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09/02/2010
Forex Market Outlook on Majors
INTRA-DAY GBP/USD : 1.5400 Last Update At 02 Sep 2010 09:51 GMT Present anticipated rebound after intra-day brief but strg retreat to 1.5372 suggests consoli- dation with upside bias wud be seen n gain to 1.54 25/30 is likely, however, reckon 1.5452 shud cap upside n yield further choppy trading. Buy again on dips with stop as indicated, break stop as indicated, break wud risk 1.5327. Range Forecast 1.5374 / 1.5415 Resistance/Support R: 1.5452/1.5492/1.5510 S: 1.5372/1.5327/1.5300


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09/01/2010
EUR/USD Daily Outlook
INTRA-DAY EUR/USD OUTLOOK Last Update At 02 Sep 2010 06:35 GMT Rate : 1.2815 Euro's retreat fm y'day's high of 1.2856 sug- gests consolidation with mild downside bias wud be seen, however, as long as 1.2780 (prev. res) holds, a rebound is still likely but abv said res needed to signal rise fm 1.2588 has resumed, 1.2890/00. Remain as cautious buyer n only below 1.2744 wud signal upmove fm 1.2588 has formed a top y'day. Range Forecast 1.2790 / 1.2814 Resistance/Support R: 1.2814/1.2856/1.2890 S:


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09/01/2010
Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)
Spot Gold SPOT GOLD closed @ 12440 which was BELOW the open and was within prior day's trading range. The High was 0.5 Dollars from Precise Trader's Res Tgt 1 and the Low was 1 Dollars from Precise Trader's Sup Zone 1. The Hourly Oscillators are Bearish but Weak and the Price is Above the MA, so CAUTIOUS approach is needed for the Bears. Hourly Trend is Limited Up while 12340 holds and Daily Trend is also Limited Up while 12225 holds, so expect the price to have a


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09/01/2010
Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)
EURJPY EURJPY closed @ 10815 which was ABOVE the open and breached the previous day's high. The High was 15 pips from Precise Trader's Res Tgt 2 and the Low was 5 pips from Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak and the Price is Within the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Sideways while 10645 holds and Daily Trend is also Sideways while 11120 holds, so expect the Price to be Choppy until Breakout. The


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09/01/2010
Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)
USDCHF USDCHF closed @ 10160 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 10 pips from Precise Trader's Sup Tgt 2. The Hourly Oscillators are Turning Bullish and the Price is Within the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Turning Up while 10065 holds and Daily Trend is Limited Down while 10375 holds, so expect the Price to Turn Up Soon, so the Bears may stay Sidelined


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09/01/2010
Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)
EURUSD EURUSD closed @ 12810 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 3 and the Low was 15 pips from Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish and the Price is Above the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways Up while 12715 holds and Daily Trend is Turning Up while 12580 holds, so expect the Price to be Choppy with a potential to Break Higher. The


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09/01/2010
Daily technical outlook
Quote of the day : A deception that elevates us is dearer than a host of low truths. — Marina Tsvetaeva EURUSD Trading strategy: small long at 1.2740, stop at 1.2680 (0.5% risk), objective at 1.2900 The euro recovered some losses, breaking above the 1.2750 resistance region, following the risk pairs which rallied yesterday. Euro’s recovery was also favored by EURCHF which switched direction, recovering from the record low at 1.2850 – as a result of gold’s pullback from recent high


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09/01/2010
USD/JPY Daily Outlook
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 84.15 Last Updat e At 02 Sep 2010 02:19 GMT Despite y'day's cross-inspired rally to 84.67 in NY, cross-unwinding in yen in Tokyo has continued to pressure dlr, however, reckon 84.00/10 wud con- tain present retreat n yield another bounce but rec kon said y'day's high wud hold in Asia. Trade fm long side with stop as indicated n only below 83.83 wud risk re-test of 83.66. Range Forecast 84.10 / 84.40 Resistance/Support R: 84.67 /


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09/01/2010
The Brief Daily Forecaster
Bias: I can't see that the upside is complete - watch for support at 0.9014 and for a new high Please read the attached PDF file which provides more detailed analysis


