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Daily i forex signals report by epicresearch 24th april 2014


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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.

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Daily i forex signals report by epicresearch 24th april 2014

  2. 2. INTERNATIONAL CURRENCY BUZZ YOUR MINTVISORY Call us at +91-731-6642300 ➔ Forex - Euro extends gains after euro zone PMI surveys ➔ Forex - USD/CAD modestly higher after Canadian retail sales ➔ Forex - AUD/USD drops to 2-1/2 week lows after Australian data ● USD/CAD ➔ USD/CAD was last trading at 1.1042, up from 1.1028 ahead of the data.The pair was likely to find support at 1.0999, Tuesday’s low and resistance at 1.1075.The pair showed a muted reaction after Statistics Canada reported that retail sales rose 0.5% in February, in line with analysts’ forecasts, slowing from a downwardly revised increase of 0.9% in January.Core retail sales, which exclude automobile sales, rose 0.6%, in line with expectations.The pair has traded in a relatively narrow range this week, with the greenback supported by indications that the U.S. economy is recovering. The loonie, as the Canadian dollar is also known, remained softer as the Bank of Canada’s dovish stance weighed EUR/USD ➔ EUR/USD hit highs of 1.3845, the strongest since April 17 and was last up 0.26% to 1.3841. The pair was likely to find support at 1.3784, Tuesday’s low and resistance at 1.3865.The euro zone manufacturing purchasing managers’ index rose to 53.3 this month from 53.0 in March, compared to expectations for an unchanged reading.The bloc’s services PMI rose to 53.1 from 52.2 the previous month, better then forecasts for 52.4.The recovery in the euro zone’s largest economy accelerated this month, with activity in both the manufacturing and service sector strengthening.Germany’s manufacturing PMI rose to 54.2 from 53.7 in March, ahead of expectations for a reading of 54.0. The country’s services PMI increased to 55.0 from 53.0, better than the 53.4 forecast by analysts.But growth in the French private sector lost momentum this month, with the country’s manufacturing PMI falling to 50.9 from 52.1 in March, and weaker than the 51.9 expected by analysts.
  3. 3. DAILY ECONOMIC DATA YOUR MINTVISORY Call us at +91-731-6642300
  4. 4. EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 GBP/USD Hourly Chart INTRADAY OUTLOOK Support: 1.6770 Resistance: 1.6820 RECOMMENDATION: 1. Buy GBP/USD Above 1.6820- TG: 1.6840/ 1.6870 SL 1.6784 2. Sell GBP/USD Below 1.6770- TG: 1.6750/ 1.6720 SL 1.6805
  5. 5. EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 EUR/USD Hourly Chart INTRADAY OUTLOOK Immediate Support: 1.3780 Immediate Resistance: 1.3840 RECOMMENDATION: 1. Buy EUR/USD Above 1.3850- TG: 1.3870/1.3900 SL 1.3820 2. Sell EUR/USD Below 1.3735- TG: 1.3755/1.3785 SL 1.3800
  6. 6. 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.