Today KLSE Stock Recommendation at 09.53 MST
✔We Hit First Target✔
■■ BUY BONIA CORP ABOVE 0.910 TARGET 0.940 , 0.980, 1.030 SL 0.870
KLSE Stock Signal Update
Today KLSE Stock Recommendation at 09.53 MST
✔We Hit First Target✔
■■ BUY BONIA CORP ABOVE 0.910 TARGET 0.940 , 0.980, 1.030 SL 0.870
SGX Comex Recommendations
INTERNATIONAL COMMODITY NEWS :
Gold prices eased mildly in early Asia on Monday in thin pre-holiday trade. Investors looked ahead to year-end holiday demand prospects and U.S. GDP data on Tuesday for direction. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at $1,194.90 a troy ounce, down 0.07%.Last week, gold futures came off earlier lows and moved into positive territory on Friday after investors felt the commodity had fallen too far amid a dollar rally. Gold prices have tumbled in recent months as markets prep for the Fed to raise interest rates, which is widely seen taking place in 2015, as higher borrowing costs chip away at the precious metal’s appeal as a hedge to weaker paper currencies, the product of loose monetary policy.
TRADING STRATEGY :
BUY GOLD ABOVE 1200 TARGET 1205 1211 SL 1194
SELL GOLD BELOW 1192.5 TARGET 1187.5 1181.5 SL 1198.5
Gold prices eased mildly in early Asia on Monday in thin pre-holiday trade. Investors looked ahead to year-end holiday demand prospects and U.S. GDP data on Tuesday for direction. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at $1,194.90 a troy ounce, down 0.07%.Last week, gold futures came off earlier lows and moved into positive territory on Friday after investors felt the commodity had fallen too far amid a dollar rally. Gold prices have tumbled in recent months as markets prep for the Fed to raise interest rates, which is widely seen taking place in 2015, as higher borrowing costs chip away at the precious metal’s appeal as a hedge to weaker paper currencies, the product of loose monetary policy.
TRADING STRATEGY :
BUY GOLD ABOVE 1200 TARGET 1205 1211 SL 1194
SELL GOLD BELOW 1192.5 TARGET 1187.5 1181.5 SL 1198.5
SGX IForex Recommendations
TRADING TIPS :
EUR/USD slipped 0.18% to trade near two-year lows at 1.2264 even as data earlier showed that the Gfk German consumer climate index rose to a six-month high of 9.0 in December from a reading of 8.7 the previous month. Analysts had expected the index to tick up to 8.9 this month. The dollar enjoyed support after the U.S. Department of Labor said on Thursday that the number of individuals filing for initial jobless benefits in the week ending Dec 12 fell by 6,000 to 289,000 from the previous week’s revised total of 295,000. Economist had forecast an increase of 1,000.The data came a day after the Fed said it would be “patient” before raising rates, guidance which it said is consistent with earlier assurances statement that rates would stay low “for a considerable time.
INTRADAY OUTLOOK
Support: 1.2191
Resistance: 1.2241
RECOMMENDATION:
1. Buy EUR/USD Above 1.2143-TG:1.2263/1.2293 SL 1.2113
2. Sell EUR/USD Below 1.2189-TG:1.2169/1.2139 SL 1.2219
INTRADAY OUTLOOK
Immediate Support: 1.5584
Immediate Resistance: 1.5647
RECOMMENDATION:
1. Buy GBP/USD Above 1.5650-TG:1.5670/1.5700 SL 1.5620
2. Sell GBP/USD Below 1.5582-TG:1.5562/1.5532 SL 1.5612
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