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09/01/2010
Silver : Bullish is just begining
September 1, 2010 wed, 15.20gmt ********* Silver spot Best chart of today Long Its bullish is just begining . entry 19.32 stop loss 18.70 upside target 20.90 at least ****************


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08/31/2010
Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)
Spot Gold SPOT GOLD closed @ 12480 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Zone 5 (U Turn Zone) and the Low was PRECISELY at Precise Trader's Sup Tgt 1. The Hourly Oscillators are Bullish but Overbought and the Price is Above the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Limited Up while 12260 holds and Daily Trend is also Limited Up while 12210 holds, so expect the price to


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08/31/2010
Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)
EURJPY EURJPY closed @ 10675 which was BELOW the open and breached the previous day's low. The High was 5 pips from Precise Trader's Hrly Level and the Low was 5 pips from Precise Trader's Sup Tgt 1. The Hourly Oscillators are Turning Bullish and the Price is Within the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Turning Up while 10620 holds and Daily Trend is Sideways while 11120 holds, so expect the Price to Turn Up Soon, so the Bears may stay Sidelined and the


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08/31/2010
EUR/USD Daily Outlook
INTRA-DAY EUR/USD OUTLOOK Last Update At 01 Sep 2010 06:22 GMT Rate : 1.2720 Euro's rebound fm 1.2661 (NY) to 1.2716 suggests further choppy sideways trading wud be seen but as long as y'day's high of 1.2744 holds, consolidation with downside bias remains for another drop but be- low said sup needed for re-test of 1.2625 sup. Sell on marginal rise n exit on decline as below 1.2661 needed to extend weakness to 1.2640/45. Range Forecast 1.2690 / 1.2720 Resistance/Support R: 1.2720/1.2744/1.2780


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08/31/2010
Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)
USDCHF USDCHF closed @ 10150 which was BELOW the open and breached the previous day's low. The High was 25 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone). The Hourly Oscillators are Bearish but Weak and the Price is Below the MA, so CAUTIOUS approach is needed for the Bears. Hourly Trend is Limited Down while 10235 holds and Daily Trend is also Limited Down while 10400 holds, so expect the Price to have a Minimum


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08/31/2010
Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)
EURUSD EURUSD closed @ 12680 which was ABOVE the open and was within prior day's trading range. The High was 15 pips from Precise Trader's Hrly Level and the Low was 10 pips from Precise Trader's Sup Tgt 1. The Hourly Oscillators are Bullish but Weak and the Price is Within the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Sideways while 12585 holds and Daily Trend is also Sideways while 12935 holds, so expect the Price to be Choppy until the


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08/31/2010
Daily technical outlook
EURUSD Trading strategy : standing aside Range-bound trading continues as the upside was capped by 1.2740 yesterday but support around 1.2650 was also stable. Recent euro’s losses against the Swiss franc and the yen are contributing to its weakness against the dollar, too – and current EURCHF and EURJPY studies don’t look too good to those expecting a decent recovery. Intra-day sentiment is slightly bullish at the time of writing, as the euro holds overnight gains not far below yesterday’s top


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08/31/2010
The Brief Daily Forecaster
Bias: I see potential for initial losses to 1.0575-90 max 1.0538-55 before another rally Please read the attached PDF file which provides more detailed analysis


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08/31/2010
USD/JPY Daily Outlook
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 84.33 Last Updat e At 01 Sep 2010 00:56 GMT Despite dlr's cross-inspired selloff fm 84.61 to 83.83 in NY session, subsequent rebound suggests initial consolidation is in store in Asia with mild upside bias, however, reckon 84.61 wud cap intra- day rise n yield another decline 'later' today. Buy dips for st trade for 84.40 or sell if dlr rises to 84.50 for 84.10. Below 83.83, 83.58/60. Range Forecast 84.00 / 84.30


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08/31/2010
We expect the GDP second estimate to be close to 4.6% y/y
Real economy and price development September data spree will begin with a detailed 2Q GDP release. The flash estimate is rarely revised by more than one tenth of a point, so we expect the second estimate to be close to the preliminary estimate of 4.6% y/y. Judging by foreign trade data net exports were rather negative contributor to the growth, and household consumption likely virtually stagnated due to high unemployment. Therefore, investments especially inventories were the biggest


