud risk subsequent weakness twd 76.25.
Range Forecast
76.61 / 76.85
Resistance/Support
R: 76.89 / 77.07 / 77.27
S: 76.47 / 76.25 / 75.95
Last Update At 25 Aug 2011 06:40 GMT
Rate : 1.4430
Despite euro's selloff fm y'day's high of 1.4482
to 1.4389 in NY session, intra-day rebound fm Asian
low of 1.4390 suggests further 'choppy' sideways
move wud continue n recovery to 1.4430/40 is likely
b4 prospect of another retreat later.
For st trade, buy dips for 1.4430 or sell there
for 1.4390. Below 1.4376 wud extend twd 1.4347.
Range Forecast
1.4390 / 1.4421
Resistance/Support
R: 1.4428/1.4447/1.4482
S: 1.4376/1.4347/1.4305
USD/JPY : 76.85
Last Update At 22 Aug 2011 23:06 GMT
Despite dlr's narrow move in Europe n NY after
y'day's spike to 77.22, as long as nr term good sup
area at 76.57-67 holds, consolidation with upside
bias remains, abv 77.22/30 needed to extend Fri's
rise fm a record low of 75.95 to 77.55/60.
Raise long entry for 77.05 n only below said sup
area may risk stronger retrace. to 76.30/40.
Range Forecast
76.70 / 77.00
Resistance/Support
R: 77.21 / 77.30 / 77.60
S: 76.57 / 76.25 / 75.95
Last Update At 18 Aug 2011 05:38 GMT
Rate : 1.4403
Although euro has rebounded due to cross buying
versus chf after early brief drop to 1.4384 n conso
lidation with mild upside bias wud be seen, breach
of 1.4440 needed to confirm an intra-day low has
been made n yield rebound to 1.4456.
Below 1.4384 wud extend decline fm y'day's high
of 1.4517 to 1.4354 b4 recovery. Stand aside.
Range Forecast
1.4390 / 1.4430
Resistance/Support
R: 1.4422/1.4456/1.4477
S: 1.4384/1.4354/1.4325
USD/JPY : 76.69
Last Update At 17 Aug 2011 02:30 GMT
Although intra-day cross buying in yen has kept
dlr under minor pressure in Tokyo, as price is
expected to continue moving sideways today, reckon
sup at 76.52 (Fri's low) wud remain intact n yield
subsequent bounce to 77.00.
Hold long for this move n exit on such rise as
res at 77.10 shud cap upside, yield another fall.
Range Forecast
76.66 / 76.83
Resistance/Support
R: 76.93 / 77.10 / 77.30
S: 76.60 / 76.52 / 76.31