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.

1. EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
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28-MAY-2014

2. INTERNATIONAL CURRENCY BUZZ
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➔ Forex - Dollar steady to lower vs. rivals ahead of U.S. data
➔ Forex - GBP/USD pares gains after downbeat U.K. data
➔ Forex - EUR/USD steady, Draghi comments still weigh
EUR/USD
➔ EUR/USD hit 1.3643 during late Asian trade, the pair's highest since May 22; the pair subsequently consolidated at
1.3654, inching up 0.06%.The pair was likely to find support at 1.3585, the low of February 13 and resistance at
1.3723, the high of May 21.On Monday, ECB President Draghi said the bank saw a risk of a deflationary cycle
taking hold in the euro zone.Draghi said the ECB is ready to act should it see signs of a negative inflation spiral
taking hold, and indicated that the bank is weighing a wide range of policy options, including interest rate cuts,
and liquidity injections or broad-based asset purchases to help shore up the fragile recovery in the euro area.
GBP/USD
➔ GBP/USD pulled away from 1.6882, the pair's highest since May 22, to hit 1.6853 during European still up
0.06%.Cable was likely to find support at 1.6802, the low of May 20 and resistance at 1.6917, the high of May
22.Industry data earlier showed that U.K. mortgage approvals rose by 42,200 last month, compared to
expectations for a 45,200 increase. Mortgage approvals in March were revised down to a 45,000 rise from a
previously estimated 45,900 increase.Demand for sterling continued to be underpinned after Bank of England
Deputy Governor Charles Bean said Saturday that U.K. interest rates could start rising before next spring.

3. DAILY ECONOMIC DATA
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4. EPIC'S ANALYST SPEAKS
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GBP/USD Hourly Chart
INTRADAY OUTLOOK
Support: 1.6800
Resistance: 1.6860
RECOMMENDATION:
1. Buy GBP/USD Above 1.6860- TG: 1.6880/ 1.6910 SL 1.6828
2. Sell GBP/USD Below 1.6800- TG: 1.6780/ 1.6750 SL 1.6830

5. EPIC'S ANALYST SPEAKS
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EUR/USD Hourly Chart
INTRADAY OUTLOOK
Immediate Support: 1.3610
Immediate Resistance: 1.3660
RECOMMENDATION:
1. Buy EUR/USD Above 1.3660- TG: 1.3680/1.3710 SL 1.3630
2. Sell EUR/USD Below 1.3610- TG: 1.3590/1.3560 SL 1.3640

6. DISCLAIMER
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