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08/31/2010
Short GBPUSD for 1.50-1.49 target at least
********** GBPUSD good chart short entry 1.5380 stop loss 1.5670 Downside target 1.5050, then 1.4920 *********


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08/31/2010
Bernanke Bounce on Friday
Last week’s currency trading review The Dollar finished the week of a weak footing after Bernanke’s speech at the Jackson Hole Symposium helps risk asset’s rally on Friday. Earlier in the week safe haven flows had supported the Dollar and most pairs tested month lows led by the Euro. Existing Home Sales slumped 27% to 3.83m in July. The Euro managed small gains on better than forecast German IFO in August and Dollar Selling on Friday. EUR/JPY was also a big mover as the USD/JPY reacts to BOJ


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08/30/2010
Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)
Spot Gold SPOT GOLD closed @ 12365 which was BELOW the open and was within prior day's trading range. The High was 1.5 Dollars from Precise Trader's Res Zone 1 and the Low was 0.5 Dollars from Precise Trader's Sup Zone 1. The Hourly Oscillators are MIXED and the Price is Within the MA, so CAUTIOUS approach is needed. Hourly Trend is Turning Down while 12505 holds and Daily Trend is Limited Up while 12105 holds, so expect the price to Turn Down Soon, so the Bulls


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08/30/2010
Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)
EURJPY EURJPY closed @ 10715 which was BELOW the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 3. The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways Down while 10765 holds and Daily Trend is Sideways while 11035 holds, so expect the Price to be Choppy with a potential to Break Lower. The


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08/30/2010
Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)
USDCHF USDCHF closed @ 10265 which was BELOW the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Hrly Level. The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways Down while 10315 holds and Daily Trend is Sideways while 10560 holds, so expect the Price to be Choppy with a potential to Break Lower. The


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08/30/2010
Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)
EURUSD EURUSD closed @ 12665 which was BELOW the open and breached the previous day's low. The High was 15 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Hrly Level. The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways Down while 12725 holds and Daily Trend is Sideways while 12935 holds, so expect the Price to be Choppy with a potential to Break Lower. The Daily


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08/30/2010
EURUSD : USD become more strong
I remain favour JPY strong, USD strong [except in usdjpy]. ********** EURUSD short it should stay under 1.2900 all of this week, then finally go down more. entry 1.2690 stop loss 1.2900 downside target1.2500 then 1.2350 ***********


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08/30/2010
Daily technical outlook
EURUSD Trading strategy : small short at 1.2720, stop at 1.2780(0.5% risk), objective at 1.2620 Support at 1.2650 is again under pressure as the euro failed to maintain its course, erasing most of last week’s gains. Next downside barrier comes below 1.2650 at 1.2590/05 which is also the 50% retracement of 1.1875-1.3335. Short-term studies are bearish and will remain that way while 1.2900 is not affected by any rallies. Upside correction will probably face more selling around 1.2700/20. Today’s


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08/30/2010
The Brief Daily Forecaster
Bias: Watch the 84.83 area which - while it caps - should trigger losses back to 83.39-58 else revert to the upside again Please read the attached PDF file which provides more detailed analysis


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08/30/2010
EUR/USD Daily Outlook
Last Update At 31 Aug 2010 00:08 GMT INTRA-DAY EUR/USD OUTLOOK Rate : 1.2640 Although euro has remained under pressure after penetrating prev. sup area at 1.2666/76 in NY sess- ion, as 1.2659 has contained weakness, initial con- solidation is seen b4 extending early fall fm 1.27 80 (Fri) to 1.2630/40 but sup at 1.2608 shud hold. Sell on recovery for 1.2650 or buy if euro drops to 1.2640 1st for subsequent bounce to 1.2680. Range Forecast 1.2630 / 1.2660 Resistance/Support R:


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08/30/2010
Forex Market Outlook on Majors
INTRA-DAY GBP/USD : 1.5560 Last Update At 30 Aug 2010 07:51 GMT Current breach of 1.5558 signals erratic rise fm last Friday's low of 1.5442 has resumed n furth- er gain to 1.5580 wud be seen, however, a breach of 1.5599 res needed to retain bullishness n yield fur ther subsequent rise to 1.5620 res. Buy on dips with stop as indicated n only below 1.5510 wud risk stronger retrace. to 1.5485/90. Range Forecast 1.5540 / 1.5579 Resistance/Support R: 1.5579/1.5599/1.5620 S: 1.5510/1.5497/1.5467


