Daily i-forex-report-1 by epic research 30.04.13

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The Japanese Yen was a top performer this past week, losing only -0.08% to the top British Pound, while adding at least +0.52% against six of the major currencies, even posting gains greater than or equal to +1.48% against four of the major currencies DailyFX Research covers.
British Pound to Hold Bullish Trend as UK Skirts Triple-Dip Recession
The British Pound rallied to a fresh monthly high of 1.5497 as the U.K. emerged from the double-dip recession, and the sterling may track higher ahead of the next Bank of England (BoE) interest rate decision on May 9 as market participants scale back bets for more quantitative easing.

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Daily i-forex-report-1 by epic research 30.04.13

  1. 1. DAILY I FOREX REPORT30THAPRIL 2013WWW.EPICRESEARCH.CO +91 9752199966
  2. 2. WWW.EPICRESEARCH.CO +91 9752199966 Euro May not Hold Back theTides on ECB Cut, FreshCyprus Trouble Euro-Zone EconomicConfidence Declines For ASecond Month Euro Looks to German CPIto Set Stage for ECB RateDecisionForex Trading Weekly Forecast 04.29.2013Tired of Choppy Dollar Moves? The Coming Week Could be HugeThe US Dollar (ticker: USDOLLAR) rallied to start the week as the Euro initially fell to multi-week lows, but a sharp reversal left the safe-haven currency lower as the US S&P 500 finishedjust shy of record peaks.Euro Dangerously Exposed to ECB Rate Decision, Cyprus and GreeceThere is a laundry list of fundamental landmines for euro traders to watch moving forward –and that means volatility and even trend development should be expected for EURUSD andother crosses. At the top of the list is the ECB rate decision.Japanese Yen Room to Rally as BoJ Withholds Stimulus DetailsThe Japanese Yen was a top performer this past week, losing only -0.08% to the top BritishPound, while adding at least +0.52% against six of the major currencies, even posting gainsgreater than or equal to +1.48% against four of the major currencies DailyFX Research covers.British Pound to Hold Bullish Trend as UK Skirts Triple-Dip RecessionThe British Pound rallied to a fresh monthly high of 1.5497 as the U.K. emerged from thedouble-dip recession, and the sterling may track higher ahead of the next Bank of England(BoE) interest rate decision on May 9 as market participants scale back bets for morequantitative easing.Australian Dollar at Risk on RBA Outlook, Global Slowdown FearsThe Australian Dollar looks vulnerable to deeper losses amid mounting RBA ratecut bets and returning risk aversion on the back of global slowdown fears.Gold Still Bearish below $1504- Rebound at RiskAhead of FOMC, NFPsTRADING TIPS BUY EURUSD ABOVE1.3100 tgs1.3120/1.3140 sl1.3070 BUY USDJPY ABOVE98.00 tgt 98.20/98.40SL 97.70 SELL GBPUSD BELOW1.5475 Tgt1.5455/1.5435 SL1.5505HEADLINES
  3. 3.  HOURLY EURUSD CHARTANALYSISOPEN: 1.3041HIGH: 1.3100LOW: 1.3032CLOSE: 1.3084 EURUSD LOOKS UPWARD TREND : BULLISH STRATEGY: BUY ON DIPS MACD =>.0004(BULLISH SIGNAL) RSI => 65(BULLISH SIGNAL)HOURLY EURUSD CHART
