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Intra-day Usd/jpy Outlook By Acetrader

INTRA-DAY USD/JPY OUTLOOK: 95.76Updating time : 20 Nov 2008 02:57 GMTDespite o/n cross-inspired selloff, dlr's reco-very fm 95.56 (Aust.) suggests minor consolidationwud be seen but reckon 96.15/20 shud limit upside nyield another fall to 95.40/50, however, sup at95.13 wud hold in Asia.Sell on further recovery for 95.65 n if price

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December 16 Eur/usd Outlook

EUR/USD's strong rally from 1.2549 extended further to as high as 1.3736 so far, just inch below mentioned 1.3768 cluster resistance. At this point, further rally is still expected as long as 1.3430 minor support holds. As discussed before, sustained break of 1.3768 cluster resistance will indicate that whole medium term fall from 1.6038 has po

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USD/CAD Unable to Break Through Psychological Barrier

The U.S. dollar has been unable to break through key resistance levels against the Canadian dollar despite a weaker Canadian economic outlook.The Canadian dollar has been under significant pressure since the Bank of Canada cut interest rates by 50 basis points on Tuesday. The loonie lost more than a full cent on the initial reaction to the cut and the bank's accompanying statement.Currency strategists said the BOC released a very grim report, which helped to facilitate the

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Sterling Slides After Downbeat Outlook for UK GDP

The pound sterling is relatively weaker after a slight downward revision to fourth quarter GDP, along with comments from the Bank of England's Chief Economist expecting more of the same in Q1.UK fourth quarter GDP was revised to a 1.6% contraction despite expectations for no change to the preliminary 1.5% decline. Meanwhile, Bank of England Chief Economist Spencer Dale has he expects Q1 GDP results to be similar to those of Q4, but he added that large

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Daily Technical Outlook On Gbp/usd By Acetrader

Updating time : 16/07/2008 00:36 GMT GBP/USD - 2.0053...Cable rallied to its highest since May at 2.0162 y'dayon dlr's broad-based weakness n also stronger-than-expected CPI n RPI data whichimplied that the BOE wud refrain fm cutting interest rates in order to combatinflation, however, the British pound retreated later in the day to 2

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Intra-day Eur/usd Outlook By Acetrader

Updating time : 26 Aug 2008 04:28 GMT Euro's cross-inspired selloff to 1.4704 suggestsre-test of y'day's low at 1.4696 wud be seen afterconsolidation n below there wud extend near term decline fm 1.4909 to 1.4670/75 b4 prospect of a bounce due to 'loss of momentum'. Incline to sell on recovery stop as indicated,abv wud risk

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Weekly Technical Outlook On Usd/chf By Acetrader

Updating time : 03/11/2008 00:25 GMT USD/CHF - 1.1560... Dlr hit a one-year high at 1.1748 last month (Oct 24)b4 retreating to 1.1200 on active cross buying in chf (the flight to safety ledeur/chf to decline to a record low at 1.4300), however, the greenback rose again to 1.1688 (Friday's high) as traders covered their short positions n

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Intra-day Usd/chf Outlook By Acetrader

Updating time : 15 Jul 2008 02:26 GMT As dlr has fallen after meeting renewed sellingat 1.0175 (Aust.), re-test of y'day's low at 1.0130is seen n break there wud confirm recent declinehas resumed, extend weakness to daily sup at 1.0112n possibly later twds 1.0080/90. Sell on recovery with stop as indicated, abv wudrisk 1.0200/10 but 1.0

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Intra-day Usd/jpy Outlook By Acetrader

INTRA-DAY USD/JPY OUTLOOK: 95.76Updating time : 20 Nov 2008 02:57 GMTDespite o/n cross-inspired selloff, dlr's reco-very fm 95.56 (Aust.) suggests minor consolidationwud be seen but reckon 96.15/20 shud limit upside nyield another fall to 95.40/50, however, sup at95.13 wud hold in Asia.Sell on further recovery for 95.65 n if price

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Intra-day Usd/chf Outlook By Acetrader

Updating time : 03 Nov 2008 07:50 GMT Current strg rebound confirms an intra-day lowhas been formed at 1.1475 n consolidation with up-side bias remains for gain to 1.1600 but break of 1.1634 is needed to signal upmove fm 1.1200 has re-sumed twds 1.1688. Raise long entry with stop as indicated, break wud risk 1.1490 but said sup shud continue

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