TRADING TIPS :
GBP/USD hit session lows of 1.4849 and was last down 0.31% to 1.4845.The pound slipped lower against the dollar on Monday as the greenback firmed up after Federal Reserve Chair Janet Yellen reiterated Friday that the bank is likely to start raising interest rates later this year.In a speech on Friday, Ms. Yellen said a rate hike may be warranted later this year, but added that weakening inflation pressures could force the Fed to delay.The U.S.dollar index which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.30% to 97.91. The index slid 0.66% last week, the second consecutive weekly decline.
INTRADAY OUTLOOK
Support: 1.4876
Resistance: 1.4936
RECOMMENDATION:
1. Buy GBP/USD Above 1.4938-TG: 1.4958/1.4988 SL 1.4908
2. Sell GBP/USD Below 1.4874-TG: 1.4854/1.4834 SL 1.4904
INTRADAY OUTLOOK
Support: 1.0877
Resistance: 1.0937
RECOMMENDATION:
1. Buy EUR/USD Above 1.0939-TG: 1.0959/1.0989 SL 1.0909
2. Sell EUR/USD Below 1.0875 -TG:1.0855/1.0825 SL 1.0905
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my KLSE, KLSE exchange, KLSE Malaysia, KLSE stock Market, KLSE stock picks, KLSE Stock Recommendations, malaysia KLSE Stock market, Malaysia latest news update
GBP/USD hit session lows of 1.4849 and was last down 0.31% to 1.4845.The pound slipped lower against the dollar on Monday as the greenback firmed up after Federal Reserve Chair Janet Yellen reiterated Friday that the bank is likely to start raising interest rates later this year.In a speech on Friday, Ms. Yellen said a rate hike may be warranted later this year, but added that weakening inflation pressures could force the Fed to delay.The U.S.dollar index which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.30% to 97.91. The index slid 0.66% last week, the second consecutive weekly decline.
INTRADAY OUTLOOK
Support: 1.4876
Resistance: 1.4936
RECOMMENDATION:
1. Buy GBP/USD Above 1.4938-TG: 1.4958/1.4988 SL 1.4908
2. Sell GBP/USD Below 1.4874-TG: 1.4854/1.4834 SL 1.4904
INTRADAY OUTLOOK
Support: 1.0877
Resistance: 1.0937
RECOMMENDATION:
1. Buy EUR/USD Above 1.0939-TG: 1.0959/1.0989 SL 1.0909
2. Sell EUR/USD Below 1.0875 -TG:1.0855/1.0825 SL 1.0905
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my KLSE, KLSE exchange, KLSE Malaysia, KLSE stock Market, KLSE stock picks, KLSE Stock Recommendations, malaysia KLSE Stock market, Malaysia latest news update
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