• Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
66
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
0
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. DAILY I FOREX REPORT 15TH FEBRUARY 2013WWW.EPICRESEARCH.CO +91 9752199966
  • 2. HEADLINES  Euro May Fall As Deepening Recession Drives ECB Easing Bets  Dollar At Risk Below 2012 High, S&P 500 Looking Top- Heavy TRADING TIPS  Euro Sets a 2-Week Low as the Euro-Zone Recession  SELL EURUSD Continues BELOW 1.3320 tgs THE TAKEAWAY: Euro-zone GDP 1.3305/1.3290 sl declines 0.6% in Q4, more than 1.3340 expected -> ECB predicts a recovery later in 2013 -> Euro declines to a 2-week low  BUY USDJPY ABOVE 93.71 tgt The Euro-zone economy contracted for the third straight quarter in Q4, thereby extending 93.86/94.06 SL 93.57 the area’s technical recession. The gross domestic product declined 0.6% over the quarter (seasonally adjusted), the highest quarterly decline in nearly 4-years, and the  SELL GBPUSD decline was worse than an expected 0.4% contraction and Q3’s 0.1% decline. The Euro- zone GDP dropped 0.9% from Q4 2011 BELOW 1.5492 tgt according to a Eurostat initial estimate. 1.5478/1.5464 SL 1.5506WWW.EPICRESEARCH.CO +91 9752199966
  • 3.  HOURLY EURUSD CHART HOURLY EURUSD CHART ANALYSISOPEN: 1.3445HIGH: 1.3455LOW: 1.3320CLOSE: 1.3330  EURUSD LOOKS DOWNWARD  TREND : BEARISH  STRATEGY: SELL ON RISE  MACD =>. 0002(BEARISH SIGNAL)  RSI => 70(BEARISH SIGNAL)
  • 4. HOURLY USDJPY CHART  HOURLY USDJPY CHARTANALYSISOPEN: 93.24HIGH: 93.71LOW: 92.13CLOSE: 93.45  USDJPY LOOKS UPWARD  TREND: BULLISH  STRATEGY: BUY ON DEEPS  MACD => 0005( BULLISH SIGNAL)  RSI =>55(BULLISH SIGNAL)
  • 5.  HOURLY GBPUSD CHART HOURLY GBPUSD CHARTANALYSISOPEN: 1.5532HIGH: 1.5543LOW: 1.5492CLOSE: 1.5506  GBPUSD LOOKS DOWNWARD  TREND: BEARISH  STRATEGY: SELL ON RISE  MACD => .-0011( BEARISH SIGNAL)  RSI => 27(BEARISH SIGNAL)
  • 6. HOURLY EURGBP CHART HOURLY EURGBP CHARTANALYSISOPEN: 0.8656HIGH: 0.8666LOW: 0.8586CLOSE: 0.8592  EURGBP LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE  MACD =>.0017(BEARISH SIGNAL)  RSI =>81(BEARISH SIGNAL)www.epicresearch.co + 91 9752199966
  • 7. HOURLY USDINDEX CHARTANALYSISOPEN: 80.0700HIGH: 80.6210LOW: 80.0620CLOSE: 80.5920  USDINDEX LOOKS UPWARD  TREND: BULLISH  STRATEGY: BUY ON DEEPS  MACD =>0.045(BULLISH SIGNAL)  RSI =>75(BULLISH SIGNAL) ECONOMIC CALENDER
  • 8. Date Time Currency Event Importance Actual Forecast Previous Notes Mon AUD Home Loans 00:30 Medium -1.5% 0.0% -0.7%Feb 11 (DEC) AUD Value of Loans 00:30 Low -2.7% 0.5% (MoM) (DEC) AUD Investment 00:30 Low -2.4% -3.2% Lending (DEC) EUR Euro-Area 13:30 Finance Ministers Meet High in Brussels NZD NZ Card 21:45 Medium 0.4% Spending (MoM) (JAN) NZD NZ Card 21:45 Spending - Retail Medium 0.3% 0.3% (MoM) (JAN) JPY Japan Money 23:50 Low 2.3% 2.2% Stock M3 (YoY) (JAN) JPY