Forex EURUSD Recommendation of 25 - MARCH. - 2015
✔We Hit FIRST & SECO ND TARGET ✔
International Forex #EURUSD HITS TARGET PLEASE BOOK PARTIAL PROFIT
■■ Sell EUR/USD Below 1.0958 -TG:1.0938/1.0908 SL 1.0988
IForex Signal Update
Forex EURUSD Recommendation of 25 - MARCH. - 2015
✔We Hit FIRST & SECO ND TARGET ✔
International Forex #EURUSD HITS TARGET PLEASE BOOK PARTIAL PROFIT
■■ Sell EUR/USD Below 1.0958 -TG:1.0938/1.0908 SL 1.0988
SGX Comex Recommendations
INTERNATIONAL COMMODITY NEWS :
Gold prices ticked down in Asia early Wednesday in a light regional data day. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery eased 0.05% ro 1,191.00 a troy ounce. Overnight, gold future prices edged up on Tuesday posting its fifth consecutive daily gain, as consumer prices in the U.S. for February rebounded from the previous month. The Labor Department on Tuesday said its Consumer Price Index (CPI) rose 0.2% for February, one month after declining 0.1%. The slight uptick last month ended a three-month streak of declines. On a year-over-year basis the CPI remained unchanged from its February 2014 level, though analysts had forecasted it to slip by 0.1% from last year’s figure. Core CPI, which excludes food and energy costs, moved up by 0.2% increasing at the same rate as it had a month earlier. On a year-over-year basis, however, core CPI is up 1.7% from its level last year at this time.
TRADING STRATEGY :
BUY GOLD ABOVE 1195 TARGET 1200 1206 SL 1189
SELL GOLD BELOW 1185 TARGET 1180 1174 SL 1191
Gold prices ticked down in Asia early Wednesday in a light regional data day. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery eased 0.05% ro 1,191.00 a troy ounce. Overnight, gold future prices edged up on Tuesday posting its fifth consecutive daily gain, as consumer prices in the U.S. for February rebounded from the previous month. The Labor Department on Tuesday said its Consumer Price Index (CPI) rose 0.2% for February, one month after declining 0.1%. The slight uptick last month ended a three-month streak of declines. On a year-over-year basis the CPI remained unchanged from its February 2014 level, though analysts had forecasted it to slip by 0.1% from last year’s figure. Core CPI, which excludes food and energy costs, moved up by 0.2% increasing at the same rate as it had a month earlier. On a year-over-year basis, however, core CPI is up 1.7% from its level last year at this time.
TRADING STRATEGY :
BUY GOLD ABOVE 1195 TARGET 1200 1206 SL 1189
SELL GOLD BELOW 1185 TARGET 1180 1174 SL 1191
SGX IForex RecommendationS
TRADING TIPS :
GBP/USD hit 1.4839 during European morning trade, the pair’s lowest since Friday; the pair subsequently consolidated at 1.4867, retreating 0.57%.Cable was likely to find support at 1.4720, Friday’s low and resistance at 1.5012, the high of March 19.The pound dropped against the U.S. dollar on Monday, as the greenback regained some ground after declining sharply last week on the back of fresh uncertainty over the timing of a U.S. rate hike, while markets eyed upcoming U.K. data on industrial orders expectations.The dollar remained under pressure amid uncertainty over the path of U.S. monetary policy after the Federal Reserve downgraded its forecasts for growth and inflation and lowered its interest rate projections last week.
INTRADAY OUTLOOK
Support: 1.4880
Resistance: 1.4940
RECOMMENDATION:
1. Buy GBP/USD Above 1.4942-TG: 1.4962/1.4992 SL 1.4912
2. Sell GBP/USD Below 1.4878-TG: 1.4958/1.4928 SL 1.4908
INTRADAY OUTLOOK
Support: 1.0960
Resistance: 1.1020
RECOMMENDATION:
1. Buy EUR/USD Above 1.1022-TG: 1.1042/1.1072 SL 1.0992
2. Sell EUR/USD Below 1.0958 -TG:1.0938/1.0908 SL 1.0988
Subscribe to:
Posts (Atom)