  4. 4.  HOURLY USDJPY CHARTANALYSISOPEN: 97.86HIGH: 97.97LOW: 97.35CLOSE: 97.84 USDJPY LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS MACD => 0.06( BULLISH SIGNAL) RSI =>45(BULLISH SIGNAL)HOURLY USDJPY CHART
  5. 5.  HOURLY GBPUSD CHARTANALYSISOPEN: 1.5489HIGH: 1.5546LOW: 1.5478CLOSE: 1.5537 GBPUSD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE MACD => .001( BEARISH SIGNAL) RSI => 70(BEARISH SIGNAL)HOURLY GBPUSD CHART
  6. 6. ANALYSISOPEN: 0.8419HIGH: 0.8433LOW: 0.8405CLOSE: 0.8423 EURGBP LOOKS UPWARDS TREND: BULLISH STRATEGY: BUY ON DIPS MACD =>-.003(BULLISH SIGNAL) RSI =>52(BULLISH SIGNAL)HOURLY EURGBP CHART
  7. 7. www.epicresearch.co + 91 9752199966HOURLY USDINDEX CHARTANALYSISOPEN: 82.4750HIGH: 82.4750LOW: 82.1130CLOSE: 82.1670 USDINDEX LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE MACD =>0.22(BEARISH SIGNAL) RSI =>39(BEARISH SIGNAL)
  8. 8. Date Time Currency Event Importance Actual Forecast Previous NotesSunApr 2823:01GBP HometrackHousing Survey (MoM)(APR)Low 0.3% 0.3%23:01GBP HometrackHousing Survey (YoY)(APR)Low 0.2% 0.0%23:01GBP Lloyds BusinessBarometer (APR)Low 27 20MonApr 29CNY Leading Index(MAR)Medium 100.2309:00EUR Euro-ZoneBusiness ClimateIndicator (APR)Medium -0.93 -0.91 -0.7509:00EUR Euro-ZoneConsumer Confidence(APR F)Medium -22.3 -22.3 -22.309:00EUR Euro-ZoneEconomic Confidence(APR)Low 88.6 89.3 90.109:00EUR Euro-ZoneIndustrial Confidence(APR)Low -13.8 -13.5 -12.309:00EUR Euro-ZoneServices Confidence(APR)Low -11.1 -7.1 -7.009:00EUR Italy to Sell 5 and10-Year BondsLow10:30EUR EUs Task Forcefor Greece ReleasesQuarterly ReportMedium12:00EUR GermanConsumer Price Index -EU Harmonised (YoY)(APR P)High 1.7% 1.8%12:00EUR GermanConsumer Price Index(YoY) (APR P)High 1.4% 1.4%12:00EUR GermanConsumer Price Index -EU Harmonised (MoM)(APR P)Medium -0.1% 0.4%12:00EUR GermanConsumer Price Index(MoM) (APR P)Medium -0.2% 0.5%12:30USD PersonalConsumptionExpenditure Core(YoY) (MAR)High 1.2% 1.3%12:30USD PersonalConsumptionExpenditure Core(MoM) (MAR)Medium 0.1% 0.1%ECONOMIC CALENDER
  9. 9. 12:30USD Personal Income(MAR)Medium 0.4% 1.1%12:30USD PersonalSpending (MAR)Medium 0.0% 0.7%12:30USD PersonalConsumptionExpenditure Deflator(MoM) (MAR)Low -0.1% 0.4%12:30USD PersonalConsumptionExpenditure Deflator(YoY) (MAR)Low 1.0% 1.3%14:00USD Pending HomeSales (YoY) (MAR)Medium 6.1% 5.0%14:00USD Pending HomeSales (MoM) (MAR)Low 1.0% -0.4%14:30USD Dallas FedManufacturing Activity(APR)Low 5.0 7.422:45NZD Building Permits(MoM) (MAR)Low 2.0% 1.9%23:01GBP GfK ConsumerConfidence Survey(APR)Medium -26.0 -26.023:30JPY HouseholdSpending (YoY) (MAR)Medium 1.6% 0.8%23:30JPY Jobless Rate(MAR)Medium 4.2% 4.3%23:50JPY IndustrialProduction (YoY) (MARP)Medium -7.2% -10.5%23:50JPY Large RetailersSales (MAR)Medium 1.8% -3.7%23:50JPY Retail Trade (YoY)(MAR)Medium 0.4% -2.2%23:50JPY IndustrialProduction (MoM)(MAR P)Low 0.4% 0.6%23:50JPY Retail Trade s.a.(MoM) (MAR)Low -0.8% 1.7%TueApr 3001:00NZD NBNZ BusinessConfidence (APR)Medium 34.601:00NZD ANZ ActivityOutlook (APR)Low 32.401:30AUD Private SectorCredit (MoM) (MAR)Medium 0.3% 0.2%01:30AUD Private SectorCredit (YoY) (MAR)Medium 3.1% 3.4%03:00NZD Money Supply M3(YoY) (MAR)Low 6.6%04:00JPY Vehicle Production(YoY) (MAR)Low -15.1%
