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Daily i forex signals report by epicresearch 26th march 2014


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Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market

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Daily i forex signals report by epicresearch 26th march 2014

  2. 2. INTERNATIONAL CURRENCY BUZZ YOUR MINTVISORY Call us at +91-731-6642300 ➔ Forex - Euro extends losses on ECB comments ➔ Dollar higher against euro, pound steady ➔ Forex - Euro slips lower after German Ifo disappoints EUR/USD ➔ EUR/USD was last trading at 1.3787, down 0.39% for the day.The pair was likely to find support at 1.3748, last Thursday’s low and resistance at 1.3800.The drop in the euro came after ECB governing council member and Bundesbank chief Jens Weidmann said a negative deposit rate could be an appropriate way to address the impact of strong gains in the euro.He also said it was not out of the question for the ECB to buy loans or other assets from banks to fight deflation, indicating a softening of the Bundesbank’s stance on quantitative easing.Separately, ECB Governing Council member Josef Makuch said the bank is prepared to take decisive steps if necessary, adding that many policy options are available, including adding liquidity.The euro slipped against the dollar earlier after a report showed that the German Ifo business confidence index dropped to 110.7 in March from 111.3 in February. Analysts had expected the index to tick down to 111.0. EUR-GBP ➔ EUR/GBP down 0.44% to 0.8350.In the U.K., official data on Tuesday showed that the annual rate of inflation fell to a more than four-year low of 1.7% in February, from 1.9% in January. January was the first time in more than four years that the U.K. inflation rate fell below the Bank of England’s 2% target. The decline in inflation will give the Bank of England leeway to keep rates on hold for longer, even as the economy continues to make a rapid recovery.
  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: 1.6460 Resistance: 1.6530 RECOMMENDATION: 1. Buy GBP/USD Above 1.6530- TG: 1.6550/ 1.6590 SL 1.6490 2. Sell GBP/USD Below 1.6460- TG: 1.6440/ 1.6440 SL 1.6500
  5. 5. EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 EUR/USD Hourly Chart INTRADAY OUTLOOK Immediate Support: 1.3750 Immediate Resistance: 1.3825 RECOMMENDATION: 1. Buy EUR/USD Above 1.3825- TG: 1.3845/1.3885 SL 1.3785 2. Sell EUR/USD Below 1.3750- TG: 1.3730/1.3690 SL 1.3790
  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.