TRADING TIPS :
GBP/USD was up 0.25% to 1.6133, not far from session highs of 1.6135. Data on Friday showed that U.S. consumer sentiment rose to the highest level since July 2007 this month and another report showed that U.S. housing starts rose more than expected in September. The data reinforced expectations that the Federal Reserve will raise interest rates in the second half of 2015 and calmed investor jitters at the end of a volatile week of trading.Sterling slumped to 11-month lows against the dollar mid-week after data showed that the annual rate of U.K. inflation slowed to 1.2% in September, down from 1.5% in August.
INTRADAY OUTLOOK
Support:1.6103
Resistance: 1.6163
RECOMMENDATION:
1. Buy GBP/USD Above 1.6165-TG:1.6195/1.6225 SL 1.6135
2. Sell GBP/USD Below 1.6100-TG:1.6080/1.6050 SL 1.6130
INTRADAY OUTLOOK
Immediate Support:1.2750
Immediate Resistance: 1.2814
RECOMMENDATION:
1. Buy EUR/USD Above 1.2816-TG:1.2836/1.2866 SL 1.2786
2. Sell EUR/USD Below 1.2748-TG:1.2728/1.2698 SL 1.2778
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
GBP/USD was up 0.25% to 1.6133, not far from session highs of 1.6135. Data on Friday showed that U.S. consumer sentiment rose to the highest level since July 2007 this month and another report showed that U.S. housing starts rose more than expected in September. The data reinforced expectations that the Federal Reserve will raise interest rates in the second half of 2015 and calmed investor jitters at the end of a volatile week of trading.Sterling slumped to 11-month lows against the dollar mid-week after data showed that the annual rate of U.K. inflation slowed to 1.2% in September, down from 1.5% in August.
INTRADAY OUTLOOK
Support:1.6103
Resistance: 1.6163
RECOMMENDATION:
1. Buy GBP/USD Above 1.6165-TG:1.6195/1.6225 SL 1.6135
2. Sell GBP/USD Below 1.6100-TG:1.6080/1.6050 SL 1.6130
INTRADAY OUTLOOK
Immediate Support:1.2750
Immediate Resistance: 1.2814
RECOMMENDATION:
1. Buy EUR/USD Above 1.2816-TG:1.2836/1.2866 SL 1.2786
2. Sell EUR/USD Below 1.2748-TG:1.2728/1.2698 SL 1.2778
0 comments:
Post a Comment