AceTrader Aug 6 : Daily Outlook on Asian Exotics USD/KRW

[acetraderfx]

DAILY USD/KRW OUTLOOK - 1115.5
06 Aug 2013 05:40GMT

Usd's breach of prev. low at 1113.6 suggests
fall fm last week's top at 1127.5 wud yield further
weakness but sup at 1108.7 wud remain intact.

Trade fm short side with stop as indicated, abv
wud signal a temp. low is made, 1119.3.

STRATEGY : Short at 1114.0

POSITION : Short at 1114.0

OBJECTIVE : 1110.0

STOP-LOSS : 1116.5

RES : 1116.0/1119.3/1122.4

SUP : 1108.7/1105.0/1100.0

 

[acetraderfx]

AceTraderFx Aug 20, 2013 : Weekly Market Outlook on Asian Exotics USD/KRW

WEEKLY USD/KRW OUTLOOK - 1115.0
19 Aug 2013 06:13GMT

Despite usd's retreat fm 1121.2 to 1111.4, sub-
sequent rebound suggests decline fm 1163.5 (Jun)
has made a low at 1108.0, abv 1121.2, 1127.5.

Exit short n stand aside. Only below 1111.4 wud
revive bearishness for re-test of 1108.0.

STRATEGY : Exit short

POSITION : Short at 1119.0

RES : 1121.2/1127.5/1129.0

 

[acetraderfx]

AceTraderfx Sept 16 : Daily Market Outlook on Asian Exotics USD/KRW

DAILY USD/KRW OUTLOOK - 1082.3

16 Sep 2013 00:02GMT

Despite usd's rebound fm 1081.5 to 1088.3 (last
fri), subsequent retreat suggests consolidation
with downside bias is seen for re-test of said lvl.

Stand aside and look to sell on recovery, only
abv 1089.7 wud risk stronger gain to 1093.8.


STRATEGY : Stand aside

RES : 1088.3/1089.7/1093.8

SUP : 1081.5/1079.9/1076.6