*Last Updated December 5, 2005, 6:55 pm

Daily report by Acetrader

Website: http://ww.acetrader.com

Email: query@acetrader.com

PREVIOUS DAYS' RECOMMENDED TRADES

WEEKLY OUTLOOK ON USD/CAD - +1.1580+

Update Time: 05 Dec 2005 12:49GMT

Last week's selloff signals MT downtrend has re- sumed n marginal weakness below 1.1588 low is seen but loss of momentum shud limit fall to 1.1520.

Trade fm short side with stop as indicated, only abv 1.1736 wud prolong consolidation n risk 1.1802.

Rate: +1.1580+
Strategy: +Target met+
Position: Short at 1.1730
Objective: 1.1580
Stop-Loss:
Resistance: 1.1674/1.1736/1.1802
Support: 1.1588/1.1521/1.1480

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INTRA-DAY EUR/CHF CROSS OUTLOOK - +1.5415+

Update Time: 05 Dec 2005 17:44GMT

Euro's breach of 1.5427 signals erratic decline fm 1.5518 top wud extend weakness to 1.5410/15, how ever, loss of nr term momentum shud prevent further sharp fall fm there n reckon 1.5401 sup wud hold n bring a rebound later.

Trade fm short side, stop as indicated, only abv 1.5456 wud signal temp. low is made, 1.5480/85.

Rate: +1.5415+
Strategy: +Target met+
Position: Short at 1.5445
Objective: 1.5415
Stop-Loss:
Resistance: 1.5468/1.5518/1.5533
Support: 1.5413/1.5401/1.5361


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INTRA-DAY GBP/USD OUTLOOK - +1.7415+

Update Time: 05 Dec 2005 17:34GMT

Cable's rebound fm 1.7345/50 has retained our bullishness for last wk's upmove fm 1.7047 to re- sume for re-test of intra-day top at 1.7420, abv wud extend marginally but loss of momentum wud cap price below 1.7450/55 and bring retreat.

Trade fm long side, stop as indicated, below wud risk stronger correction twd 1.7315/20...

Rate: +1.7415+
Strategy: +Target met+
Position: Long at 1.7375
Objective: 1.7415
Stop-Loss:
Resistance: 1.7420/1.7455/1.7497
Support: 1.7352/1.7319/1.7293

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INTRA-DAY USD/CHF OUTLOOK - +1.3095+

Update Time: 05 Dec 2005 16:43GMT

As dlr has fallen after brief recovery to 1.3135/ 38, retaining our bearishness for Friday's decline fm 1.3232 to retrace early upmove fm 1.2994 to re- sume for weakness twd 1.3075/80 but loss of momen- tum wud keep price well abv 1.3044 n bring rebound.

Trade fm short side, stop as indicated, abv wud signal intra-day low is made n risk 1.3195/00...

Rate: +1.3095+
Strategy: +Target met+
Position: Short at 1.3135
Objective: 1.3095
Stop-Loss:
Resistance: 1.3144/1.3165/1.3213
Support: 1.3075/1.3044/1.2994

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