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: 22 Feb 2020 03:19GMT

INTRA-DAY GBP/USD OUTLOOK - +1.2980+

Cable's intra-day firm break abv indicated res
at 1.2928/29 after a pullback to 1.2909 suggests
recent decline has made a low at Thur's 2-1/2 month
trough at 1.2849 n stronger gain twd 1.2985 is now
envisaged, break is needed to extend twd 1.3001.

Trade fm long side for 1.2980 next n only below
1.2925/29 signals top possibly made, 1.2904/09.
Rate: +1.2980+
Strategy: +Target met+
Position: Long at 1.2930
Objective: 1.2980
Stop-Loss:
<< Click for more >>    
 

MARKET REVIEW ON 22 Feb 2020 03:27 GMT

Dollar drops broadly as downbeat U.S. services PMI triggers long liquidation

The greenback snapped its recent winning streak and ended lower across the board on Friday due to selloff in the dollar in New York session after release of downbeat U.S. services PMI data, where the services sector dropped below the 50 mark, suggesting contraction in the economy. 
 
Reuters reported U.S. business activity in both the manufacturing and services sectors stalled in February as companies have grown increasingly concerned about the coronavirus, a survey of purchasing managers showed Friday.  
 
The IHS Markit flash services sector P ...
<< To see full content, please try our Trial offer. >>
 

MARKET MOVING NEWS

  
All times in GMT    
21 Feb 2020 15:15 USD/MAJORS... Reuters reported given low interest rates and low inflation that's less sensitive than in the past to changes in the labor market, the Federal Reserve will need to act proactively and aggressively to counter future downturns, Governor Lael Brainard said on Friday. 
 
Brainard's call for .....
21 Feb 2020 15:00 USD/MAJORS... Reuters reported U.S. home sales fell in January, but the constraint from tight supply could ease as building permits and the number of homes under construction at levels last seen nearly 13 years ago. 
 
The National Association of Realtors said on Friday existing home sales declined 1......
21 Feb 2020 14:47 Continues from previous update... 
 
The manufacturing sector barely escaped a slip into contraction, with the flash reading there at 50.8, the lowest since August and down from 51.9 in January. Economists had forecast a reading of 51.5, according to the Reuters poll. 
 
.....
News items above are time-delayed, to get the latest news, please try our Trial offer.
 

ECONOMIC INDICATORS FOR 24/02/2020

All times in GMT    
Time Country Indicator Actual Forecast Range Previous Revised
2145 New Zealand Retail Sales Ex-Autos QQ - Q4 N/A N/A 1.8%
2145 New Zealand Retail Sales QQ - Q4 N/A N/A 1.6%
0030 Australia Capital Expenditure - Q4 0.4% -1.5/1.5 -0.2%
China Industrial Production YY - Jan N/A N/A 6.9%
China Retail Sales YY - Jan N/A N/A 8.0%
0900 Germany Ifo Business Climate - Feb 95.1 92.5/95.7 95.9
<< To see full content, please try our Trial offer. >>
 

DAILY MARKET OUTLOOK

Update Time: 21 Feb 2020 08:06 GMT

USD/JPY - 111.69

Although dollar has eased after rally from Wednesday's 109.86 low to a near 10-month high at 112.22 yesterday and range trading would be seen, as long as 121.12 holds, upside bias remains and above 112.22 would extend medium term upmove from August's 33-month trough at 104.46 towards 112.39, break needed to extend to 112.60/65.  
  
On the downside, only below 111.12 would risk stronger retracement to 110.90/95, then 110.65/70.
<< 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 21/02/2020 01:56 GMT
Trend Daily Chart Daily Indicators 21 HR EMA 55 HR EMA
Down Turning up 1.2889 1.2924
Trend Hourly Chart Hourly Indicators 13 HR RSI 14 HR DMI
Down Rising fm o/sold 36 -ve
Daily Analysis
One more fall b4 rebound
Resistance Support
1.2971 - Tue's low (now res)
1.2929 - Hourly res
1.2908 - Wed's low (now res)
1.2849 - Y'day's low
1.2822 - Nov 22 low
1.2769 - Nov 08 low
. GBP/USD - 1.2883.. The pound dropped fm 1.2928 in Asia to 1.2884 in early European morning n despite a brief rebound to 1.2925 on upbeat UK retail sales data, price dropped to session lows at 1.2849 in NY before staging a recovery. . On the bigger picture, despite a flash crash to 2016 31-year bottom at 1.1491 on Brexit worries, cable rally to a 21-month peak at 1.4377 in 2018 con-.....
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