AceTraderfx Sept 23 : Daily Market Outlook on Asian Exotics USD/KRW

[acetraderfx]

DAILY USD/KRW OUTLOOK - 1075.6
23 Sep 2013 05:39GMT

As usd has remained under pressure after the resumption of fall fm 1163.5 (Jul), suggesting down-
side bias is seen for further losses to 1069.8.

Trade fm short side with stop as inidcated, abv wud risk stronger gain to 1082.0, 1086.8.

STRATEGY : Short at 1075.4

POSITION : Short at 1075.4

OBJECTIVE : 1070.0

STOP-LOSS : 1078.4

RES : 1078.3/1082.0/1086.8

SUP : 1069.8/1056.4/1054.5

 

[acetraderfx]

AceTraderFx Oct 2 : Daily outlook on Asian Exotics - USD/KRW

DAILY USD/KRW OUTLOOK - 1074.5
02 Oct 2013 01:03GMT

Present breach of y'day's low at 1073.3 suggests
consolidation with downside bias wud be seen for a
re-test of Sep's low at 1069.8, break, 1067.0.

Sell on recovery with stop as indicated n only
abv 1077.8 wud abort n risk gain to 1079.2.

STRATEGY : Short at 1074.5

POSITION : Short at 1074.5

OBJECTIVE : 1070.0

STOP-LOSS : 1076.5

RES : 1077.8/1079.2/1082.0

SUP : 1072.1/1069.8/1056.4

 

[acetraderfx]

AceTraderFx Oct 4 : Daily Market Outlook on Asian Exotics USD/KRW

DAILY USD/KRW OUTLOOK - 1072.4
04 Oct 2013 00:01GMT

Usd's gap-down open n retreat to 1072.0 suggests
consolidation with downside bias remains to re-test
Sep's low at 1069.8, break extends to 1066.0.

Sell on recovery with stop as indicated n only
abv 1077.8 aborts bearishness, risks 1079.2.

STRATEGY : Sell at 1074.5

OBJECTIVE : 1070.0

STOP-LOSS : 1076.5

RES : 1077.8/1079.2/1082.0

SUP : 1072.0/1069.8/1056.4

 

[acetraderfx]

AceTraderFx Oct 11 : Daily Market Outlook on - USD/KRW

DAILY USD/KRW OUTLOOK - 1070.9
11 Oct 2013 05:48GMT

Despite y'day's rise to 1077.0, present retreat
suggests recovery fm Mon's 1068.5 low has ended
there n downisde bias remains to re-test said sup.

Stand aside n look to sell on pullback as only
abv 1077.8 aborts n risks retrace. to 1079.2.

STRATEGY : Stand aside

RES : 1077.8/1079.2/1082.0

SUP : 1068.5/1066.0/1062.6

 

[acetraderfx]

AceTraderFx Oct 15 : Daily Market ouotlook on Asian Exotic USD/KRW

AceTraderFx Oct 15 : Daily Market ouotlook on Asian Exotic USD/KRW
DAILY USD/KRW OUTLOOK - 1068.9
15 Oct 2013 00:07GMT

Present re-test of last Mon's nr 9-month low at
1068.5 signals erratic fall fm 1163.5 has resumed n
further weakness to 1066.0 is seen b4 rebound.

Sell on recovery with stop as indicated n only
abv 1074.7 wud abort, risk retrace. to 1077.0.

STRATEGY : Sell at 1071.5

OBJECTIVE : 1067.5

STOP-LOSS : 1073.5

RES : 1074.7/1077.0/1079.2

SUP : 1068.5/1066.0/1062.8

 

[acetraderfx]

AceTraderFx Oct 21: Daily Outlook on Asian Exotic - USD/KRW

DAILY USD/KRW OUTLOOK - 1062.5
21 Oct 2013 03:02GMT

Despite intra-day rebound fm fresh 9-mth low at
1059.9, as long as 1063.7 holds, downside bias re-
mains for one more fall, below 1059.9, 1056.4.

Trade fm short side with stop as indicated n only
abv 1066.6 aborts bearishness, risks 1069.8.


STRATEGY : Short at 1062.0

POSITION : Short at 1062.0

OBJECTIVE : 1058.0

STOP-LOSS : 1064.0

RES : 1066.6/1069.8/1074.7

SUP : 1059.9/1056.4/1054.5

 

[acetraderfx]

AceTraderFx Oct 22: Daily outlook on USD/KRW

DAILY USD/KRW OUTLOOK - 1061.8
22 Oct 2013 02:28GMT

Despite y'day's rebound fm a fresh 9-mth low at
1059.9, as long as 1063.7 holds, downside bias re-
mains for one more fall, below 1059.9, 1056.4.

Trade fm short side with stop as indicated n only
abv 1066.6 aborts bearishness, risks 1069.8.


STRATEGY : Short at 1062.0

POSITION : Short at 1062.0

OBJECTIVE : 1058.0

STOP-LOSS : 1064.0

RES : 1066.6/1069.8/1074.7

SUP : 1059.9/1056.4/1054.5

 

[acetraderfx]

AceTraderFx Oct 23 : Daily outlook on Asian Exotic USD/KRW

DAILY USD/KRW OUTLOOK - 1055.8
23 Oct 2013 02:29GMT

Present breach of Mon's 9-mth low at 1059.8 sig
nams MT decline remains in force n further weakness
to 1054.5, then 1051.0 is envisaged.

Trade fm short side with stop now as indicated n
only abv 1060.1 aborts n risks retrace. to 1066.6.


STRATEGY : Short at 1057.7

POSITION : Short at 1057.7

OBJECTIVE : 1053.0

STOP-LOSS : 1059.0

RES : 1060.1/1066.6/1069.8

SUP : 1056.4/1054.5/1051.0

 

[acetraderfx]

AceTraderFx Oct 29 : Daily Market Outlook on Asian Exotic USD/KRW

DAILY USD/KRW OUTLOOK - 1061.0
29 Oct 2013 05:52GMT

Despite Fri's fall to fresh 9-mth low at 1054.3,
subsequent strg rebound suggests a temp. low has
been made n retrace. to 1066.6 is seen.

Hold long with stop as indicated n only below
1054.3 wud abort n risk weakness to 1051.0.

STRATEGY : Long at 1061.0

POSITION : Long at 1061.0

OBJECTIVE : 1065.0

STOP-LOSS : 1059.0

RES : 1066.6/1069.2/1071.5

SUP : 1054.3/1051.0/1049.8

 

[acetraderfx]

AceTraderFx Nov 5 : Daily Outlook on Asian Exotic USD/KRW

DAILY USD/KRW OUTLOOK - 1062.2
05 Nov 2013 03:04GMT

Usd's rebound fm Oct's 9-mth low at 1054.3 sug-
gests upside bias remains for a minor retrace. to
1066.6 but res 1069.2 wud hold n yield retreat.

Hold long for this move n only a daily close
below 1060.7 may risk weakness to 1057/58 later.


STRATEGY : Long at 1062.5

POSITION : Long at 1062.5

OBJECTIVE : 1066.5

STOP-LOSS : 1060.00

RES : 1066.6/1069.2/1071.5

SUP : 1060.7/1054.3/1051.0