  10. 10. 05:00JPY AnnualizedHousing Starts (MAR)Medium 0.890M 0.944M05:00JPY Housing Starts(YoY) (MAR)Medium 6.0% 3.0%05:00JPY ConstructionOrders (YoY) (MAR)Low 16.3%06:00EUR German GfKConsumer ConfidenceSurvey (MAY)Medium 5.9 5.906:00EUR German RetailSales (YoY) (MAR)Medium -1.2% -2.2%06:00EUR German RetailSales (MoM) (MAR)Low -0.3% -0.3%07:55EUR GermanUnemployment Change(APR)High 2K 13K07:55EUR GermanUnemployment Rates.a. (APR)Medium 6.9% 6.9%08:00EUR ItalianUnemployment Rate(SA) (MAR P)Medium 11.7% 11.6%08:30GBP Net ConsumerCredit (MAR)Medium 0.5B 0.6B08:30GBP Net Lending Sec.on Dwellings (MAR)Medium 0.6B 0.9B08:30GBP M4 Ex IOFCs 3MAnnualised (MAR)Low 3.1% 3.1%08:30GBP M4 Money Supply(MoM) (MAR)Low -0.5%08:30GBP M4 Money Supply(YoY) (MAR)Low 0.5%08:30GBP MortgageApprovals (MAR)Low 52.7K 51.7K09:00EUR Euro-ZoneUnemployment Rate(MAR)High 12.1% 12.0%09:00EUR Euro-ZoneConsumer Price IndexEstimate (YoY) (APR)Medium 1.6% 1.7%12:30CAD Gross DomesticProduct (YoY) (FEB)High 1.3% 1.0%12:30CAD Gross DomesticProduct (MoM) (FEB)Medium 0.2% 0.2%12:30CAD Industrial ProductPrice (MoM) (MAR)Low 0.0% 1.4%12:30CAD Raw MaterialsPrice Index (MoM)(MAR)Low 0.5% 2.2%12:30USD Employment CostIndex (1Q)Low 0.5% 0.4%13:00USD NAPM-Milwaukee(APR)Low 51.50 50.98
  11. 11. 13:00USD S&P/CS 20 Citys.a. (MoM) (FEB)Low 0.8% 1.02%13:00USD S&P/Case-ShillerComposite-20 (YoY)(FEB)Low 9.0% 8.1%13:00USD S&P/Case-ShillerHome Price Index(FEB)Low 146.43 146.1413:45USD ChicagoPurchasing Manager(APR)Medium 52.6 52.414:00USD ConsumerConfidence (APR)High 61.0 59.723:30AUD AiG Performanceof Manufacturing Index(APR)Medium 44.4WedMay 100:00AUD RPData-RismarkHouse PX Actual (APR)Low 1.3%01:00CNY ManufacturingPMI (APR)High 50.7 50.901:00AUD HIA New HomeSales (MoM) (MAR)Medium -5.3%01:30JPY Labor CashEarnings (YoY) (MAR)Medium -1.2% -0.7%05:00JPY Vehicle Sales(YoY) (APR)Low -15.6%06:00GBP Nationwide HousePrices n.s.a. (YoY)(APR)Medium 1.3% 0.8%06:00GBP Nationwide HousePrices s.a. (MoM)(APR)Low 0.3% 0.0%06:30AUD RBA CommodityIndex SDR (YoY)(APR)Low -7.5%06:30AUD RBA CommodityPrice Index (APR)Low 87.908:30GBP PurchasingManager IndexManufacturing (APR)Medium 48.5 48.311:00USD MBA MortgageApplications (APR 26)Low 0.2%12:15USD ADP EmploymentChange (APR)Medium 158K12:58USD Markit US PMIFinal (APR)Low14:00USD ISMManufacturing (APR)High 51.314:00USD ConstructionSpending (MoM) (MAR)Medium 1.2%14:00USD ISM Prices Paid(APR)Medium 54.5
  12. 12. 14:30USD DOE Cushing OKCrude Inventory (ARP26)Low 35K14:30USD DOE U.S. CrudeOil Inventories (ARP26)Low 947K14:30USD DOE U.S.Distillate Inventory(ARP 26)Low 97K14:30USD DOE U.S.Gasoline Inventories(ARP 26)Low -3928K18:00USD Federal OpenMarket Committee RateDecision (MAY 1)High 0.25% 0.25%18:00USD Federal ReserveFOMC Meeting (MAY1)High21:00USD Domestic VehicleSales (APR)Low 12.00M 12.00M21:00USD Total VehicleSales (APR)Low 15.30M 15.22M23:50JPY Foreign BuyingJapan Bonds (Yen)(ARP 26)Low -¥199.3B23:50JPY