EUR/USD Intra-day signal by AceTrader

INTRA-DAY EUR/USD OUTLOOK

Last Update At
23 Nov 2010 04:35 GMT

Rate : 1.3583

Despite euro's rebound after extending y'day's
selloff fm 1.3786 to 1.3545 in Asian morning n side
ways trading is now envisaged, abv 1.3600/05 needed
to signal aforesaid fall has made a minor low there
n bring retracement twd 1.3633 b4 another decline.

Below 1.3545 wud yield marginal weakness but
loss of momentum wud keep euro abv 1.3525.

Range Forecast
1.3560 / 1.3590

Resistance/Support
R: 1.3633/1.3663/1.3723
S: 1.3545/1.3510/1.3460
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At
24 Nov 2010 04:24 GMT

Rate : 1.3397

Although euro's rebound in Asian morning to 1.34
19 after extending recent decline to 1.3359 (AUS)
earlier suggests a temp. low is in place n sideways
trading is envisaged, reckon recovery wud falter
below 1.3446 (prev. low) n yield retreat.

Sell on further rise n exit on decline as below
said sup needed to extend to 1.3330/34 later.

Range Forecast
1.3385 / 1.3425

Resistance/Support
R: 1.3446/1.3481/1.3526
S: 1.3359/1.3334/1.3305
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At
26 Nov 2010 04:10 GMT

Rate : 1.3327

Although y'day's rebound fm 1.3287 to 1.3389 sug
gests further 'choppy' trading abv Wed's 2-mth low
at 1.3284 wud continue, subsequent strg retreat has
pressured euro back to 1.3317 in Asia, suggesting
marginal weakness to 1.3307/10 can't be ruled out.

On the upside, abv 1.3360/65 signals intra-day
low is made, 1.3389 again. Stand aside for now.

Range Forecast
1.3317 / 1.3345

Resistance/Support
R: 1.3389/1.3422/1.3446
S: 1.3307/1.3284/1.3269
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At
30 Nov 2010 04:54 GMT

Rate : 1.3102

Despite euro's retreat fm 1.3151 to 1.3075, cur-
rebound after holding abv y'day's low of 1.3064 sug
gests choppy sideways trading wud continue n a
bounce to 1.3125/30 cannot be ruled out, however,
res at 1.3151 shud cap upside n yield another fall.

Wud be prudent to exit short n stand aside for
now. Below 1.3075 signbals decline resumes, 1.3040.

Range Forecast
1.3075 / 1.3115

Resistance/Support
R: 1.3151/1.3182/1.3200
S: 1.3064/1.3020/1.3000
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At
01 Dec 2010 04:17 GMT

Rate : 1.3013

Current breach of Asian high of 1.3003 suggests
further choppy consolidation abv y'day's low of
1.2969 wud continue with upside bias n gain to 1.30
30 n possibly twds 1.3047 is likely, however, rec-
kon 1.3064 shud cap upside n yield retreat.

Suggest to raise long entry with stop as indica-
ted, break wud defer n risk one more fall to 1.2949

Range Forecast
1.2990 / 1.3030

Resistance/Support
R: 1.3047/1.3064/1.3100
S: 1.2969/1.2949/1.2919
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At
02 Dec 2010 05:55 GMT

Rate : 1.3115

Euro's intra-day retreat to 1.3087 suggests
choppy trading below y'day's high of 1.3183 wud con
tinue, caution is advised on our intra-day low n
price needs to hold abv 1.3080/87 for prospect of a
rebound to 1.3150, abv yields re-test of said res.

Trade fm long side with stop as indicated, break
wud risk stronger pullback twds 1.3047 sup b4 up.

Range Forecast
1.3087 / 1.3120

Resistance/Support
R: 1.3150/1.3183/1.3215
S: 1.3087/1.3047/1.3023
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At
06 Dec 2010 04:36 GMT

Rate : 1.3352

Euro's intra-day selloff fm 1.3452 (NZ) to 1.33
34 in Asia suggests the strg upmove fm 1.2969 (Tue)
has formed a temp. top there n as long as 1.3365/70
holds, consolidation with near term downside bias
remains, below 1.3334 wud extend to 1.3310/20.

Turn cautious seller on recovery n only abv 1.33
87 signals pullback fm 1.3452 possibly over, 1.3403

Range Forecast
1.3335 / 1.3365

Resistance/Support
R: 1.3387/1.3403/1.3452
S: 1.3320/1.3302/1.3270
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At
14 Dec 2010 04:04 GMT

Rate : 1.3387

Euro's retreat fm 1.3401 in Asia suggests fur-
ther sideways trading below y'day's top at 1.3434
wud continue, however, reckon 1.3345/50 wud contain
pullback n bring rebound but abv said res needed to
yield re-test of last Mon's high at 1.3452 later.

Buy euro on dips for this move n only below 1.33
23 (previous res) wud abort intra-day bullishness.

Range Forecast
1.3365 / 1.3400

Resistance/Support
R: 1.3434/1.3452/1.3471
S: 1.3368/1.3323/1.3283
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At
16 Dec 2010 04:32 GMT

Rate : 1.3213

Although euro has fallen after meeting renewed
selling earlier in Asia at 1.3236, below y'day's NY
low at 1.3208 needed to extend this week's fall fm
1.3500 twd 1.3182, nr term 'loss of momentum' shud
keep price abv previous good sup at 1.3164.

For st trade, buy on next decline for 1.3220 or
sell if euro recovers to 1.3245 for 1.3210.

Range Forecast
1.3208 / 1.3235

Resistance/Support
R: 1.3285/1.3336/1.3378
S: 1.3208/1.3182/1.3164
 
INTRA-DAY EUR/USD OUTLOOK

Last Update At 17 Dec 2010 04:05 GMT

Rate : 1.3290

Euro's intra-day rise abv y'day's high at 1.3266
confirms this week's selloff fm 1.3500 has ended at
1.3181 y'day n upside bias remains for further gain
to 1.3305/10, however, nr term o/bot condition is
likely to cap price at 1.3336/40 n bring retreat.

Raise long entry for this move n only below 1.32
30/35 wud abort intra-day bullishness on euro.

Range Forecast
1.3270 / 1.3300

Resistance/Support
R: 1.3303/1.3336/1.3378
S: 1.3266/1.3230/1.3207
 
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