TRADING TIPS :
EUR/USD held steady at 1.2456, as
investors remained cautious following a surprise decision by the
Greek government to bring forward a parliamentary vote for president
to next week from February. Markets were spooked by the risk of snap
elections which could take place if Prime Minister Antonis Samaras’
candidate is not approved by parliament, which could see the
anti-bailout Syriza party take power.But the dollar still remained
supported after last week’s strong U.S. jobs report for November
prompted investors to bring forward expectations for the first hike
in interest rates to mid-2015 from September 2015.
INTRADAY OUTLOOK
Support:
1.2413
Resistance:
1.2476
RECOMMENDATION:
1.
Buy EUR/USD Above 1.2478-TG:1.2498/1.2528 SL 1.2448
2.
Sell EUR/USD Below 1.2410-TG:1.2390/1.2360 SL 1.2440
INTRADAY
OUTLOOK
Immediate
Support: 118.15
Immediate
Resistance: 118.86
RECOMMENDATION:
1.
Buy USD/JPY Above 118.86-TG:119.06/119.36 SL 118.56
2.
Sell USD/JPY Below 118.13-TG:117.93/117.63 SL 118.43
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