TRADING TIPS :
EUR/USD rose considerably on Thursday for its sixth straight winning session, as disappointing U.S. import-export data added further confusion as to whether the Federal Reserve will raise interest rates later next week. The currency pair traded in a broad range between 1.1132 and 1.1295 before settling at 1.1279, up 0.0072 or 0.64% on the session. The euro ended the day at its highest closing level against the dollar in more than a week. EUR/USD has gained nearly 3% in value over the last month of trading. While the euro’s daily gains versus its American counterpart during the recent streak have been modest, Thursday’s move marked the pair’s sharpest appreciation over the period.
RECOMMENDATION:
BUY GBPUSD ABOVE 1.5475 TARGET 1.5495 1.5525 SL 1.5445
SELL GBPUSD BELOW 1.5370 TARGET 1.5350 1.5320 SL 1.5400
RECOMMENDATION:
BUY EURUSD ABOVE 1.1305 TARGET 1.1325 1.1355 SL 1.1275
SELL EURUSD BELOW 1.1225 TARGET 1.1205 1.1175 SL 1.1255
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
EUR/USD rose considerably on Thursday for its sixth straight winning session, as disappointing U.S. import-export data added further confusion as to whether the Federal Reserve will raise interest rates later next week. The currency pair traded in a broad range between 1.1132 and 1.1295 before settling at 1.1279, up 0.0072 or 0.64% on the session. The euro ended the day at its highest closing level against the dollar in more than a week. EUR/USD has gained nearly 3% in value over the last month of trading. While the euro’s daily gains versus its American counterpart during the recent streak have been modest, Thursday’s move marked the pair’s sharpest appreciation over the period.
RECOMMENDATION:
BUY GBPUSD ABOVE 1.5475 TARGET 1.5495 1.5525 SL 1.5445
SELL GBPUSD BELOW 1.5370 TARGET 1.5350 1.5320 SL 1.5400
RECOMMENDATION:
BUY EURUSD ABOVE 1.1305 TARGET 1.1325 1.1355 SL 1.1275
SELL EURUSD BELOW 1.1225 TARGET 1.1205 1.1175 SL 1.1255
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
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