Japan Money 23:50 Stock M2+CD (YoY) Low 2.6% 2.6% (JAN) EUR German TueFeb 12 Wholesale Price Index Low 3.2% (YoY) (JAN) EUR German Wholesale Price Index Low 0.0% (MoM) (JAN) GBP RICS House Price 00:01 Medium 1% 0.0% Balance (JAN) AUD NAB Business 00:30 Medium 3 Confidence (JAN) AUD RBA Credit Card 00:30 Low $A21.8B Purchases (DEC) AUD RBA Credit Card 00:30 Low $A49.5B Balances (DEC) AUD NAB Business 00:30 Low -4 Conditions (JAN) JPY Machine Tool 06:00 Medium -27.5% Orders (YoY) (JAN P) CHF Consumer Price 08:15 Medium -0.3% -0.4% Index (YoY) (JAN) CHF CPI - EU 08:15 Harmonised (YoY) Medium -0.3% (JAN) CHF Consumer Price 08:15 Low -0.3% -0.2% Index (MoM) (JAN) CHF CPI - EU 08:15 Harmonised (MoM) Low 0.1% (JAN) GBP Core Consumer 09:30 Price Index (YoY) High 2.4% 2.4% (JAN)
  • 9. GBP Consumer Price09:30 High 2.7% 2.7% Index (YoY) (JAN) GBP Retail Price Index09:30 Medium 3.2% 3.1% (YoY) (JAN) GBP Producer Price09:30 Index Output n.s.a. Medium 2.0% 2.2% (YoY) (JAN) GBP Producer Price09:30 Index Output Core Medium 1.4% 1.5% n.s.a. (YoY) (JAN) GBP Consumer Price09:30 Medium -0.5% 0.5% Index (MoM) (JAN) GBP Producer Price09:30 Index Output n.s.a. Low 0.2% -0.1% (MoM) (JAN) GBP Producer Price09:30 Index Output Core Low 0.1% 0.0% n.s.a. (MoM) (JAN) GBP Producer Price09:30 Index Input n.s.a. (YoY) Low 1.0% 0.3% (JAN) GBP Producer Price09:30 Index Input n.s.a. Low 0.8% -0.2% (MoM) (JAN) GBP DCLG UK House09:30 Low 2.0% 2.1% Prices (YoY) (DEC) GBP Retail Price Index09:30 Low -0.5% 0.5% (MoM) (JAN) GBP Retail Price Index09:30 Ex Mort Int.Payments Low 3.1% 3.0% (YoY) (JAN) GBP Retail Price Index09:30 Low 245.6 246.8 (JAN) USD Mortgage12:00 Low 7.4% Delinquencies (4Q) USD MBA Mortgage12:00 Low 4.1% Foreclosures (4Q) USD NFIB Small12:30 Business Optimism Low 89 88 (JAN) USD JOLTs Job15:00 Low 3676 Openings (DEC) USD Feds George16:30 Speaks on the Low Economy in Nebraska USD Monthly Budget19:00 Medium -$2.00B -$27.41B Statement (JAN) AUD Westpac23:30 Consumer Confidence Medium 0.6% (FEB) AUD Westpac23:30 Consumer Confidence Low 100.6 Index (FEB) JPY Tertiary Industry23:50 Medium 0.7% -0.3% Index (MoM) (DEC)
  • 10. JPY Domestic 23:50 Corporate Goods Price Low -0.3% -0.6% Index (YoY) (JAN) JPY Domestic 23:50 Corporate Goods Price Low 0.2% 0.3% Index (MoM) (JAN) USD Feds Plosser WedFeb 13 00:30 Speaks on Economic Low Outlook in Stanford USD Feds Lacker 00:30 Speaks on Economics Low in Lancaster CHF Producer & Import 08:15 Low 1.0% 1.0% Prices (YoY) (JAN) CHF Producer & Import 08:15 Low 0.0% 0.1% Prices (MoM) (JAN) EUR Euro-Zone 10:00 Industrial Production Medium -2.4% -3.7% w.d.a. (YoY) (DEC) EUR Euro-Zone 10:00 Industrial Production Low 0.2% -0.3% s.a. (MoM) (DEC) GBP Bank of England 10:30 High Inflation Report USD MBA Mortgage 12:00 Low Applications (FEB 8) USD Advance Retail 13:30 High 0.1% 0.5% Sales (JAN) USD