AceTrader - Best Intra-day Forex Trading Strategies
 

MEMBER LOGON

Username:  
Password:
  Subscribe | Forget password


 

Our Recommended Trades Bookmark and Share

 
DAILY GBP/USD OUTLOOK - +1.2145+
Update Time: 06 Dec 2022 23:47GMT
DAILY GBP/USD OUTLOOK - +1.2145+

Although cable's fall fm Mon's 5-1/2 month peak
at 1.2345 to 1.2159 in EUrope today signals recent
upmove has made a temp. top there, current bounce
wud yield range trading b4 prospect of another dec-
line, below 1.2159 wud head to 1.2135.

Remain as cautious seller for 1.2145 1st n only
abv 1.2300 wud risk gain twds 1.2320.


   Rate: +1.2145+
   Strategy: +Target met+
   Position: +Short at 1.2245+
   Objective: 1.2145
   Stop-Loss:
   Resistance: 1.2223/1.2269/1.2320
   Support: 1.2123/1.2070/1.2047
INTRA-DAY EUR/USD OUTLOOK - +1.0475+
Update Time: 06 Dec 2022 22:58GMT
INTRA-DAY EUR/USD OUTLOOK - +1.0475+

Euro's selloff fm y'day's 5-month peak at 1.0594
to 1.0481 in NY, then 1.0476 ahead of European open
today signals a temp. top is made n as 1.0532 has
capped subsequent bounce ahead of NY open, daily
bearishness is retained for another fall.

Trade fm short side for 1.0475 1st n only abv
1.0532 wud risk gain twds 1.0555/60.


   Rate: +1.0475+
   Strategy: +Target met+
   Position: Short at 1.0515
   Objective: 1.0475
   Stop-Loss:
   Resistance: 1.0532/1.0594/1.0600
   Support: 1.0450/1.0429/1.0394
INTRA-DAY AUD/USD OUTLOOK - +0.6690+
Update Time: 06 Dec 2022 15:18GMT
INTRA-DAY AUD/USD OUTLOOK - +0.6690+

Y'day's selloff fm a fresh 2-1/2 month high at
0.6851 to 0.6688 (NY) on renewed usd's strength due
to upbeat US data suggests recent upmove has made a
temp. top n subsequent rebound may head back to
0.6745/50 b4 prospect of another fall.

Sell on further recovery to 0.6745 for 0.6695,
below 0.6688, 0.6666/71. Abv 0.6765/70, 0.6790/95.


   Rate: +0.6690+
   Strategy: +Target met+
   Position: +Short at 0.6740+
   Objective: 0.6690
   Stop-Loss:
   Resistance: 0.6743/0.6781/0.6819
   Support: 0.6705/0.6688/0.6671
INTRA-DAY USD/JPY OUTOOK - +136.63+
Update Time: 05 Dec 2022 17:21GMT
INTRA-DAY USD/JPY OUTOOK - +136.63+

Dlr's intra-day rally in NY on upbeat US data
signals recent decline has made a temp. low at
Fri's 3-1/2 month trough at 133.63 n upside bias
remains for stronger retracement twds 136.66, rec-
kon 136.99 wud remain intact, yield retreat.

Trade fm long side for this move n only below
135.98 wud risk weakness to 135.59.


   Rate: +136.63+
   Strategy: +Target met+
   Position: Long at 136.13
   Objective: 136.63
   Stop-Loss:
   Resistance: 136.66/136.99/137.13
   Support: 135.98/135.59/135.02
INTRA-DAY AUD/USD OUTLOOK - +0.6711+
Update Time: 05 Dec 2022 17:21GMT
INTRA-DAY AUD/USD OUTLOOK - +0.6711+

Despite aud's intra-day gain to a fresh 2-1/2
month peak at 0.6851 in Asia, subsequent selloff
in NY on usd's broad-based strength signals a temp.
top is made n stronger retracement to 0.6710/15 wud
be seen b4 prospect of a rebound later.

Trade fm short side for this move n only abv
0.6818 wud risk re-test of said res.


   Rate: +0.6711+
   Strategy: +Target met+
   Position: Short at 0.6751
   Objective: 0.6711
   Stop-Loss:
   Resistance: 0.6818/0.6851/0.6862
   Support: 0.6721/0.6666/0.6642
INTRA-DAY USD/CHF OUTLOOK - +0.9385+
Update Time: 05 Dec 2022 14:25GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9385+

Intra-day rebound fm 0.9331 suggests further
choppy trading abv Fri's 7-1/2 month trough at 0.93
27 wud continue n retracement to 0.9395/00 wud be
seen after consolidation, however, reckon 0.9439
wud cap upside n yield retreat later.

For st trade, hold long for 0.9395 n only below
0.9327 risks marginal weakness to 0.9300/05.


