*Last Updated January 8, 2006, 7:42 pm

Daily report by Acetrader

Website: http://ww.acetrader.com

Email: query@acetrader.com

RECENT RECOMMENDED TRADES

DAILY NZD/USD OUTLOOK - +0.6920+

Update Time: 06 Jan 2006 18:02GMT

Usd's rebound after finding renewed buying abv 0.6832 suggests upside bias remains n abv 0.6878 res wud confirm upmove has resumed, 0.6920 later.

Trade fm long side, stop on a firm break of said sup, below wud risk correction to 0.6790/00...

Rate: +0.6920+
Strategy: +Target met+
Position: Long at 0.6850
Objective: 0.6920
Stop-Loss:
Resistance: 0.6902/0.6966/0.7010
Support: 0.6832/0.6781/0.6765

======================================
SPOT GOLD DAILY OUTLOOK - +537.00+

Update Time: 06 Jan 2006 15:43GMT

Gold's strg rebound fm 522.65 suggests upmove fm 489.90 has resumed n abv 535.60 wud extend to 537/ 538 but res at 541.10 wud hold on 1st testing.

Buy at market with stop as indicated, below wud prolong consolidation n risk 526.20...

Rate: +537.00+
Strategy: +Target met+
Position: Long at 533.00
Objective: 537.00
Stop-Loss:
Resistance: 535.60/539.50/541.10
Support: 526.20/523.20/517.90


======================================
EUROPEAN CLOSING GBP/USD OUTLOOK - +1.7680+

Update Time: 06 Jan 2006 14:54GMT

Cable's present firmness after breaking 1.7620 suggests recent upmove remains in progress for gain to 1.7680/85, however, 'loss of momentum' wud cap price below 1.7710/15 n risk fm there has increased for a pullback later today.

Trade fm long side, stop below there, only break of 1.7584/89 signals temp. top is made, 1.7560/65..

Rate: +1.7680+
Strategy: +Target met+
Position: Long at 1.7642
Objective: 1.7680
Stop-Loss:
Resistance: 1.7685 /1.7740/1.7810
Support: 1.7589/1.7512/1.7487

>SIGN UP for 1-week TRIAL<



Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only.