Retail Sales Less 13:30 Medium 0.1% 0.3% Autos (JAN) USD Retail Sales Ex 13:30 Low 0.4% 0.6% Auto & Gas (JAN) USD Retail Sales 13:30 Low 0.2% 0.6% "Control Group" (JAN) USD Import Price Index 13:30 Low -1.5% (YoY) (JAN) USD Import Price Index 13:30 Low 0.8% -0.1% (MoM) (JAN) USD Business 15:00 Medium 0.3% 0.3% Inventories (DEC) USD DOE U.S. 15:30 Gasoline Inventories Low (FEB 8) USD DOE U.S. 15:30 Distillate Inventory Low (FEB 8) USD DOE U.S. Crude 15:30 Low Oil Inventories (FEB 8) USD DOE Cushing OK 15:30 Crude Inventory (FEB Low 8) USD Feds Bullard to Speak on Economy at 16:10 Low Arkansas State University
  • 11. NZD Business NZ Performance of 21:30 Medium 50.1 Manufacturing Index (JAN) NZD Food Prices 21:45 Low -0.2% (MoM) (JAN) JPY Nominal Gross 23:50 Domestic Product High 0.0% -0.9% (QoQ) (4Q P) JPY Gross Domestic 23:50 High 0.1% -0.9% Product (QoQ) (4Q P) JPY Gross Domestic 23:50 Product Annualized High 0.4% -3.5% (4Q P) JPY Gross Domestic 23:50 Product Deflator (YoY) Low -0.5% -0.8% (4Q P) Thu JPY Bank of JapanFeb 14 High -0.2% 0.10% Rate Decision (FEB 14) CNY Actual FDI (YoY) Medium -0.2% -4.5% (JAN) AUD Consumer 00:00 Inflation Expectation Medium 2.0% (FEB) NZD ANZ Consumer 00:00 Confidence (MoM) Low 3.1% (FEB) NZD ANZ Consumer 00:00 Confidence Index Low 118.3 (FEB) JPY Tokyo 04:00 Condominium Sales Low -3.0% (YoY) (JAN) EUR French Gross 06:30 Domestic Product Medium 0.5% 0.0% (YoY) (4Q P) EUR French Gross 06:30 Domestic Product Low -0.5% 0.1% (QoQ) (4Q P) EUR German Gross 07:00 Domestic Product High 0.9% w.d.a. (YoY) (4Q P) EUR German Gross 07:00 Domestic Product High 0.4% n.s.a. (YoY) (4Q P) EUR German Gross 07:00 Domestic Product s.a. Medium 0.2% 0.2% (QoQ) (4Q P) EUR ECB Publishes 09:00 High Monthly Report EUR Italian Gross Domestic Product s.a. 09:00 Medium -2.4% and w.d.a. (YoY) (4Q P) EUR Italian Gross Domestic Product s.a. 09:00 Low -0.2% and w.d.a. (QoQ) (4Q P)
  • 12. EUR Euro-Zone Gross 10:00 Domestic Product s.a. High -0.6% (YoY) (4Q A) EUR Euro-Zone Gross 10:00 Domestic Product s.a. Medium -0.1% (QoQ) (4Q A) USD Initial Jobless 13:30 Medium 360K 366K Claims (FEB 10) USD Continuing Claims 13:30 Low 3200K 3224K (FEB 3) USD EIA Natural Gas 15:30 Storage Change (FEB Low -118 8) NZD Retail Sales Ex 21:45 Medium -0.4% Inflation (QoQ) (4Q) JPY Japan Buying 23:50 Foreign Stocks (Yen) Low (FEB 8) JPY Japan Buying 23:50 Foreign Bonds (Yen) Low (FEB 8) JPY Foreign Buying 23:50 Japan Stocks (Yen) Low ¥419.5B (FEB 8) JPY Foreign Buying 23:50 Japan Bonds (Yen) Low (FEB 8) Fri USD Revisions of LowFeb 15 Producer Price Index CNY MNI February 01:35 Flash Business Low Sentiment Indicator NZD Non Resident 02:00 Low 64.0% Bond Holdings (JAN) JPY Industrial 04:30 Production (YoY) (DEC Medium -7.8% F) (DEC F) JPY Industrial 04:30 Production (MoM) Low 2.5% (DEC F) (DEC F) JPY Capacity 04:30 Utilization (MoM) (DEC Low -0.2% F) (DEC F) USD G20 Finance Ministers and Central 05:00 Medium Bank Governors Meeting in Russia GBP Retail Sales 09:30 w/Auto Fuel (YoY) Medium 0.9% 0.3% (JAN) GBP Retail Sales (YoY) 09:30 Medium 1.6% 1.1% (JAN) GBP Retail Sales 09:30 w/Auto Fuel (MoM) Low 0.5% -0.1% (JAN) GBP Retail Sales 09:30 Low 0.5% -0.3% (MoM) (JAN)
