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: 29 Jul 2016 13:53GMT

DAILY EUR/GBP CROSS OUTLOOK - +0.8465+

Despite y'day's resumption of erratic rise fm
Jul's 0.8250 low to retrace recent decline fm Jul's
2-1/2 year peak at 0.8627, intra-day retreat to
0.8387 suggests consolidation is in store b4 pros-
pect of one more rise twd next chart obj. 0.8470.

Hold long for 0.8465 1st n only below sup 0.8350
indicates top is made, risks 0.8338, 0.8300/05.
Rate: +0.8465+
Strategy: +Target met+
Position: Long at 0.8400
Objective: 0.8465
Stop-Loss:
<< Click for more >>    
 

MARKET REVIEW ON 29 Jul 2016 19:00 GMT

Dollar weakens broadly on Friday after weak U.S. data

The greenback fell against the other major currencies on Friday, after the release of weak U.S. second quarter growth data dampened optimism over the strength of the economy.  
 
Versus the Japanese yen, dollar fell sharply from 105.75 to as low as 102.71 in Asia after a round of modest monetary policy easing from the Bank of Japan disappointed investors who had been hoping for at least a hint of more radical stimulus. Later, despite a recovery to 103.97 in European morning, price ratcheted lower and fell to as low as 101.97 in New York afternoo ...
<< To see full content, please try our Trial offer. >>
 

MARKET MOVING NEWS

  
All times in GMT    
29 Jul 2016 12:42 USD/MAJORS - Dlr fell broadly after U.S. GDP fell way well short of market's estimate. Reuters reported the U.S. economy grew far less than expected in the second quarter as inventories fell for the first time since 2011, but a surge in consumer spending pointed to underlying strength. 
 
Gross domest.....
29 Jul 2016 09:56 GBP/USD - 1.3174... Despite cable's brief gain to 1.3221 in Asia, price subsequently retreated to 1.3172 n then lower to 1.3150 in European morning after meeting renewed selling interest at 1.3213 due to cross-selling in sterling vs other major currencies. 
 
At the moment, offers are noted at 1.3200-.....
29 Jul 2016 09:51 EUR/USD - 1.1110... The single currency continued to edge higher in European morning n extended intra-day gain fm Australian low at 1.1072/73 to 1.1110 following the release of a slew of economic data fm euro zone (see our prev. MMNs). 
 
At the moment, bids are reported at 1.1100-1.1090 n more at 1.1.....
News items above are time-delayed, to get the latest news, please try our Trial offer.
 

ECONOMIC INDICATORS FOR 01/08/2016

All times in GMT    
Time Country Indicator Actual Forecast Range Previous Revised
2330 Australia AIG Manufacturing Index Jul N/A N/A 51.8
0030 Australia TD Securities Inflation MM Jul N/A N/A 0.6%
0030 Australia TD Securities Inflation YY Jul N/A N/A 1.5%
0100 China Non-manufacturing PMI Jul N/A N/A 53.70
0100 China NBS Manufacturing PMI Jul 50.0 49.7/50.3 50.0
0100 Australia HIA News Home Sales M/M Jun N/A N/A -4.4%
<< To see full content, please try our Trial offer. >>
 

DAILY MARKET OUTLOOK

Update Time: 29 Jul 2016 09:04 GMT

USD/JPY - 103.70

Although dollar's initial 'wild swings' in Australia and Asian morning ended with price tumbling from 105.75 to a 2-week trough of 102.71 after BoJ expanded its stimulus package smaller than market expectation, subsequent minor rebound suggests consolidation is in store.  
  
Abv 104.50 would signal recent decline from 107.49 (Jul's high) has made a low, then outlook would improve for stronger subsequent gain to 105.00. Below 103.00 may risk re-test of 102.71, however, near term loss of momentum is likely to limit weakness to 102.20/25 today.  
  
<< 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 GBP/USD TECHNICAL OUTLOOK

All times in GMT    
Last Update At 29/07/2016 00:44 GMT
Trend Daily Chart Daily Indicators 21 HR EMA 55 HR EMA
Sideways Turning up 1.3163 1.3158
Trend Hourly Chart Hourly Indicators 13 HR RSI 14 HR DMI
Sideways Neutral 53 +ve
Daily Analysis
Choppy consolidation to continue
Resistance Support
1.3292 - Last Fri's high
1.3250 - Y'day's high
1.3200 - 61.8% r of 1.3250-1.3118
1.3118 - Y'day's low
1.3057 - This week's low (Tue)
1.2973 - Jul 12 low
. GBP/USD - 1.3265.. Despite a brief rise to 1.3250 at Asian open, the pound erased its earlier gains n tumbled to 1.3166 at European open, then to ses sion lows of 1.3118 in NY on cross-selling of sterling vs euro b4 recovering. . On the daily chart 1st, despite cable's resumption of LT downtrend to a fresh 31-year trough of 1.2798 in Jul in the aftermath of a surprise 'Brexit' vote.....
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 10 Analysts monitor the market and update recommendations and commentaries 24 hours a day.

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

We accept payment by:

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