Thursday, June 5, 2014

Sgx IForex Recommendations : Epic Research Singapore

EUR/USD easing 0.02% to 1.3626.Payroll processing firm ADP said non-farm private employment rose by 179,000 in May, below expectations for an increase of 210,000.




INTRADAY OUTLOOK
Support: 1.6730
Resistance: 1.6790

RECOMMENDATION:
1. Buy GBP/USD Above 1.6790- TG: 1.6810/ 1.6840 SL 1.6760
2. Sell GBP/USD Below 1.6730- TG: 1.6710/ 1.6670 SL 1.6760

INTRADAY OUTLOOK
Immediate Support: 1.3600
Immediate Resistance: 1.3670

RECOMMENDATION:
1. Buy EUR/USD Above 1.3670- TG: 1.3690/1.3720 SL 1.3640
2. Sell EUR/USD Below 1.3600- TG: 1.3580/1.3550 SL 1.3630 



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