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Daily i-forex-report by epic research singapore 22 jan 2014

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Epic Research is a leading global financial services provider. Headquartered in Indore, India, Epic has offices and representatives in U.S.A., Singapore, Australia and Middle East. With its full fledged research operations, Epic Research has proven itself as Investment Advisory Company that produces and delivers high accuracy tips and recommendations for the Singapore market .We Provide Services In :SGX Equities,SGX Derivatives - Futures and Options,Global Commodities – Bullion, Energy and Agri,Global Forex – Major currency pairs

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Daily i-forex-report by epic research singapore 22 jan 2014

  1. 1. DAILY IFOREX REPORT 22 JANUARY 2014 TRADING TIPS ● ● SELL EUR-USD BELOW 1.3510 TGT 1.3485,1.3450 SL 1.3550 BUY USD-CAD ABOVE 1.1020 TGT 1.1045 ,1.1080 SL 1.0980
  2. 2. HEADLINES ● 1.3527 USD/JPY 1.6436 USD/CHF 0.9132 AUD/USD 0.8792 USD/CAD 1.0989 NZD/USD 0.8313 USD/SGD 1.2791 EUR/JPY 141.4805 EUR/GBP 0.823 GBP/CHF 1.501 GBP/JPY 171.89 GBP/CAD 1.8061 GBP/AUD 1.8694 AUD/JPY 91.9555 CAD/JPY 95.1715 CHF/JPY 114.53 NZD/JPY 86.944 AUD/CAD 0.9662 AUD/CHF 0.803 AUD/SGD 1.1248 Forex - GBP/USD off session highs after CBI factory order Forex - EUR/USD hits session lows after German ZEW 104.583 GBP/USD ● Last EUR/USD Forex -AUD/USD holds steady in subdued trade ● Name AUD/USD hit 0.8838 during late Asian trade, the pair's highest since January 16; the pair subsequently consolidated at 0.8805, inching down 0.06%. The pair was likely to find support at 0.8757, Monday's low and a three-year low and resistance at 0.8906, the high of January 16. Demand for the greenback remained supported by expectations for a reduction to the Fed’s quantitative easing program at the outcome of its next policy meeting on January 29 to USD65 billion from the current USD75 billion. GBP/USD retreated from session highs of 1.6452 to trade at 1.6418, dipping 0.05%. Cable was likely to find support at 1.6350 and resistance at 1.6500. The Confederation of British Industry said its index of industrial order expectations fell to -2 this month from 12 in December, and below expectations of a reading of 10. However, the CBI said the volume of total orders for the next three months rose to 22 from 14, the highest level since April 2012. New orders in the three months to January saw their strongest growth in nearly three years. EUR/USD touched lows of 1.3525 and was last down 0.12% to 1.3536. The pair is likely to find support at 1.3506, Monday’s low and a two-month low and near-term resistance at 1.3567, Monday’s high. The ZEW Centre for Economic Research said its index of German economic sentiment ticked down to 61.7 this month from 62.0 in December. Analysts had expected an increase to 64.0
  3. 3. HOURLY EURUSD CHART ANALYSIS EURUSD LOOKS DOWNSIDE TREND: BEARISH STRATEGY: BUY ABOVE RESISTANCE SELL BELOW SUPPORT RESISTANCE: 1.3570 SUPPORT: 1.3505
  4. 4. HOURLY USDJPY CHART ANALYSIS USDJPY LOOK UPSIDE TREND: BULLISH STRATEGY: BUY ABOVE RESISTANCE SELL BELOW SUPPORT RESISTANCE: 104.75 SUPPORT: 104.45
  5. 5. HOURLY EURGBP CHART ANALYSIS USD/CHF LOOKS DOWNSIDE TREND: BULLISH STRATEGY: BUY ABOVE RESISTANCE SELL BELOW SUPPORT RESISTANCE: 0.9155 SUPPORT: 0.9105
  6. 6. HOURLY EURGBP CHART ANALYSIS USD/CAD LOOKS DOWNSIDE TREND: BULLISH STRATEGY: BUY ABOVE RESISTANCE SELL BELOW SUPPORT RESISTANCE: 1.1020 SUPPORT: 1.0950
  7. 7. HOURLY GBPUSD CHART ANALYSIS GBPUSD LOOKS DOWNSIDE TREND: BEARISH STRATEGY: BUY ABOVE RESISTANCE SELL BELOW SUPPORT RESISTANCE: 1.6495 SUPPORT: 1.6450
  8. 8. ECONOMIC CALLENDER MEDIUM Cur. Imp. Event Actual Forecast Previous 05:00:00 AM   AUD MEDIUM Westpac Consumer Sentiment     -4.80% 06:00:00 AM   AUD HIGH CPI (QoQ)   0.50% 1.20% 06:00:00 AM   AUD MEDIUM CPI (YoY)   2.50% 2.20% 06:00:00 AM   AUD MEDIUM Trimmed Mean CPI (QoQ)   0.60% 0.70% Tentative   JPY HIGH BoJ Press Conference       03:00:00 PM   GBP MEDIUM Average Earnings Index +Bonus   1.00% 0.90% 03:00:00 PM   GBP HIGH Claimant Count Change   -35.0K -36.7K 03:00:00 PM   GBP HIGH MPC Meeting Minutes       03:00:00 PM   GBP MEDIUM Unemployment Rate   7.30% 7.40% 08:30:00 PM   CAD HIGH BoC Monetary Policy Report       08:30:00 PM   CAD HIGH Interest Rate Decision   1.00% 1.00% 09:45:00 PM   CAD MEDIUM BoC Gov Poloz Speaks         01/22/14
  9. 9. Disclaimer 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.

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