🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Daily Outlook For USD/SGD, USD/KRW and USD/IDR: January 30, 2013

Published 01/30/2013, 03:51 AM
Updated 01/01/2017, 02:20 AM
USD/SGD
-
USD/KRW
-
USD/IDR
-
SLCL
-
DAILY USD/KRW OUTLOOK - 1086.0
30 Jan 2013 06:03GMT...

Usd's intra-day rise to 1087.5 suggests pullback fm Mon's high at 1093.5 has made a low at 1078.8 today n further gain to 1090.0 is envisaged.

Stand aside n look to buy on dips tom. as only below 1078.8 risks weakness to 1076.4.

STRATEGY
Stand aside

RES
1087.5/1090.0/1093.5

SUP
1080.0/1078.8/1076.4
…………………………………………………………………………


USD/IDR DAILY OUTLOOK - 9750
30 Jan 2013 04:45GMT...

Usd's breach of y'day's high at 9750 signals recent erratic rise remains in force n further gain to 9775/80 is seen but res 9800 shud hold.

Buy again on dips with stop as indicated n only below 9675 wud risk stronger correction to 9625.

STRATEGY
Buy at 9710

OBJECTIVE
9780

STOP-LOSS
9680

RES
9775 / 9800 / 9520

SUP
9675 / 9625 / 9590
…………………………………………………………………………

DAILY USD/SGD OUTLOOK - 1.2348
30 Jan 2013 04:49GMT...

Despite usd's retreat fm Mon's 4-1/2 month peak of 1.2405, nr term o/sold condition wud limit weakness to 1.2320/30 n bring subsequent rebound.

Venture buying for 1.2400 1st n ony below 1.2318 may risk stronger retrace. to 1.2290/00 b4 recovery

STRATEGY
Buy at market

OBJECTIVE
1.2400

STOP-LOSS
1.2312

RES
1.2382/1.2405/1.2433

SUP
1.2331/1.2318/1.2289

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.