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08/30/2010
USD/JPY Daily Outlook
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 85.00 Last Updat e At 30 Aug 2010 06:23 GMT Current strg retreat after comments fm BOJ's Shirakawa suggests corrective upmove fm 83.58 has possibly ended at 85.91 n consolidation with down- side bias wud be seen for weakness to 84.89, how- ever, reckon 84.45/50 wud contain downside. Wud not chase current fall n look to sell on recovery as 85.60 wud cap upside. Range Forecast 84.89 / 85.20 Resistance/Support R: 85.75 / 85.91 /


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08/29/2010
Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)
Spot Gold SPOT GOLD closed @ 12380 which was UNCHANGED from the open and was within prior day's trading range. The High was 0.5 Dollars from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Turning Bearish and the Price is Within the MA, so the Bulls have to be CAUTIOUS. Hourly Trend is Turning Down while 12525 holds and Daily Trend is Limited Up while 12105 holds, so expect the price to Turn Down Soon, so


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08/29/2010
Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)
EURJPY EURJPY closed @ 10870 which was ABOVE the open and breached the previous day's high. The High was 10 pips from Precise Trader's Res Zone 5 (U Turn Zone) and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish and the Price is Above the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways Up while 10770 holds and Daily Trend is Turning Up while 10600 holds, so expect the Price to be Choppy with a potential to Break


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08/29/2010
Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)
USDCHF USDCHF closed @ 10280 which was ABOVE the open and was within prior day's trading range. The High was 10 pips from Precise Trader's Res Tgt 1 and the Low was 5 pips from Precise Trader's Sup Zone 1. The Hourly Oscillators are Turning Bearish and the Price is Within the MA, so the Bulls have to be CAUTIOUS. Hourly Trend is Turning Up while 10200 holds and Daily Trend is Sideways while 10560 holds, so expect the Price to Turn Up Soon, so the Bears may stay Sidelined and


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08/29/2010
Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)
EURUSD EURUSD closed @ 12760 which was ABOVE the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak and the Price is Within the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Sideways while 12660 holds and Daily Trend is also Sideways while 12965 holds, so expect the Price to be Choppy until the


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08/29/2010
Daily technical outlook
EURUSD Trading strategy : standing aside Euro’s consolidation above 1.2700 continues but its recovery is still modest, upside being capped by 1.2770 – following the EURJPY which is facing resistance around former support zone, at 109.25. Short-term studies are bearish while the pair is trading below 1.2900 and its recovery being weak. Interim support is seen around 1.2650 and a break below should favor further losses to (and below?) last week’s bottom at 1.2590. Meanwhile, current recovery


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08/29/2010
Corn , super bullish is just begining
corn future dec 2010 contract now 444 we will see 515, then 630 at least very good chart and better than FX or gold charts. entry 444 or 420 stop loss 410 or 390 upside target 510 at least *********************


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08/29/2010
The Brief Daily Forecaster
Bias: Risk is for the 109.82 area to be reached but then look for a reversal lower Please read the attached PDF file which provides more detailed analysis


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08/29/2010
EUR/USD Daily Outlook
Last Update At 30 Aug 2010 00:55 GMT INTRA-DAY EUR/USD OUTLOOK Rate : 1.2735 As euro has rebounded after Fri's brief retreat fm 1.2780 to 1.2726 in NY session, suggesting conso lidation with upside bias remains but abv said res needed to extend recent corrective rise fm 1.2588 to 1.2795/00, break wud yield gain twd 1.2833/35. Look to buy on dips as only below 1.2676 (Fri's low) wud abort daily bullishness on euro. Range Forecast 1.2735 / 1.2770 Resistance/Support R:


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08/28/2010
Trade of the Day
There is a great weekend setup on the Eur/Usd. We have some resistance on the hourly chart at 1.2800 and a triangle is forming. If the price goes up to resistance and bounces lower look to enter short. Wait for a clear entry signal which would be a bearish engulfing candle off of the bounce off resistance. Another thing to look for is a break of the upward trendline on the hourly chart. The short term trend will continue to be up until that downward line is broken. Look at the chart for more


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