TRADING TIPS :
The euro remained near eight-month lows against the U.S. dollar on Friday, as growing optimism over the strength of the U.S. economic recovery supported the greenback, while poor German business climate data still pressured the single currency lower. A better-than-expected uptick in demand for durable goods in the U.S. sent the dollar firming against the euro on Friday.
INTRADAY OUTLOOK
Support: 1.6963
Resistance: 1.6980
RECOMMENDATION:
1. Buy GBP/USD Above 1.6980- TG: 1.7000/ 1.7030 SL 1.6950
2. Sell GBP/USD Below 1.6963- TG: 1.6943/ 1.6913 SL 1.6993
Click Here To Register For Free Trial Services
OR
Give A Missed Call : +6531581402
Follow Us On Twitter : www.twitter.com/epicresearchsg
Like Us On Facebook : www.facebook.com/EpicResearchSingapore
Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
The euro remained near eight-month lows against the U.S. dollar on Friday, as growing optimism over the strength of the U.S. economic recovery supported the greenback, while poor German business climate data still pressured the single currency lower. A better-than-expected uptick in demand for durable goods in the U.S. sent the dollar firming against the euro on Friday.
INTRADAY OUTLOOK
Support: 1.6963
Resistance: 1.6980
RECOMMENDATION:
1. Buy GBP/USD Above 1.6980- TG: 1.7000/ 1.7030 SL 1.6950
2. Sell GBP/USD Below 1.6963- TG: 1.6943/ 1.6913 SL 1.6993
INTRADAY OUTLOOK
Immediate Support: 1.3424
Immediate Resistance: 1.3434
RECOMMENDATION:
1. Buy EUR/USD Above 1.3434- TG: 1.3454/1.3485 SL 1.3404
2. Sell EUR/USD Below 1.3424- TG: 1.3404/1.3374 SL 1.3454
0 comments:
Post a Comment