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Iforex Market Insight
 INTERNATIONAL CURRENCY
BUZZ
 ECONOMIC CALENDAR
 GBP/USD HOURLY CHART
 EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date– 22 – July
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The pound edged higher against the U.S. dollar on Tuesday, after positive U.K. data but gains
were expected to remain limited as expectations for upcoming rate hikes by both the Federal
Reserve and the Bank of England lent equal support to the two currencies. GBP/USD hit 1.5591
during European morning trade, the session high; the pair subsequently consolidated at
1.5575, easing up 0.08%. The U.K. Office for National Statistics reported on Tuesday that public
sector net borrowingrose to £8.58 billion in June from £8.35 billion in May, whose figure was
downwardly revised from a previously estimated £9.35 billion. Analysts had expected public
sector net borrowing to increase to £8.60 billion last month. Meanwhile, the pound also re-
mained supported after BoE Governor Mark Carney said last week week that the time for rate
increases is moving closer.
Dollar edges lower but remains supported in light trade .
Forex - GBP/USD edges higher after U.K. data but gains capped
Forex - Aussie down as RBA minutes suggest weaker currency needed
The euro held steady at three-month lows against the U.S. dollar on Tuesday, as news of
Greece's fresh bailout deal last week failed to lend solid support to the single currency and as
trading volumes were expected to remain thin with no major data expected from the U.S.
EUR/USD hit 1.0812 during late Asian trade, the session low; the pair subsequently consoli-
dated at 1.0826. The euro failed to hold on to gains after Greek banks reopened on Monday
following a forced 3-week closure, while restrictions on cash withdrawals remained in place.
Also Monday, Greece repaid the totality of its arrears of about €2.0 billion to the International
Monetary Fund. "Greece is no longer in arrears to the IMF," the Fund's spokesman Gerry Rice
announced on Monday.
Iforex Market Insight
Date– 22 – July
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, July 22, 2015
02:00 USD API Weekly Crude Oil Stock -7.300M
07:00 AUD CPI (YoY) (Q2) 1.7% 1.3%
07:00 AUD CPI (QoQ) (Q2) 0.8% 0.2%
07:00 AUD Trimmed Mean CPI (QoQ) (Q2) 0.6% 0.6%
14:00 GBP BoE MPC vote cut (Jul)
14:00 GBP BoE MPC vote hike (Jul)
14:00 GBP BoE MPC vote unchanged (Jul) 9 9
19:30 USD Existing Home Sales (Jun) 5.40M 5.35M
19:30 USD Existing Home Sales (MoM) (Jun) 1.2% 5.1%
20:00 USD Crude Oil Inventories -2.130M -4.346M
Iforex Market Insight
Date– 22 – July
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBPUSD ABOVE 1.5590 TARGET 1.5610 1.5640 SL 1.5560
SELL GBPUSD BELOW 1.5525 TARGET 1.5505 1.5475 SL 1.5555
GBP/USD HOURLY CHART
BUY EURUSD ABOVE 1.0965 TARGET 1.0985 1.1015 SL 1.0935
SELL EURUSD BELOW 1.0915 TARGET 1.0895 1.0865 SL 1.0945
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 inde-
pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi-
nancial 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 .
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 recommen-
dation 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.
EPIC RESEARCH SINGAPORE

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Epic Research Singapore : - Daily IForex Report of 22 July 2015

  • 1. Iforex Market Insight  INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR  GBP/USD HOURLY CHART  EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE
  • 2. www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- Iforex Market Insight Date– 22 – July INTERNATIONAL CURRENCY BUZZ EUR/USD GBP/USD The pound edged higher against the U.S. dollar on Tuesday, after positive U.K. data but gains were expected to remain limited as expectations for upcoming rate hikes by both the Federal Reserve and the Bank of England lent equal support to the two currencies. GBP/USD hit 1.5591 during European morning trade, the session high; the pair subsequently consolidated at 1.5575, easing up 0.08%. The U.K. Office for National Statistics reported on Tuesday that public sector net borrowingrose to £8.58 billion in June from £8.35 billion in May, whose figure was downwardly revised from a previously estimated £9.35 billion. Analysts had expected public sector net borrowing to increase to £8.60 billion last month. Meanwhile, the pound also re- mained supported after BoE Governor Mark Carney said last week week that the time for rate increases is moving closer. Dollar edges lower but remains supported in light trade . Forex - GBP/USD edges higher after U.K. data but gains capped Forex - Aussie down as RBA minutes suggest weaker currency needed The euro held steady at three-month lows against the U.S. dollar on Tuesday, as news of Greece's fresh bailout deal last week failed to lend solid support to the single currency and as trading volumes were expected to remain thin with no major data expected from the U.S. EUR/USD hit 1.0812 during late Asian trade, the session low; the pair subsequently consoli- dated at 1.0826. The euro failed to hold on to gains after Greek banks reopened on Monday following a forced 3-week closure, while restrictions on cash withdrawals remained in place. Also Monday, Greece repaid the totality of its arrears of about €2.0 billion to the International Monetary Fund. "Greece is no longer in arrears to the IMF," the Fund's spokesman Gerry Rice announced on Monday.
  • 3. Iforex Market Insight Date– 22 – July www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Wednesday, July 22, 2015 02:00 USD API Weekly Crude Oil Stock -7.300M 07:00 AUD CPI (YoY) (Q2) 1.7% 1.3% 07:00 AUD CPI (QoQ) (Q2) 0.8% 0.2% 07:00 AUD Trimmed Mean CPI (QoQ) (Q2) 0.6% 0.6% 14:00 GBP BoE MPC vote cut (Jul) 14:00 GBP BoE MPC vote hike (Jul) 14:00 GBP BoE MPC vote unchanged (Jul) 9 9 19:30 USD Existing Home Sales (Jun) 5.40M 5.35M 19:30 USD Existing Home Sales (MoM) (Jun) 1.2% 5.1% 20:00 USD Crude Oil Inventories -2.130M -4.346M
  • 4. Iforex Market Insight Date– 22 – July www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBPUSD ABOVE 1.5590 TARGET 1.5610 1.5640 SL 1.5560 SELL GBPUSD BELOW 1.5525 TARGET 1.5505 1.5475 SL 1.5555 GBP/USD HOURLY CHART BUY EURUSD ABOVE 1.0965 TARGET 1.0985 1.1015 SL 1.0935 SELL EURUSD BELOW 1.0915 TARGET 1.0895 1.0865 SL 1.0945
  • 5. 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 inde- pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi- nancial 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 . 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 recommen- dation 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. EPIC RESEARCH SINGAPORE