TRADING
TIPS :
EUR/USD
EUR/USD was up 0.15% to 1.2456, holding
above last week’s 26-month lows of 1.2356.Official data showed that
the annual rate of inflation in Germany was unchanged at 0.8% in
October, but prices actually fell 0.3% from a month earlier. A
separate report showed that the annual rate of inflation in France,
the euro area’s second largest economy, rose to 0.5% last month, up
from 0.3% in September and ahead of forecasts for 0.4%.On a
month-over- month basis prices were flat.In Spain, data showed that
the consumer price index fell 0.1% in October from a year earlier,
continuing a period of price declines. On a monthly basis, consumer
prices ticked up 0.5% from 0.2% in September.
INTRADAY
OUTLOOK
Support:
1.2424
Resistance:
1.2480
RECOMMENDATION:
1.
Buy EUR/USD Above 1.2482-TG:1.2502/1.2532 SL 1.2452
2.
Sell EUR/USD Below 1.2421-TG:1.2401/1.2371 SL 1.2451
INTRADAY
OUTLOOK
Immediate
Support: 115.36
Immediate
Resistance: 115.87
RECOMMENDATION:
1.
Buy USD/JPY Above 115.90-TG:116.10/116.40 SL 115.60
2.
Sell USD/JPY Below 115.34-TG:115.14/114.84 SL 115.64
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
0 comments:
Post a Comment