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Iforex Market Insight
 INTERNATIONAL CURRENCY
BUZZ
 ECONOMIC CALENDAR
 GBP/USD HOURLY CHART
 EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE
Forex- Dollar remains broadly lower with U.S. data on tap.
Forex- Sterling hits session lows as UK growth slows sharply.
Forex- Euro steady against dollar ahead of U.S. data
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date:29-Apr
INTERNATIONAL CURRENCY BUZZ
GBP/USD
EUR/USD
GBP/USD hit lows of 1.5177 immediately following the release of the data and was last at
1.5212 from around 1.5225 ahead of the data. Sterling hit highs of 1.5260 earlier Tuesday, the
most since March 6.The pound retreated from two-month highs against the dollar on Tuesday
after data showed that U.K. economic growth slowed more sharply than expected in the first
three months of the year. The Office of National Statistics said gross domestic product ex-
panded 0.3% in the three months to March, slowing from 0.6% in the final quarter of 2014. It
was the slowest rate of growth since the fourth quarter of 2012.The consensus forecast among
economists was for a more moderate slowdown to 0.5%.
EUR/USD was at 1.0883, not far from Monday’s three-week peaks of 1.0926.The euro was
steady close to three week highs against the dollar on Tuesday supported by hopes for a break-
through on Greece’s debt negotiations, as investors awaited U.S. fresh economic reports later
in the day. The euro found support after Greek Prime Minister Alexis Tsipras reshuffled the
team handling talks with the country’s international lenders, fuelling optimism that a deal will
be reached by early May. Traders were looking ahead to the S&P/Case Shiller housing index
and a report on U.S. consumer confidence later in the day for further indications on the
strength of the recovery, ahead of Wednesday’s Federal Reserve policy announcement.
Iforex Market Insight
Date:29-Apr
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, April 29, 2015
All Day Holiday Japan - Showa Day
02:00 USD API Weekly Crude Stock 1.400M 5.500M
04:15 NZD Trade Balance (YoY) (Mar) -2,740M -2,180M
04:15 NZD Trade Balance (MoM) (Mar) 341M 50M
06:30 NZD ANZ Business Confidence (Apr) 35.8%
11:30 GBP Nationwide HPI (YoY) (Apr) 4.1% 5.1%
11:30 GBP Nationwide HPI (MoM) (Apr) 0.2% 0.1%
17:30 EUR German CPI (MoM) (Apr) -0.1% 0.5%
18:00 USD GDP (QoQ) (Q1) 1.0% 2.2%
18:00 USD GDP Price Index (QoQ) 0.5% 0.1%
18:00 CAD RMPI (MoM) (Mar) -1.8% 6.1%
19:30 USD Pending Home Sales (MoM) (Mar) 1.0% 3.1%
20:00 USD Crude Oil Inventories 2.300M 5.315M
23:30 USD FOMC Statement
23:30 USD Fed Interest Rate Decision 0.25% 0.25%
Iforex Market Insight
Date:28-Apr
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBPUSD ABOVE 1.5342 TARGET 1.5362 1.5392 SL 1.5312
SELL GBPUSD BELOW 1.5334 TARGET 1.5314 1.5284 SL 1.5366
GBP/USD HOURLY CHART
BUY EURUSD ABOVE 1.0974 TARGET 1.0994 1.1027 SL 1.0944
SELL EURUSD BELOW 1.0965 TARGET 1.0945 1.0915 SL 1.0995
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 29 April 2015

  • 1. Iforex Market Insight  INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR  GBP/USD HOURLY CHART  EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE
  • 2. Forex- Dollar remains broadly lower with U.S. data on tap. Forex- Sterling hits session lows as UK growth slows sharply. Forex- Euro steady against dollar ahead of U.S. data www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- Iforex Market Insight Date:29-Apr INTERNATIONAL CURRENCY BUZZ GBP/USD EUR/USD GBP/USD hit lows of 1.5177 immediately following the release of the data and was last at 1.5212 from around 1.5225 ahead of the data. Sterling hit highs of 1.5260 earlier Tuesday, the most since March 6.The pound retreated from two-month highs against the dollar on Tuesday after data showed that U.K. economic growth slowed more sharply than expected in the first three months of the year. The Office of National Statistics said gross domestic product ex- panded 0.3% in the three months to March, slowing from 0.6% in the final quarter of 2014. It was the slowest rate of growth since the fourth quarter of 2012.The consensus forecast among economists was for a more moderate slowdown to 0.5%. EUR/USD was at 1.0883, not far from Monday’s three-week peaks of 1.0926.The euro was steady close to three week highs against the dollar on Tuesday supported by hopes for a break- through on Greece’s debt negotiations, as investors awaited U.S. fresh economic reports later in the day. The euro found support after Greek Prime Minister Alexis Tsipras reshuffled the team handling talks with the country’s international lenders, fuelling optimism that a deal will be reached by early May. Traders were looking ahead to the S&P/Case Shiller housing index and a report on U.S. consumer confidence later in the day for further indications on the strength of the recovery, ahead of Wednesday’s Federal Reserve policy announcement.
  • 3. Iforex Market Insight Date:29-Apr www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Wednesday, April 29, 2015 All Day Holiday Japan - Showa Day 02:00 USD API Weekly Crude Stock 1.400M 5.500M 04:15 NZD Trade Balance (YoY) (Mar) -2,740M -2,180M 04:15 NZD Trade Balance (MoM) (Mar) 341M 50M 06:30 NZD ANZ Business Confidence (Apr) 35.8% 11:30 GBP Nationwide HPI (YoY) (Apr) 4.1% 5.1% 11:30 GBP Nationwide HPI (MoM) (Apr) 0.2% 0.1% 17:30 EUR German CPI (MoM) (Apr) -0.1% 0.5% 18:00 USD GDP (QoQ) (Q1) 1.0% 2.2% 18:00 USD GDP Price Index (QoQ) 0.5% 0.1% 18:00 CAD RMPI (MoM) (Mar) -1.8% 6.1% 19:30 USD Pending Home Sales (MoM) (Mar) 1.0% 3.1% 20:00 USD Crude Oil Inventories 2.300M 5.315M 23:30 USD FOMC Statement 23:30 USD Fed Interest Rate Decision 0.25% 0.25%
  • 4. Iforex Market Insight Date:28-Apr www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBPUSD ABOVE 1.5342 TARGET 1.5362 1.5392 SL 1.5312 SELL GBPUSD BELOW 1.5334 TARGET 1.5314 1.5284 SL 1.5366 GBP/USD HOURLY CHART BUY EURUSD ABOVE 1.0974 TARGET 1.0994 1.1027 SL 1.0944 SELL EURUSD BELOW 1.0965 TARGET 1.0945 1.0915 SL 1.0995
  • 5. 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