Wednesday, July 20, 2016

SGX IForex Recommendations : Epic Research Singapore

TRADING TIPS :
EUR/USD is currently trading with a bullish bias. Euro continues to trade within it’s consolidation range, not going below 1.1034 or above 1.1165. As long as the pair trades within this range we look to trade reversals from either levels within the range. A break above this range will culminate into a possible bullish rally towards 1.1120 or even higher to 1.1165. A break below 1.1034 will lead to a momentum to the lower side but should not go beyond 1.0936. This pair should be traded alongside EUR/JPY, GBP/USD, GBP/CHF and




RECOMMENDATION:
BUY GBPUSD ABOVE 1.3235 TGT 1.3255 1.3285 SL 1.3205
SELL GBPUSD BELOW 1.3165 TGT 1.3145 1.3105 SL 1.3195

RECOMMENDATION:
BUY EURUSD ABOVE 1.1083 TGT 1.1103 1.1133 SL 1.1053

SELL EURUSD BELOW 1.1036 TGT 1.1.1016 1.0986 SL 1.106

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