   Rate: +0.9385+
   Strategy: +Target met+
   Position: Long at 0.9345
   Objective: 0.9385
   Stop-Loss:
   Resistance: 0.9369/0.9400/0.9439
   Support: 0.9327/0.9300/0.9287
INTRA-DAY EUR/JPY OUTLOOK - +143.00+
Update Time: 05 Dec 2022 11:53GMT
INTRA-DAY EUR/JPY OUTLOOK - +143.00+

Intra-day anticipated rise n then break of 142.
18 res suggests recent decline fm Oct's 7-year peak
of 148.40 has made a temporary low at Fri's 2-month
140.77 low n stronger retracement to 142.75/80,
then 143.05/13 wud be seen b4 retreat.

Buy again on dips to 142.20 for 142.70 n only
below 142.00/05 risks weakness to 141.75/77.


   Rate: +143.00+
   Strategy: +Target met+
   Position: +Long at 142.50+
   Objective: 143.00
   Stop-Loss:
   Resistance: 142.69/142.81/143.13
   Support: 141.92/141.77/141.43
INTRA-DAY EUR/JPY OUTLOOK - +142.40+
Update Time: 05 Dec 2022 05:55GMT
INTRA-DAY EUR/JPY OUTLOOK - +142.40+

As euro has risen after pullback fm Fri's NY
high at 142.18 to 141.43, suggesting recent decline
has made a temp. low at 140.77 Fri n further head-
way to 142.43/48 wud be seen after consolidation
but 143.10/13 shud cap upside, yield retreat.

Trade fm long side for 142.40 n only below 141.
75/77 risks weakness to 141.45/50 b4 rebound.


   Rate: +142.40+
   Strategy: +Target met+
   Position: Long at 141.90
   Objective: 142.40
   Stop-Loss:
   Resistance: 142.48/142.81/143.13
   Support: 141.92/141.77/141.43
DAILY AUD/JPY CROSS OUTLOOK - +91.15+
Update Time: 04 Dec 2022 23:43GMT
DAILY AUD/JPY CROSS OUTLOOK - +91.15+

A$'s fall to a fresh 1-1/2 month bottom at 91.15
Fri signals recent decline wud head to 90.86/90 b4
prospect of a correction due to loss of momentum.

Trade fm short side for this move n only abv 91.
87 wud risk stronger gain to 92.23.


   Rate: +91.15+
   Strategy: +Target met+
   Position: Short at 91.85
   Objective: 91.15
   Stop-Loss: Short at 91.85
   Resistance: 91.87/92.23/92.74
   Support: 91.00/90.86/90.53
DAILY USD/CAD OUTLOOK - +1.3505+
Update Time: 02 Dec 2022 13:43GMT
DAILY USD/CAD OUTLOOK - +1.3505+

Y'day's rise fm 1.3396 to 1.3470 signals fall fm
Tue's 3-week 1.3645 high has made a temp. low n
gain to 1.3505 wud be seen, abv, 1.3545/50.

Buy on dips to 1.3425 for 1.3505 n only below
1.3396 risks 1.3357/62 but 1.3300 shud hold.


   Rate: +1.3505+
   Strategy: +Target met+
   Position: +Long at 1.3425+
   Objective: 1.3505
   Stop-Loss: +Long at 1.3425+
   Resistance: 1.3470/1.3505/1.3578
   Support: 1.3396/1.3362/1.3317
DAILY GBP/USD OUTLOOK - +1.2190+
Update Time: 02 Dec 2022 13:31GMT
DAILY GBP/USD OUTLOOK - +1.2190+

Cable's retreat after rally fm this week's low
at 1.1901 to a 5-month high of 1.2311 in NY y'day
on usd's broad-based weakness suggests upmove fm
Sep's 1.0327 record bottom has made a temporary top
n retrace. to 1.2185/90 wud be seen b4 rebound.

Sell on pullback to 1.2270 for 1.2190 or buy
there for 1.2270. Abv 1.2311, 1.2330/32.


   Rate: +1.2190+
   Strategy: +Target met+
   Position: +Short at 1.2270+
   Objective: 1.2190
   Stop-Loss:
   Resistance: 1.2311/1.2332/1.2406
   Support: 1.2225/1.2190/1.2153
DAILY EUR/USD OUTLOOK - +1.0445+
Update Time: 02 Dec 2022 13:35GMT
DAILY EUR/USD OUTLOOK - +1.0445+

Despite euro's brief break of Thur's 1.0533 high
to a 5-month peak of 1.0539 in Aust. today, present
retreat suggests temp. top possibly made, below
1.0465/70 confirms this view n yields retracement
to 1.0440/45 b4 prospect of another bounce.

Trade fm short side for 1.0445 n only abv 1.0539
risks marginal gain, reckon 1.0600/10 shud hold.


   Rate: +1.0445+
   Strategy: +Target met+
   Position: Short at 1.0525
   Objective: 1.0445
   Stop-Loss:
   Resistance: 1.0539/1.0563/1.0614
   Support: 1.0496/1.0470/1.0419
INTRA-DAY GBP/USD OUTLOOK - +1.2166+
Update Time: 02 Dec 2022 13:34GMT
INTRA-DAY GBP/USD OUTLOOK - +1.2166+

Cable's current fall in post-NFP signals recent
upmove has made a temporary top at y'day's 5-month
peak at 1.2311 n downside bias remains for stronger
retracement twds 1.2153, reckon 1.2118 may hold n
bring a rebound later today.

