TRADING TIPS :
EUR/USD held steady at 1.2456, as investors remained cautious following a surprise decision by the Greek government to bring forward a parliamentary vote for president to next week from February. Markets were spooked by the risk of snap elections which could take place if Prime Minister Antonis Samaras’ candidate is not approved by parliament, which could see the anti-bailout Syriza party take power.But the dollar still remained supported after last week’s strong U.S. jobs report for November prompted investors to bring forward expectations for the first hike in interest rates to mid-2015 from September 2015.
INTRADAY OUTLOOK
Support: 1.2413
Resistance: 1.2476
RECOMMENDATION:
1. Buy EUR/USD Above 1.2478-TG:1.2498/1.2528 SL 1.2448
2. Sell EUR/USDINTRADAY OUTLOOK
INTRADAY OUTLOOK
Immediate Support: 118.15
Immediate Resistance: 118.86
RECOMMENDATION:
1. Buy USD/JPY Above 118.86-TG:119.06/119.36 SL 118.56
2. Sell USD/JPY Below 118.13-TG:117.93/117.63 SL 118.43
No comments:
Post a Comment