  • 13. EUR Euro-Zone Trade 10:00 Balance s.a. (euros) Low 10.6B 11.0B (DEC) EUR Euro-Zone Trade 10:00 Low 12.0B 13.7B Balance (euros) (DEC) USD Empire 13:30 Low -2 -7.78 Manufacturing (FEB) CAD Manufacturing 13:30 Shipments (MoM) Low -0.5% 1.7% (DEC) USD Net Long-term 14:00 Medium $52.3B TIC Flows (DEC) CAD Existing Home 14:00 Medium -0.5% Sales (MoM) (JAN) USD Total Net TIC 14:00 Low $27.8B Flows (DEC) USD Manufacturing 14:15 Medium 0.2% 0.8% (SIC) Production (JAN) USD Industrial 14:15 Medium 0.2% 0.3% Production (JAN) USD Capacity 14:15 Low 78.9% 78.8% Utilization (JAN) USD U. of Michigan 14:55 High 74.5 73.8 Confidence (FEB P)www.epicresearch.co + 91 9752199966
  • 14. DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable,but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choosethe product/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information contained hereinis based on analysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The reportdoes not provide individually tailor-made investment advice. Epic research recommends that investorsindependently evaluate particular investments and strategies, and encourages investors to seek the advice of afinancial adviser. Epic research shall not be responsible for any transaction conducted based on the informationgiven in this report, which is in violation of rules and regulations of NSE and BSE.The share price projections shown are not necessarily indicative of future price performance. The informationherein, together with all estimates and forecasts, can change without notice. Analyst or any person related toepic research might be holding positions in the stocks recommended. It is understood that anyone who isbrowsing through the site has done so at his free will and does not read any views expressed asa recommendation for which either the site or its owners or anyone can be held responsible for . Anysurfing and reading of the information is the acceptance of this disclaimer.All Rights Reserved.Investment in equity & bullion market has its own risks.We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any lossincurred whatsoever for any financial profits or loss which may arise from the recommendations aboveepic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients(Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report orAny Information Provided by us to/with anyone which is received directly or indirectly by them. If found so thenSerious Legal Actions can be taken.