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1. EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
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12-FEB-2015

2. INTERNATIONAL CURRENCY BUZZ
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Forex-Euro sinks to 7-year lows against pound.
Forex-Dollar edges higher vs. rivals amid Greece jitters.
Forex-GBP/USD edges higher but gains seen limited.
GBP/USD
GBP/USD hit 1.5297 during European morning trade, the pair's highest since February 6; the pair subsequently
consolidated at 1.5283, adding 0.19%.Investors remained cautious following reports the European Commission
could propose a six-month extension to Greece’s existing bailout program at an emergency meeting of the euro
group of finance ministers, due to take place later in the day.Athens is expected to ask for a bridge loan to cover its
funding needs until September, and to also propose new economic reforms to replace some of the harshest
austerity conditions attached to its bailout.However, German Finance Minister Wolfgang Schaeuble dampened
hopes Wednesday morning, by saying there are no plans to discuss a new agreement.
EUR/USD
EUR/USD hit lows of 0.7396, the weakest level since January 2008, down from 0.7419 late Tuesday.Greece was to
hold crunch talks with European Union officials later in the day.Greece’s current bailout is due to expire on Feb -
ruary 28 and the new Greek government does not want it extended, fuelling concerns that a conflict with
international creditors could trigger the country’s exit from the euro zone.Athens was expected to ask for a bridge
loan to cover its funding needs until September, and to also propose new economic reforms to replace 30% of its
massive bailout deal.Prime Minister Alexis Tsipras's government won a confidence vote on Tuesday evening and
reiterated that he will deliver on pre-election pledges to roll back austerity measures and reject an international
bailout extension.

3. DAILY ECONOMIC DATA
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4. YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY OUTLOOK
Support: 1.5266
Resistance: 1.5325
RECOMMENDATION:
1. Buy GBP/USD Above 1.5327-TG: 1.5347/1.5377 SL 1.5297
2. Sell GBP/USD Below 1.5264-TG: 1.5244/1.5214 SL 1.5294
EUR/USD Hourly Chart
EPIC'S ANALYST SPEAKS
GBP/USD Hourly Chart

5. EPIC'S ANALYST SPEAKS
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EUR/USD Hourly Chart
INTRADAY OUTLOOK
Immediate Support: 1.1261
Immediate Resistance: 1.1334
RECOMMENDATION:
1. Buy EUR/USD Above -1.1336 TG: 1.1356/1.1386 SL 1.1306
2. Sell EUR/USD Below -1.1259 TG:1.1239/1.1209 SL 1.1289

6. DISCLAIMER
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