Foreign BuyingJapan Stocks (Yen)(ARP 26)Low -¥27.9B23:50JPY Japan BuyingForeign Bonds (Yen)(ARP 26)Low -¥862.6B23:50JPY Japan BuyingForeign Stocks (Yen)(ARP 26)Low -¥27.8B23:50JPY Monetary Base(YoY) (APR)LowThuMay 2GBP Halifax HousePrice (3MoY) (APR)Low 1.1%GBP Halifax Plc HousePrices s.a. (MoM)(APR)Low 0.2%JPY Official ReserveAssets (APR)Low $1254.4B01:00NZD ANZ CommodityPrice (APR)Low 7.4%01:30AUD BuildingApprovals (MoM)(MAR)Low 1.3% 3.1%01:30AUD BuildingApprovals (YoY) (MAR)Low 13.6% 12.8%01:30AUD Export Price Index(QoQ) (1Q)Low 4.5% -2.4%01:30AUD Import Price Index(QoQ) (1Q)Low -0.5% 0.3%01:45CNY HSBCManufacturing PMI(APR)Medium 50.6 51.6
  13. 13. 07:30CHF SVME-PurchasingManagers Index (APR)Medium 49.0 48.307:45EUR Italian PurchasingManager IndexManufacturing (APR)Medium 44.8 44.507:50EUR FrenchPurchasing ManagerIndex Manufacturing(APR F)Medium 44.4 44.407:55EUR GermanPurchasing ManagerIndex Manufacturing(APR F)Medium 47.9 47.908:00EUR Euro-ZonePurchasing ManagerIndex Manufacturing(APR F)Medium 46.5 46.508:30GBP PurchasingManager IndexConstruction (APR)Medium 48.0 47.211:30USD Challenger JobCuts (YoY) (APR)Low 30.0%11:30USD RBC ConsumerOutlook Index (MAY)Low 50.311:45EUR European CentralBank Rate Decision(MAY 2)High 0.50% 0.75%11:45EUR European CentralBank Deposit FacilityRate (MAY 2)Medium 0.0% 0.0%12:30USD Initial JoblessClaims (ARP 26)Medium 345K 339K12:30USD Trade Balance(MAR)Medium -$42.0B -$43.0B12:30CAD InternationalMerchandise Trade(Canadian dollar)(MAR)Low -0.70B -1.02B12:30USD Continuing Claims(APR 20)Low 3000K12:30USD Non-FarmProductivity (1Q P)Low 1.8% -1.9%12:30USD Unit Labor Costs(1Q P)Low 0.0% 4.6%13:45USD ISM New York(APR)Low 51.214:30USD EIA Natural GasStorage Change (ARP26)Low 30.023:30AUD AiG Performanceof Service Index (APR)Medium 49.6FriMay 301:00CNY Non-manufacturing PMI(APR)Medium 55.601:30AUD Producer PriceIndex (QoQ) (1Q)Medium 0.2%
  14. 14. 01:30AUD Producer PriceIndex (YoY) (1Q)Medium 1.0%06:00CHF UBS Real EstateBubble Index (1Q)Medium 1.1108:30GBP PurchasingManager IndexServices (APR)Medium 52.3 52.408:30GBP Official Reserves(Changes) (APR)Low $202M09:00EUR Euro-ZoneProducer Price Index(YoY) (MAR)High 0.6% 1.3%09:00EUR Euro-ZoneProducer Price Index(MoM) (MAR)Medium -0.2% 0.2%12:30USD Change in Non-farm Payrolls (APR)High 88K12:30USD UnemploymentRate (APR)High 7.6% 7.6%12:30USD Average HourlyEarning All Employees(MoM) (APR)Medium 0.2% 0.0%12:30USD Average HourlyEarning All Employees(YoY) (APR)Medium 1.9% 1.8%12:30USD Change in PrivatePayrolls (APR)Medium 170K 95K12:30USD Average WeeklyHours All Employees(APR)Low 34.6 34.612:30USD Change inHouseholdEmployment (APR)Low -20612:30USD Change inManufacturing Payrolls(APR)Low 5K -3K12:30USD Two-MonthPayroll Net Revision(APR)Low12:30USD UnderemploymentRate (U6) (APR)Low 13.8%14:00USD Factory Orders(MAR)Medium -2.4% 3.0%14:00USD ISM Non-ManufacutringComposite (APR)Medium 54.0 54.416:45USD Feds LackerSpeaks on theEconomy in VirginiaLow
  15. 15. 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.
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