AceTrader - Best Intra-day Forex Trading Strategies
 

MEMBER LOGON

Username:  
Password:
  Subscribe | Forget password

PARTNER

FORUM

TESTIMONIALS

     
 

EXCELLENT JOB ON CALLING GOLD!!!
You guys are doing great...

Tim Henthorn

Very Impressive Trial. I will be taking out an intra-day sub soon. Thanks!

Peter Nash

The strategies that you provide are very concise and precise. I will keep following the signal. Thanks! Please keep up with the good work!

Inayat knan

I am impressed that the more fluctuation in the market, the better your performance! Keep going!

Saqib mahmood

As a trial user, I appreciate that the signals you provide are very accurate. I will subscribe to your monthly package. Thanks!

Abdul rehman

I have been following your commentaries on EUR for a consideration length of time. Your performance is excellent!

Wiqas Ali

AceTrader is the best signal provider that I have tried. Your performance is highly appreciated! Thanks a lot!

Abuzar javed

Precise commentaries, frequient updates, and detailed analysis! Good job, AceTrader!

Zaiq sultan Ali

Excellent intraday signals! thanks!!

Sheikh Mohammed nohman

Finally, I have found a good signal provider! You did a great job on intraday of major currencies.

Adeel malik

Although your performance was unstable last month, you performed much better than before this month! Please keep it up!

Hafsa hafiz

I am now more familiar with how to follow your analysis and strategies. It's different from before! Haha! Good Job!

Nafeesa moshtaq

 
     

SPECIAL OFFER


Click for details
Special 1-time Trial Offer ($40 USD)
Test drive our service for 2 weeks with no obligation.
 
     
 
 
     

WINNING TRADE

TRADE NOW

Update Time: 24 May 2024 03:11GMT

DAILY USD/CAD OUTLOOK - +1.3740+

Y'day's break of 1.3690 res to 1.3698 on hawkish
Fed minutes suggests upmove fm May's 1.3590 low wud
head to 1.3740/45 but 1.3760/62 res shud hold today

Trade fm long side for this move n only below
1.3641/44 risks 1.3615/25, break, 1.3590/96.
Rate: +1.3740+
Strategy: +Target met+
Position: Long at 1.3660
Objective: 1.3740
Stop-Loss: Long at 1.3660
<< Click for more >>    
 

MARKET REVIEW ON 24 May 2024 02:05 GMT

Dollar higher on US business activity boost

The following currency report was taken from Reuters: 
 
The dollar rose against the euro on Thursday after data showed U.S. business activity accelerated to the highest level in just over two years in May, suggesting that economic growth picked up half-way through the second quarter. 
 
S&P Global said that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, jumped to 54.4 this month. That was the highest level since April 2022 and followed a final reading of 51.3 in April. 
 
A reading above 50 indica ...
<< To see full content, please try our Trial offer. >>
 

MARKET MOVING NEWS

  
All times in GMT    
23 May 2024 13:56 USD/MAJORS... Reuters reported U.S. business activity accelerated to the highest level in just over two years in May, but manufacturers reported a surge in prices for a range of inputs, suggesting that goods inflation could pick up in the months ahead. 
 
S&P Global said on Thursday that its flash U.S.....
23 May 2024 13:04 USD/MAJORS... Reuters reported the number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market that should continue to support the economy. 
 
Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 2.....
23 May 2024 08:32 GBP/USD - 1.2735... Reuters reported growth across British businesses has cooled noticeably this month and by more than any economist polled by Reuters had predicted, a survey showed on Thursday, in an early blow for Prime Minister Rishi Sunak's election campaign. 
 
The S&P Global UK Composite Purcha.....
News items above are time-delayed, to get the latest news, please try our Trial offer.
 

ECONOMIC INDICATORS FOR 24/05/2024

All times in GMT    
Time Country Indicator Actual Forecast Range Previous Revised
2225 New Zealand RBNZ's Governor Orr speaks
2245 New Zealand Imports - Apr 6.32B N/A N/A 5.90B
2245 New Zealand Trade Balance MM - Apr 91.0M N/A N/A 588.0M 476.0M
2245 New Zealand Trade Balance YY - Apr -10.11B N/A N/A -9.87B -9.98B
2245 New Zealand Exports - Apr 6.42B N/A N/A 6.50B 6.38B
2301 U.K. GfK Consumer Confidence - May -17 -18 -19/-15 -19
<< To see full content, please try our Trial offer. >>
 

DAILY MARKET OUTLOOK

Update Time: 16 May 2024 04:39 GMT

EUR/USD - 1.0887

Euro's resumption of upmove from Apr's 5-month bottom at 1.0602 to a 1-1/2 month 1.0886 high yesterday, then intra-day break there suggests gain towards 1.0942/45 after consolidation, overbought condition should prevent strong gain above and 1.0963/66 should cap upside.  
  
On the downside, only a daily close below 1.0855/60 risks weakness to 1.0825/35 before rebound.
<< Please try our Trial offer. >>
 

WHY AceTrader?

20 years of history in providing forex market analysis and trading recommendations to institutional traders
True 24 hours real-time analysis for up-to-the-minute recommendations and analysis
Forecasting methodology used by professionals
Verifiable performance track record in our recommendations
Specially designed packages for forex traders of different styles and requirements
 
Facebook
Twitter
Bookmark and Share
 

DAILY USD/JPY TECHNICAL OUTLOOK

All times in GMT    
Last Update At 01/11/2023 02:25 GMT
Trend Daily Chart Daily Indicators 21 HR EMA 55 HR EMA
Up Bearish divergence 151.06 150.48
Trend Hourly Chart Hourly Indicators 13 HR RSI 14 HR DMI
Up Easing fm overbought 60 +ve
Daily Analysis
One more rise b4 correction
Resistance Support
152.20 - Equality of 147.38-150.77 fm 148.81
151.94 - Oct 2022 32-year high
151.72 - Tue's fresh 1-year high
151.07 - Hourly chart
150.64 - Tue's NY low
150.08 - Tue's European low
USD/JPY - 151.25..Dlr found buying interest at 149.03 in Aust. on Tue n price jumped to 150.10 in Asia on BOJ's dovish hold. The pair later rallied to a fresh 1-year 151.72 peak in NY on rally in US yields b4 retreating. . On the bigger picture, dlr's spectacular rally fm 2011 historic 75.32 low (Mar) due to coordinated yen-selling intervention by G7 central banks to weaken the yen in th.....
Click on the chart to enlarge image

charts offered by ProRealTime.com
 
<< To see more content, please try our Trial offer. >>

WHO WE ARE

AceTrader provides "up-to-the-minute" financial market commentaries and foreign exchange trading recommendations round the clock.

AceTrader is the internet operation of Trendsetter, a global specialist data provider who has been providing its users with real time commentaries and trading recommendations focusing on the foreign exchange market for over 20 years. A dedicated team 7 Analysts monitor the market and update recommendations and commentaries 20 hours a day.

Our coverage includes 20 different instruments with a primary focus on the foreign exchange market and Gold & Silver.

We accept payment by:

  |    Home  |  Contact Us  |  Subscribe  |  Site Map  |  Disclaimer  |  Risk Disclosure  |  Advertise with us  |  Top