Sell at market for this move n only abv 1.2257
wud risk stronger gain to 1.2311 again.


   Rate: +1.2166+
   Strategy: +Target met+
   Position: +Short at 1.2206+
   Objective: 1.2166
   Stop-Loss:
   Resistance: 1.2257/1.2311/1.2356
   Support: 1.2190/1.2153/1.2118
INTRA-DAY USD/CHF OUTLOOK - +0.9424+
Update Time: 02 Dec 2022 13:37GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9424+

Dlr's current rally on robust US jobs report sig
nals recent decline has made a temporary low at
0.9327 ahead of NY open n consolidation with upside
bias remains for retracement to 0.9440/45, reckon
res 0.9460 may remain itnact, yield retreat.

Venture buying at market for this move n only be
low 0.9327 wud risk weakness twds 0.9300.


   Rate: +0.9424+
   Strategy: +Target met+
   Position: +Long at 0.9384+
   Objective: 0.9424
   Stop-Loss:
   Resistance: 0.9400/0.9460/0.9500
   Support: 0.9327/0.9300/0.9287
INTRA-DAY EUR/USD OUTLOOK - +1.0443+
Update Time: 02 Dec 2022 13:33GMT
INTRA-DAY EUR/USD OUTLOOK - +1.0443+

Euro's current selloff on usd's rally in post-
NFP signals recent upmove has made a temp. top at
European 5-month peak at 1.0544 n stronger retrace
ment twds 1.0417 wud be seen after consolidation,
reckon sup 1.0394 (Thur) may remain intact.

Venture selling at market for this move n only
abv 1.0506 wud risk re-test of 1.0544 later.


   Rate: +1.0443+
   Strategy: +Target met+
   Position: +Short at 1.0483+
   Objective: 1.0443
   Stop-Loss:
   Resistance: 1.0506/1.0544/1.0563
   Support: 1.0470/1.0448/1.0417
INTRA-DAY USD/JPY OUTOOK - +135.38+
Update Time: 02 Dec 2022 13:32GMT
INTRA-DAY USD/JPY OUTOOK - +135.38+

Dlr's current jump on robust US jobs report sig
nals recent decline has made a temp. low at 133.64
in Europe n consolidation with upside bias remains
for stronger retracement to 135.59, reckon 135.84
may remain intact, yield retreat later.

Venture buying at market for this move n only
below 134.31 wud risk weakness to 133.64.


   Rate: +135.38+
   Strategy: +Target met+
   Position: +Long at 134.88+
   Objective: 135.38
   Stop-Loss:
   Resistance: 135.05/135.14/135.59
   Support: 134.31/133.64/133.37
DAILY GBP/JPY CROSS OUTLOOK - +164.45+
Update Time: 02 Dec 2022 08:48GMT
DAILY GBP/JPY CROSS OUTLOOK - +164.45+

Intra-day selloff below 165.58 (NY) signals the
recovery fm Thur's 164.53 bottom has ended at 167.
22 n below wud extend decline fm 168.99 twd 164.09.

Turn short on recovery to 165.15 for 164.45 1st
as only abv 165.62 wud risk strg gain twd 166.07.


   Rate: +164.45+
   Strategy: +Target met+
   Position: +Short at 165.15+
   Objective: 164.45
   Stop-Loss: +Short at 165.15+
   Resistance: 165.62/166.07/166.67
   Support: 164.53/164.09/163.71
DAILY EUR/JPY CROSS OUTLOOK - +141.22+
Update Time: 02 Dec 2022 08:43GMT
DAILY EUR/JPY CROSS OUTLOOK - +141.22+

Although euro's selloff below 143.02 (Tue) to a
1-1/2 month bottom at 141.92 Thur n intra-day margi
nal break there signals decline fm Oct's 7-year top
at 148.40 wud extend twd 141.40/45, reckon 141.00
wud hold n yield correction due to loss of momentum

Remain as cautious seller for 141.22 1st as only
abv 142.34 wud risk strg retracement twd 143.10/15.


   Rate: +141.22+
   Strategy: +Target met+
   Position: +Short at 141.92+
   Objective: 141.22
   Stop-Loss:
   Resistance: 141.92/142.34/143.13
   Support: 141.42/141.00/140.17
INTRA-DAY EUR/JPY OUTLOOK - +141.52+
Update Time: 02 Dec 2022 08:34GMT
INTRA-DAY EUR/JPY OUTLOOK - +141.52+

Euro's intra-day selloff below Thur's fresh 1-
1/2 month bottom at 141.92 on active buying in yen
suggests recent decline has once again resumed n
weakness twd 141.81 may be seen but 141.42 wud hold
n yield correction due to loss of momentum.

Remain as cautious seller for 141.52 1st as only
abv 142.34 wud risk strg retracement twd 142.49.


   Rate: +141.52+
   Strategy: +Target met+
   Position: Short at 141.92
   Objective: 141.52
   Stop-Loss:
   Resistance: 141.92/142.34/142.49
   Support: 141.42/141.00/140.79
 

DISCLAIMER
Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.


Please also read the Hypothetical Disclaimer.


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