Sgx IForex Recommendations : Epic Research Singapore

TRADING TIPS :

USD/CHF hit 0.9119 during European late morning trade, the session low; the pair subsequently consolidated at 0.9127, easing 0.09%.The pair was likely to find support at 0.9138, Wednesday’s low and resistance at 0.9156. The dollar remained broadly supported after Wednesday’s minutes of the Fed’s July meeting showed that some officials believe the strengthening recovery and ongoing improvement in the labor market supports a move towards tightening monetary policy.Other officials want to see further evidence of economic recovery before moving towards raising rates.

INTRADAY OUTLOOK

Support: 0.9093

Resistance: 0.9151

RECOMMENDATION:

1. Buy USD/CHF Above 0.9153 -TG:0.9173/0.9203 SL 0.9123

2. Sell USD/CHF Below 0.9091 -TG: 0.9071/0.9041 SL 0.9121

INTRADAY OUTLOOK

Immediate Support: 1.6539

Immediate Resistance: 1.6612

RECOMMENDATION:

1. Buy GBP/USD Above 1.6615 -TG: 1.6635/1.6665 SL 1.6585

2. Sell GBP/USD Below 1.6535 -TG:1.6515/1.6485 SL 1.6565

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