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Epic Research Singapore : - Daily IForex Report of 16 February 2015

Epic Research offers perfect Forex Signals for their clients that gives accurate results. Our research team with its past experience prepares live charts and track-sheets of IForex Signals through which traders can earn maximum profit from the market place. This report helps you to achieve desired success in the SGX Stock Exchange.

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Epic Research Singapore : - Daily IForex Report of 16 February 2015

  2. 2. INTERNATIONAL CURRENCY BUZZ YOUR MINTVISORY Call us at +91-6642300 Forex-Dollar index slips lower as U.S. data still weighs. Forex-GBP/USD holds steady near more than 1-month highs. Forex-EUR/USD rises to 1-week highs on upbeat German GDP GBP/USD GBP/USDhit 1.5419 during European morning trade, the pair's highest since January 2; the pair subsequently consolidated at 1.5388.The pound had strengthened on Thursday after the BoE said inflation is likely to fall to zero in the first half of this year, but added that there was no threat of deflation taking hold in the U.K.In its quarterly inflation report, the BoE said "it is now more likely than not that CPI inflation will dip briefly below zero at some point in the first half of 2015,” and remain "close to zero" for most of the year.However, BoE Governor Mark Carney said there was not threat of persistent deflation as the decline in inflation was due to falling petrol, food and energy prices.In addition, the bank said it would now consider cutting interest rates below 0.5% if inflation dips more deeply into negative territory than expected. EUR/USD EUR/USD hit 1.1440 during late Asian trade, the pair's highest since February 6; the pair subsequently consolidated at 1.1425, rising 0.20%.Preliminary data earlier showed that German gross domestic product rose 0.7% in the last quarter, beating expectations for a 0.3% increase and up from a growth rate of 0.1% in the three months to September.A separate report showed that France's GDP rose 0.1% in the fourth quarter of 2014, in line with expectations, after the economy grew 0.4% in the previous quarter.The euro had come under pressure after talks between Greece and European Union officials ended without an agreement on Wednesday, though both sides said there was still hope for a deal. Further talks are due to be held next Monday.
  3. 3. DAILY ECONOMIC DATA YOUR MINTVISORY Call us at +91-731-6642300
  4. 4. YOUR MINTVISORY Call us at +91-731-6642300 INTRADAY OUTLOOK Support: 1.5318 Resistance: 1.5420 RECOMMENDATION: 1. Buy GBP/USD Above 1.5422-TG: 1.5442/1.5472 SL 1.5392 2. Sell GBP/USD Below 1.5316-TG: 1.5296/1.5266 SL 1.5346 EUR/USD Hourly Chart EPIC'S ANALYST SPEAKS GBP/USD Hourly Chart
  5. 5. EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 EUR/USD Hourly Chart INTRADAY OUTLOOK Immediate Support: 1.1361 Immediate Resistance: 1.1459 RECOMMENDATION: 1. Buy EUR/USD Above -1.1461 TG: 1.1481/1.1511 SL 1.1431 2. Sell EUR/USD Below -1.1359 TG:1.1339/1.1309 SL 1.1389
  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.