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EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
YOUR MINTVISORY Call us at +91-731-6642300
25-FEB-2015
INTERNATIONAL CURRENCY BUZZ
YOUR MINTVISORY Call us at +91-6642300
Forex-Dollar pushes higher before Yellen testimony.
Forex-Euro little changed with Greece, Yellen testimony in focus.
Forex-GBP/USD holds steady ahead of U.K. inflation hearings.
GBP/USD
GBP/USD hit 1.5474 during European morning trade, the session high; the pair subsequently consolidated at
1.5446.Investors remained cautious as Fed Chair Janet Yellen was to testify before the Senate Banking Committee
in Washington later Tuesday, with market participants watching for any indication on when U.S. interest rates
may start to rise.Last week’s minutes of the Fed’s January meeting were more dovish than expected, showing that
some officials thought that raising rates too soon could weigh on the U.S. economic recovery, and that a
deterioration in the global economic outlook could also pose a threat.The pound shrugged off a report by the
Confederation of British Industry on Monday showing that its index of U.K. retailers plunged by 38.0 points to a
21-month low of 1.0 in February from 39.0 in January.
EUR/USD
EUR/USD slid 0.24% to 1.1307 from 1.1333 late Monday.Earlier Tuesday Greece delivered a list of proposed
economic reforms to Brussels after missing Monday’s midnight deadline. The reforms must now be approved by the
country’s lenders in order for Greece to secure a four-month bailout extension.Market participants were looking
ahead to testimony by Fed Chair Janet Yellen before the Senate Banking Committee in Washington later in the day
for any indication on when U.S. interest rates may start to rise.Last week’s minutes of the Fed’s January meeting
were more dovish than expected, showing that some officials thought that raising rates too soon could weigh on the
U.S. economic recovery, and that a deterioration in the global economic outlook could also pose a threat.
DAILY ECONOMIC DATA
YOUR MINTVISORY Call us at +91-731-6642300
YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY OUTLOOK
Support: 1.5401
Resistance: 1.5479
RECOMMENDATION:
1. Buy GBP/USD Above 1.5481-TG: 1.5501/1.5531 SL 1.5451
2. Sell GBP/USD Below 1.5399-TG: 1.5379/1.5349 SL 1.15429
EUR/USD Hourly Chart
EPIC'S ANALYST SPEAKS
GBP/USD Hourly Chart
EPIC'S ANALYST SPEAKS
YOUR MINTVISORY Call us at +91-731-6642300
EUR/USD Hourly Chart
INTRADAY OUTLOOK
Support: 1.1278
Resistance: 1.1350
RECOMMENDATION:
1. Buy EUR/USD Above 1.1352-TG: 1.1372/1.1402 SL 1.1322
2. Sell EUR/USD Below 1.1276-TG: 1.1256/1.1226 SL 1.1306
DISCLAIMER
YOUR MINTVISORY Call us at +91-731-6642300
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
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial 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 of NSE and
BSE.
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 recommendation 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.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial
profits or loss which may arise from the recommendations above epic 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 or Any
Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

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Epic Research Singapore : - Daily IForex Report of 25 February 2015

  • 1. EPIC RESEARCH REPORT DAILY INTERNATIONAL FOREX YOUR MINTVISORY Call us at +91-731-6642300 25-FEB-2015
  • 2. INTERNATIONAL CURRENCY BUZZ YOUR MINTVISORY Call us at +91-6642300 Forex-Dollar pushes higher before Yellen testimony. Forex-Euro little changed with Greece, Yellen testimony in focus. Forex-GBP/USD holds steady ahead of U.K. inflation hearings. GBP/USD GBP/USD hit 1.5474 during European morning trade, the session high; the pair subsequently consolidated at 1.5446.Investors remained cautious as Fed Chair Janet Yellen was to testify before the Senate Banking Committee in Washington later Tuesday, with market participants watching for any indication on when U.S. interest rates may start to rise.Last week’s minutes of the Fed’s January meeting were more dovish than expected, showing that some officials thought that raising rates too soon could weigh on the U.S. economic recovery, and that a deterioration in the global economic outlook could also pose a threat.The pound shrugged off a report by the Confederation of British Industry on Monday showing that its index of U.K. retailers plunged by 38.0 points to a 21-month low of 1.0 in February from 39.0 in January. EUR/USD EUR/USD slid 0.24% to 1.1307 from 1.1333 late Monday.Earlier Tuesday Greece delivered a list of proposed economic reforms to Brussels after missing Monday’s midnight deadline. The reforms must now be approved by the country’s lenders in order for Greece to secure a four-month bailout extension.Market participants were looking ahead to testimony by Fed Chair Janet Yellen before the Senate Banking Committee in Washington later in the day for any indication on when U.S. interest rates may start to rise.Last week’s minutes of the Fed’s January meeting were more dovish than expected, showing that some officials thought that raising rates too soon could weigh on the U.S. economic recovery, and that a deterioration in the global economic outlook could also pose a threat.
  • 3. DAILY ECONOMIC DATA YOUR MINTVISORY Call us at +91-731-6642300
  • 4. YOUR MINTVISORY Call us at +91-731-6642300 INTRADAY OUTLOOK Support: 1.5401 Resistance: 1.5479 RECOMMENDATION: 1. Buy GBP/USD Above 1.5481-TG: 1.5501/1.5531 SL 1.5451 2. Sell GBP/USD Below 1.5399-TG: 1.5379/1.5349 SL 1.15429 EUR/USD Hourly Chart EPIC'S ANALYST SPEAKS GBP/USD Hourly Chart
  • 5. EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 EUR/USD Hourly Chart INTRADAY OUTLOOK Support: 1.1278 Resistance: 1.1350 RECOMMENDATION: 1. Buy EUR/USD Above 1.1352-TG: 1.1372/1.1402 SL 1.1322 2. Sell EUR/USD Below 1.1276-TG: 1.1256/1.1226 SL 1.1306
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