AceTrader - Best Intra-day Forex Trading Strategies
 

MEMBER LOGON

Username:  
Password:
  Subscribe | Forget password

PARTNER

FORUM

TESTIMONIALS

     
 

EXCELLENT JOB ON CALLING GOLD!!!
You guys are doing great...

Tim Henthorn

Very Impressive Trial. I will be taking out an intra-day sub soon. Thanks!

Peter Nash

The strategies that you provide are very concise and precise. I will keep following the signal. Thanks! Please keep up with the good work!

Inayat knan

I am impressed that the more fluctuation in the market, the better your performance! Keep going!

Saqib mahmood

As a trial user, I appreciate that the signals you provide are very accurate. I will subscribe to your monthly package. Thanks!

Abdul rehman

I have been following your commentaries on EUR for a consideration length of time. Your performance is excellent!

Wiqas Ali

AceTrader is the best signal provider that I have tried. Your performance is highly appreciated! Thanks a lot!

Abuzar javed

Precise commentaries, frequient updates, and detailed analysis! Good job, AceTrader!

Zaiq sultan Ali

Excellent intraday signals! thanks!!

Sheikh Mohammed nohman

Finally, I have found a good signal provider! You did a great job on intraday of major currencies.

Adeel malik

Although your performance was unstable last month, you performed much better than before this month! Please keep it up!

Hafsa hafiz

I am now more familiar with how to follow your analysis and strategies. It's different from before! Haha! Good Job!

Nafeesa moshtaq

 
     

SPECIAL OFFER


Click for details
Special 1-time Trial Offer ($40 USD)
Test drive our service for 2 weeks with no obligation.
 
     
 
 
     

WINNING TRADE

TRADE NOW

Update Time: 08 Dec 2023 01:03GMT

INTRA-DAY EUR/JPY OUTLOOK - +154.20+

Euro's intra-day selloff fm 155.71 (AUS) on re-
newed yen buying suggests the recovery fm y'day's
4-month bottom at 153.27 has possibly ended there n
downside bias remains for re-test of said sup but
break needed to extend fall fm 164.30 twd 153.00.

Trade fm short side for 154.20 1st as only abv
155.71 risks retracement back twd 156.40/45.
Rate: +154.20+
Strategy: +Target met+
Position: Short at 155.11
Objective: +154.20+
Stop-Loss:
<< Click for more >>    
 

MARKET REVIEW ON 11 Dec 2023 01:06 GMT

Dollar rises on stronger-tban-expected jobs data

The following report was added from Reuters. 
 
The dollar rose on Friday after new data showed U.S. job growth accelerated in November and the unemployment rate dropped, pointing to underlying strength in the labor market. 
 
The U.S. dollar index was last up 0.3% at 104.0, on track for a modest weekly gain after a bruising November, in which it shed 3%. The yen JPY=EBS was 0.52% lower against the dollar at 144.35, following its biggest rally in almost a year the day before. 
 
U.S. nonfarm payrolls added 199,000 jobs last month, the Labor Departmen ...
<< To see full content, please try our Trial offer. >>
 

MARKET MOVING NEWS

  
All times in GMT    
7 Dec 2023 01:57 USD/JPY - 146.90... Reuters reported Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will face an "even more challenging" situation in the year-end and start of next year, in response to a question about the economy and guidance of monetary policy. 
 
"The situation remains challen.....
6 Dec 2023 06:05 USD/JPY - 147.20... Reuters then reported Bank of Japan Deputy Governor Ryozo Himino said on Wednesday he did not have any preset schedule or prediction in mind on how soon the central bank could exit ultra-loose monetary policy. 
 
In a news conference in the southern Japanese city of Oita, Himino al.....
6 Dec 2023 05:46 USD/JPY - 147.21... Reuters news, BoJ's Deputy Governor Himino says : 
 
- don't have preset schedule in mind on exit from easy policy 
- inappropriate to set in advance sequence of ending various monetary easing means 
- aside from wage, price moves, must look at consumption, capex, overseas developmen.....
News items above are time-delayed, to get the latest news, please try our Trial offer.
 

ECONOMIC INDICATORS FOR 11/12/2023

All times in GMT    
Time Country Indicator Actual Forecast Range Previous Revised
0600 Japan Machine Tool Orders YY - Nov -13.6% N/A N/A -20.6%
<< To see full content, please try our Trial offer. >>
 

DAILY MARKET OUTLOOK

Update Time: 11 Dec 2023 08:47 GMT

USD/JPY - 146.25

Despite dollar's resumption of decline to a 4-month trough of 141.73 (Reuters) last Thurs, subsequent rally to 145.21 Fri, then higher today suggests a temporary bottom is made and gain towards 146.24/30 would be seen after consolidation before retreat occurs.  
  
On the downside, only daily close below 144.82 (NZ) risks weakness to 144.40/50, below would head to 144.15/20.
<< Please try our Trial offer. >>
 

WHY AceTrader?

20 years of history in providing forex market analysis and trading recommendations to institutional traders
True 24 hours real-time analysis for up-to-the-minute recommendations and analysis
Forecasting methodology used by professionals
Verifiable performance track record in our recommendations
Specially designed packages for forex traders of different styles and requirements
 
Facebook
Twitter
Bookmark and Share
 

DAILY GBP/USD TECHNICAL OUTLOOK

All times in GMT    
Last Update At 01/11/2023 03:16 GMT
Trend Daily Chart Daily Indicators 21 HR EMA 55 HR EMA
Sideways Rising 1.2147 1.2145
Trend Hourly Chart Hourly Indicators 13 HR RSI 14 HR DMI
Near term down Neutral 45 -ve
Daily Analysis
Consolidation with downside bias
Resistance Support
1.2233 - Hourly chart
1.2201 - Tue's high
1.2175 - Mon's high
1.2120 - Tue's low
1.2090 - Mon's low
1.2070 - Last Thur's low
. GBP/USD - 1.2141..Although cable rose fm 1.2138 in Asia to as high as 1.2201 in Europe on Tue, price erased intra-day gains n then tumbled to session lows of 1.2120 in NY on renewed usd's strength b4 recovering to 1.2155. . On the bigger picture, despite cable's brief break of 2016 post-Brexit low of 1.1491 to a near 35-year trough of 1.1412 in mid-Mar 2020 on safe-haven usd's dema.....
Click on the chart to enlarge image

charts offered by ProRealTime.com
 
<< To see more content, please try our Trial offer. >>

WHO WE ARE

AceTrader provides "up-to-the-minute" financial market commentaries and foreign exchange trading recommendations round the clock.

AceTrader is the internet operation of Trendsetter, a global specialist data provider who has been providing its users with real time commentaries and trading recommendations focusing on the foreign exchange market for over 20 years. A dedicated team 7 Analysts monitor the market and update recommendations and commentaries 20 hours a day.

Our coverage includes 20 different instruments with a primary focus on the foreign exchange market and Gold & Silver.

We accept payment by:

  |    Home  |  Contact Us  |  Subscribe  |  Site Map  |  Disclaimer  |  Risk Disclosure  |  Advertise with us  |  Top