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Iforex Market Insight
 INTERNATIONAL CURRENCY
BUZZ
 ECONOMIC CALENDAR
 GBP/USD HOURLY CHART
 EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE
FOREX- Aussie holds weaker as China PMI final for July falls
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date– 5–AUG
INTERNATIONAL CURRENCY BUZZ
GBP/USD
AUD/USD
The Australian dollar rallied over 1% to two-week highs against its U.S. counterpart on Tuesday,
supported by the release of strong retail sales and trade data from Australia and after the Re-
serve Bank of Australia left interest rates unchanged. AUD/USD hit 0.7382 during late Asian
trade, the pair's highest since July 23; the pair subsequently consolidated at 0.7377, jumping
1.27%.the RBA decided to hold its benchmark interest rate at 2.00%, in line with expectations.
Commenting on the decision, the central bank said that monetary policy needs to be accom-
modative and that low interest rates are currently acting to support borrowing and spending.
FOREX- Commodity currencies rise, Aussie up after RBA shifts tone
FOREX- Dollar edges lower vs. rivals as markets eye U.S. jobs data
FOREX- Kiwi climbs higher vs. softer greenback
GBPUSD has made quite a few attempts to break the resistance at 1.565 and looks to have
formed a double top. If this pattern is validated, GBPUSD could see a quick decline down to
1.55165 which marks the measured move of the double top pattern and also forms the ma-
jor support level that we have noted. On the daily charts, price has been moving sideways
but there is a potential ascending triangle pattern being formed with resistance at 1.567. If
the lower time frame double top pattern is validated, GBPUSD could see a decline to
1.5516 which could then give way for a test to 1.5324.
Iforex Market Insight
Date– 5–AUG
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, August 5, 2015
02:00 USD API Weekly Crude Oil Stock -1.900M
04:15 NZD Employment Change (QoQ) (Q2) 0.5% 0.7%
04:15 NZD Unemployment Rate (Q2) 5.9% 5.8%
12:45 CHF CPI (MoM) (Jul) -0.4% 0.1%
13:30 EUR Market Composite PMI (Jul) 53.7 53.7
13:30 EUR Services PMI (Jul) 53.8 53.8
14:00 GBP Services PMI (Jul) 58.0 58.5
14:30 EUR Retail Sales (MoM) (Jun) -0.3% 0.2%
17:45 USD ADP Nonfarm Employment Change (Jul) 215K 237K
18:00 USD Trade Balance (Jun) -42.80B -41.90B
18:00 CAD Trade Balance (Jun) -2.80B -3.34B
19:15 USD Market Composite PMI (Jul) 55.2
19:15 USD Services PMI (Jul) 55.2 55.2
19:30 USD ISM Non-Manufacturing Employment (Jul) 52.7
19:30 USD ISM Non-Manufacturing PMI (Jul) 56.2 56.0
20:00 USD Crude Oil Inventories -4.203M
Iforex Market Insight
Date– 5–AUG
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBPUSD ABOVE 1.5640 TARGET 1.5660 1.5690 SL 1.5610
SELL GBPUSD BELOW 1.5505 TARGET 1.5485 1.5455 SL 1.5535
GBP/USD HOURLY CHART
BUY EURUSD ABOVE 1.0945 TARGET 1.0965 1.0995 SL 1.0915
SELL EURUSD BELOW 1.0845 TARGET 1.0825 1.0795 SL 1.0875
The 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 choose
the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein
is based on analysis and up on sources that we consider reliable. This material is for personal information and
based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report
does not provide individually tailor-made investment advice. Epic research recommends that investors inde-
pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi-
nancial adviser. Epic research shall not be responsible for any transaction conducted based on the information
given in this report, which is in violation of rules and regulations .
The share price projections shown are not necessarily indicative of future price performance. The information
herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to
epic research might be holding positions in the stocks recommended. It is understood that anyone who is
browsing through the site has done so at his free will and does not read any views expressed as a recommen-
dation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of
the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market
has its own risks.
EPIC RESEARCH SINGAPORE

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Epic Research Singapore : - Daily IForex Report of 05 August 2015

  • 1. Iforex Market Insight  INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR  GBP/USD HOURLY CHART  EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE
  • 2. FOREX- Aussie holds weaker as China PMI final for July falls www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- Iforex Market Insight Date– 5–AUG INTERNATIONAL CURRENCY BUZZ GBP/USD AUD/USD The Australian dollar rallied over 1% to two-week highs against its U.S. counterpart on Tuesday, supported by the release of strong retail sales and trade data from Australia and after the Re- serve Bank of Australia left interest rates unchanged. AUD/USD hit 0.7382 during late Asian trade, the pair's highest since July 23; the pair subsequently consolidated at 0.7377, jumping 1.27%.the RBA decided to hold its benchmark interest rate at 2.00%, in line with expectations. Commenting on the decision, the central bank said that monetary policy needs to be accom- modative and that low interest rates are currently acting to support borrowing and spending. FOREX- Commodity currencies rise, Aussie up after RBA shifts tone FOREX- Dollar edges lower vs. rivals as markets eye U.S. jobs data FOREX- Kiwi climbs higher vs. softer greenback GBPUSD has made quite a few attempts to break the resistance at 1.565 and looks to have formed a double top. If this pattern is validated, GBPUSD could see a quick decline down to 1.55165 which marks the measured move of the double top pattern and also forms the ma- jor support level that we have noted. On the daily charts, price has been moving sideways but there is a potential ascending triangle pattern being formed with resistance at 1.567. If the lower time frame double top pattern is validated, GBPUSD could see a decline to 1.5516 which could then give way for a test to 1.5324.
  • 3. Iforex Market Insight Date– 5–AUG www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Wednesday, August 5, 2015 02:00 USD API Weekly Crude Oil Stock -1.900M 04:15 NZD Employment Change (QoQ) (Q2) 0.5% 0.7% 04:15 NZD Unemployment Rate (Q2) 5.9% 5.8% 12:45 CHF CPI (MoM) (Jul) -0.4% 0.1% 13:30 EUR Market Composite PMI (Jul) 53.7 53.7 13:30 EUR Services PMI (Jul) 53.8 53.8 14:00 GBP Services PMI (Jul) 58.0 58.5 14:30 EUR Retail Sales (MoM) (Jun) -0.3% 0.2% 17:45 USD ADP Nonfarm Employment Change (Jul) 215K 237K 18:00 USD Trade Balance (Jun) -42.80B -41.90B 18:00 CAD Trade Balance (Jun) -2.80B -3.34B 19:15 USD Market Composite PMI (Jul) 55.2 19:15 USD Services PMI (Jul) 55.2 55.2 19:30 USD ISM Non-Manufacturing Employment (Jul) 52.7 19:30 USD ISM Non-Manufacturing PMI (Jul) 56.2 56.0 20:00 USD Crude Oil Inventories -4.203M
  • 4. Iforex Market Insight Date– 5–AUG www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBPUSD ABOVE 1.5640 TARGET 1.5660 1.5690 SL 1.5610 SELL GBPUSD BELOW 1.5505 TARGET 1.5485 1.5455 SL 1.5535 GBP/USD HOURLY CHART BUY EURUSD ABOVE 1.0945 TARGET 1.0965 1.0995 SL 1.0915 SELL EURUSD BELOW 1.0845 TARGET 1.0825 1.0795 SL 1.0875
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