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  1. #1
    AceTraderFX is offline Senior Member
    Join Date
    Oct 2007
    Posts
    806

    Default USD/JPY Daily Market Outlook by AceTrader

    INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY


    USD/JPY : 88.82

    Last Update At 12 Jul 2010 06:29 GMT

    Present stronger-than-expected retreat fm 89.15
    suggests an intra-day top has possibly been made,
    consolidation with downside bias wud be seen n
    below 88.71 may bring a minor retrace. to 88.40/50
    but sup at 88.00 wud remain intact.


    Wud be prudent to exit long n stand aside for
    now. Abv 89.15 wud bring one more rise to 89.46.


    Range Forecast
    88.71 / 89.00


    Resistance/Support
    R: 89.15 / 89.46 / 89.78
    S: 88.71 / 88.55 / 88.37

    http://www.acetraderfx.com

  2. #2
    KajolThappar is offline Member
    Join Date
    Sep 2010
    Location
    Khanam
    Posts
    56

    Default

    Usd/jpy - 83.67 ... Japanese Finance Minister Yoshihiko Noda declined to comment to reporters about currencies after the yen rose

  3. #3
    AceTraderFX is offline Senior Member
    Join Date
    Oct 2007
    Posts
    806

    Default USD/JPY Intra-day signal by AceTrader

    INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

    USD/JPY :
    80.50

    Last Update At 24 Jun 2011 06:00 GMT

    Despite dlr's retreat fm y'day's NY high of 80.
    80 to 80.38, as long as 80.29/34 sup area holds,
    consolidation with upside bias remains but abv 80.
    64 res needed to confirm the pullback is over n
    yield resumption of rise fm 80.02 to 80.80 n 80.93.

    Buy on dips with stop below there, break wud
    prolong choppy trading n risk weakness to 80.02.

    Range Forecast
    80.40 / 80.60

    Resistance/Support
    R: 80.80 / 80.94 / 81.08
    S: 80.34 / 80.18 / 80.02

    http://www.acetraderfx.com

  4. #4
    stella is offline Junior Member
    Join Date
    Jul 2011
    Posts
    2

    Default

    I think they have pulled it back with some stop-loss selling, right?! Mr. Noda did say that there were some government initiatives on the way to ensure a smooth relapse into forex trading pinnacle.

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