Epic Research provides ultimate FOREX signals for their clients to produce amazingly accurate results. Our research team prepare such I-FOREX Signals live charts and track-sheets of the past performance consulting which traders can generate maximum profit from the market place.This report helps you to achieve desired success in the SGX Stock Exchange.

1. EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
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11-AUGEST-2014

2. INTERNATIONAL CURRENCY BUZZ
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Forex -Dollar falls on European data, geopolitical concerns
Forex -CFTC - week ending August 5: speculators more bearish on Euro, Yen
Forex -Dollar rises on jobless claims, though geopolitical woes dampen gains
USD/JPY
USD/JPY hit 101.60 during late Asian trade, the pair's lowest since July 24; the pair subsequently consolidated at
101.73, shedding 0.35%.The pair was likely to find support at 101.42, the low of July 24 and resistance at 102.15, the
session high.The greenback strengthened broadly this week after a series of upbeat U.S. economic reports sparked
fresh speculation over the timing of a rate cut by the Federal Reserve.On Thursday, the U.S. Department of Labor
said the number of individuals filing for initial jobless benefits in the week ending August 2 decreased by 14,000 to
289,000 from the previous week’s total of 303,000.
GBP/USD
In U.S. trading on Thursday, GBP/USD was trading down 0.08% at 1.6842 up from a session low of 1.6824 and off a
high of 1.6864.Cable was likely to find support at 1.6822, Wednesday's low, and resistance at 1.6888, Tuesday's high.
The U.S. Department of Labor reported earlier that the number of individuals filing for initial jobless benefits in the
week ending Aug. 2 fell by 14,000 to 289,000 from the previous week’s total of 303,000.
Analysts had expected jobless claims to rise by 2,000 to 305,000 last week, and the numbers fueled already growing
market expectations for the Federal Reserve to close its monthly bond-buying stimulus program in October and
begin hiking interest rates afterwards in 2015.

3. DAILY ECONOMIC DATA
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4. EPIC'S ANALYST SPEAKS
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USD/JPY Hourly Chart
INTRADAY OUTLOOK
Support: 101.48
Resistance: 102.15
RECOMMENDATION:
1. Buy USD/JPY Above 102.18: TG: 102.33/102.53 SL 102.03
2. Sell USD/JPY Below 101.45 TG: 101.30/101.10 SL 101.65

5. EPIC'S ANALYST SPEAKS
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GBP/USD Hourly Chart
INTRADAY OUTLOOK
Support: 1.6777
Resistance: 1.6821
RECOMMENDATION:
1. Buy GBP/USD Above 1.6825 TG: 1.6840/ 1.6860 SL 1.6805
2. Sell GBP/USD Below 1.6772 TG: 1.6757/1.6737 SL 1.6792

6. DISCLAIMER
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