Weekly IForex Market News Update Report by epicresearch 21th April 2014


Posted April 21, 2014 by epicsgx

EUR/USD was trading at 1.3810, down 0.03% at time of writing.The pair was likely to find support at 1.3791,

 
Forex - EUR/USD down at the end of U.S. session
Forex - USD/JPY up at the end of U.S. session
Forex - GBP/USD down toward the end of U.S. session

EUR/USD
EUR/USD was trading at 1.3810, down 0.03% at time of writing.The pair was likely to find support at 1.3791,
Tuesday’s low, and resistance at 1.3864, Thursday’s high.

USD/JPY
USD/JPY was trading at 102.42, up 0.001% at time of writing.
The pair was likely to find support at 101.42, Monday’s low, and resistance at 102.57, today’s high.

USD/CAD
USD/CAD was trading at 1.1023, up 0.12% at time of writing.
The pair was likely to find support at 1.0942, Monday’s low, and resistance at 1.1034, Wednesday’s high.

GBP/USD
GBP/USD was trading at 1.6785, down 0.05% at time of writing.
The pair was likely to find support at 1.6662, Tuesday’s low, and resistance at 1.6842, Thursday’s high.

INTRADAY OUTLOOK
Support: 1.0970
Resistance: 1.1050

RECOMMENDATION:
1. Buy USD/CAD Above 1.1050- TG: 1.1090/ 1.1150 SL 1.1000
2. Sell USD/CAD Below 1.0970- TG: 1.0930/ 1.0870 SL 1.1020

INTRADAY OUTLOOK
Immediate Support: 1.6750
Immediate Resistance: 1.6805

RECOMMENDATION:
1. Buy GBP/USD Above 1.6810- TG: 1.6850/ 1.6910 SL 1.6750
2. Sell GBP/USD Below 1.6750- TG: 1.6710/ 1.6650 SL 1.6810

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Issued By Epic Research Private ltd
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Categories Business , Finance , News
Tags sgx iforex , sgx stock , singapore iforex press release , weekly iforex press release , weekly iforex trading press release , weekly pr on currency trading
Last Updated April 21, 2014