Wednesday, 22 April 2015

KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
EUR/USD hit lows of 1.0661 and was last at 1.0684, down 0.5% on the day.The euro remained broadly lower on Tuesday as concerns over Greece continued to weigh and after data showing that German economic sentiment deteriorated slightly this month. The Greek government is no closer to reaching an agreement with its euro zone partners and the International Monetary Fund over economic reforms required to access remaining bailout funds, fuelling fears that the country could be forced out of the euro zone. On Tuesday Bloomberg reported that the European Central Bank is considering tighter rules on Greek banks in return for emergency liquidity, adding to pressure on Athens.

RECOMMENDATION :
BUY GBPUSD ABOVE 1.4950 TARGET 1.4970 1.5000 SL 1.4920
SELL GBPUSD BELOW 1.4910 TARGET 1.4890 1.4860 SL 1.4940

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