TRADING
TIPS :
USD/JPY the dollar was lower against the yen, with
USD/JPY sliding 0.33% to 107.78.was down 0.12% to 108.14 late after
falling as low as 107.77 earlier in the session. apan’s government
downgraded its assessment of the economic outlook for the second
consecutive month last week, and a report earlier in the month showed
that sentiment in the services sector deteriorated in the third
quarter after a sales tax hike in April hit consumption.The dollar
later pulled away from session lows after data showed that U.S. new
home sales rose 0.2% from a month earlier to hit a six year high of
467,000 in September.Investors were looking ahead to policy meeting
by the Federal Reserve and the Bank of Japan later in the week amid
lingering concerns over the outlook for the global economy.
INTRADAY
OUTLOOK
Support:1.6092
Resistance:
1.6129
RECOMMENDATION:
1.
Buy GBP/USD Above 1.6130-TG:1.6150/1.6180 SL 1.6100
2.
Sell GBP/USD Below 1.6090-TG:1.6070/1.6040 SL 1.6120
INTRADAY
OUTLOOK
Immediate
Support:107.77
Immediate
Resistance: 107.97
RECOMMENDATION:
1.
Buy USD/JPY Above 107.98-TG:108.22/108.52 SL 107.62
2.
Sell USD/JPY Below 107.75-TG:107.55/107.25 SL 108.05
0 comments:
Post a Comment