SGX IForex Recommendations

TRADING TIPS :
GBP/USD hit 1.4990 during European morning trade, the pair’s highest since March 18; the pair subsequently consolidated at 1.4979, advancing 0.67%.The pound climbed to a one-week high against the U.S. dollar on Thursday, supported by upbeat U.K. retail sales data and as demand for the greenback remained under pressure after Wednesday’s disappointing U.S. economic reports.In a report, the U.K. Office for National Statistics said retail sales increased 0.7% last month, above forecasts for a gain of 0.4%. Retail sales in January rose by 0.1%, whose figure was revised from a previously reported decline of 0.3%.


INTRADAY OUTLOOK
Support: 1.4910
Resistance: 1.4970

RECOMMENDATION:
1. Buy GBP/USD Above 1.4972-TG: 1.4992/1.5022 SL 1.4942
2. Sell GBP/USD Below 1.4902-TG: 1.4882/1.4852 SL 1.4932

INTRADAY OUTLOOK
Support: 1.0996
Resistance: 1.1056

RECOMMENDATION:
1. Buy EUR/USD Above 1.1058-TG: 1.1078/1.1108 SL 1.1028

2. Sell EUR/USD Below 1.0994 -TG:1.0974/1.0944 SL 1.1024

SGX Stock Recommendations


MARKET UPDATES :
  • The Straits Times Index (STI) ended +12.57 points higher or +0.37% to 3431.59, taking the year-to-date per- formance to +1.97%.
  • The FTSE ST Mid Cap Index gained +0.27% while the FTSE ST Small Cap Index gained +0.81%. The top active stocks were DBS (+0.89%), SingTel (+0.69%), Keppel Corp (+1.23%), CapitaLand (+1.97%) and Keppel Land (- 0.44%).
  • The outperforming sectors today were represented by the FTSE ST Oil & Gas Index (+1.59%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corp (+1.23%) and Sembcorp Industries (+1.40%). The un- derperforming sector was the FTSE ST Consumer Services Index, which declined -0.81% with Jardine Cycle & Carriage’s share price declining -0.15% and Genting Singapore’s share price declining -1.08%.
  • The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+1.78%), STI ETF (+0.88%), LYXOR China H (-0.12%).
  • The three most active Real Estate Investment Trusts (REITs) by value were CapitaCom Trust (+1.14%), Capita- Mall Trust (+0.46%), Ascendas REIT (+0.39%).
  • The most active index warrants by value today were HSI24400MBeCW150429 (-5.22%), HSI25000M- BeCW150429 (-6.98%), HSI24800MBeCW150528 (-4.27%).

  • The most active stock warrants by value today were DBS MB eCW150915 (+4.73%), UOB MB eCW150701 (+4.31%), KepCorp MBeCW150901 (+8.33%).

IForex Signal Update


Forex GBPUSD Recommendation of 27 - MARCH. - 2015

✔We Hit SECOND TARGET ✔

International Forex #GBPUSD HITS TARGET PLEASE BOOK PARTIAL PROFIT

■■ Sell GBP/USD Below 1.4902-TG: 1.4882/1.4851 SL 1.4932