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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 –01– Sep
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The pound slipped lower agains the U.S. dollar on Tuesday, re-approaching a one-week
trough after the release of downbeat U.K. data and as expectations for a U.S. rate hike be-
fore the end of the year continued to support the greenback.GBP/USD hit 1.3060 during
European morning trade, the session low; the pair subsequently consolidated at 1.3068,
shedding 0.28%.Cable was likely to find support at 1.2871, the low of August 18 and resis-
tance at 1.3280, the high of August 26.The Bank of England earlier reported that net lend-
ing to individuals increased by £3.8 billion in July, compared to expectations for a £4.9 bil-
lion rise. Net lending to individuals increased by £5.1 billion in June, whose figure was re-
vised from a previously estimated gain of £5.2 billion.
Yesterday, the impulsive wave E traded short as previously forecasted but is yet to reach
our target supportive trend line. Although we expect a momentum to the lower side, we
wait for minor corrections to the upper side to give us low risk sell opportunities with an
ideal target along the lower supportive trend line. we expect a similar impulsive ally in
other positively correlated pairs such as NZD/USD and EUR/USD. This pairs have a strong
+ve correlation of up +0.91 and will have a parallel price action during this intraday.
Forex - Aussie holds steady, kiwi moves higher ahead of U.S. data
Forex - Yen holds slight gains in Asia after industrial output
Forex - Yen gains slightly after flat industrial output in July
Iforex Market Insight
Date – 01– Sep
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Thursday, September 1, 2016
05:00 AUD AIG Manufacturing Index 56.4
05:20 JPY Capital Spending (YoY) (Q2) 5.6% 4.2%
14:00 GBP Manufacturing PMI (Aug) 49.0 48.2
18:00 USD Initial Jobless Claims 265K 261K
18:00 USD Nonfarm Productivity (QoQ) (Q2) -0.6% -0.5%
18:00 USD Unit Labor Costs (QoQ) (Q2) 2.1% 2.0%
19:15 USD Manufacturing PMI (Aug) 52.1 52.1
19:30 USD ISM Manufacturing Employment (Aug) 49.6 49.4
19:30 USD ISM Manufacturing PMI (Aug) 52.0 52.6
21:30 EUR ECB's Nowotny Speaks
21:55 USD FOMC Member Mester Speaks
Iforex Market Insight
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBPUSD ABOVE 1.3265 TGT 1.3285 1.3315 SL 1.3235
SELL GBPUSD BELOW 1.3045 TGT 1.3025 1.2995 SL 1.3075
GBP/USD HOURLY CHART
BUY EURUSD AROUND 1.1175 TGT 1.1195 1.1225 SL 1.1145
SELL EURUSD BELOW 1.1125 TGT 1.1105 1.1075 SL 1.1155
Date – 01– Sep
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
EPIC RESEARCH SINGAPORE
1,Raffles Place # 44-02
Singapore(048616)
www.epicresearch.sg
HNI & NRI SALES CONTACT
2117 Arbor Vista DR.
Charlotte (NC)
Cell:+1 704 249 2315

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Epic research singapore daily i forex report 01 sep 2016

  • 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 –01– Sep INTERNATIONAL CURRENCY BUZZ EUR/USD GBP/USD The pound slipped lower agains the U.S. dollar on Tuesday, re-approaching a one-week trough after the release of downbeat U.K. data and as expectations for a U.S. rate hike be- fore the end of the year continued to support the greenback.GBP/USD hit 1.3060 during European morning trade, the session low; the pair subsequently consolidated at 1.3068, shedding 0.28%.Cable was likely to find support at 1.2871, the low of August 18 and resis- tance at 1.3280, the high of August 26.The Bank of England earlier reported that net lend- ing to individuals increased by £3.8 billion in July, compared to expectations for a £4.9 bil- lion rise. Net lending to individuals increased by £5.1 billion in June, whose figure was re- vised from a previously estimated gain of £5.2 billion. Yesterday, the impulsive wave E traded short as previously forecasted but is yet to reach our target supportive trend line. Although we expect a momentum to the lower side, we wait for minor corrections to the upper side to give us low risk sell opportunities with an ideal target along the lower supportive trend line. we expect a similar impulsive ally in other positively correlated pairs such as NZD/USD and EUR/USD. This pairs have a strong +ve correlation of up +0.91 and will have a parallel price action during this intraday. Forex - Aussie holds steady, kiwi moves higher ahead of U.S. data Forex - Yen holds slight gains in Asia after industrial output Forex - Yen gains slightly after flat industrial output in July
  • 3. Iforex Market Insight Date – 01– Sep www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Thursday, September 1, 2016 05:00 AUD AIG Manufacturing Index 56.4 05:20 JPY Capital Spending (YoY) (Q2) 5.6% 4.2% 14:00 GBP Manufacturing PMI (Aug) 49.0 48.2 18:00 USD Initial Jobless Claims 265K 261K 18:00 USD Nonfarm Productivity (QoQ) (Q2) -0.6% -0.5% 18:00 USD Unit Labor Costs (QoQ) (Q2) 2.1% 2.0% 19:15 USD Manufacturing PMI (Aug) 52.1 52.1 19:30 USD ISM Manufacturing Employment (Aug) 49.6 49.4 19:30 USD ISM Manufacturing PMI (Aug) 52.0 52.6 21:30 EUR ECB's Nowotny Speaks 21:55 USD FOMC Member Mester Speaks
  • 4. Iforex Market Insight www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBPUSD ABOVE 1.3265 TGT 1.3285 1.3315 SL 1.3235 SELL GBPUSD BELOW 1.3045 TGT 1.3025 1.2995 SL 1.3075 GBP/USD HOURLY CHART BUY EURUSD AROUND 1.1175 TGT 1.1195 1.1225 SL 1.1145 SELL EURUSD BELOW 1.1125 TGT 1.1105 1.1075 SL 1.1155 Date – 01– Sep
  • 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 EPIC RESEARCH SINGAPORE 1,Raffles Place # 44-02 Singapore(048616) www.epicresearch.sg HNI & NRI SALES CONTACT 2117 Arbor Vista DR. Charlotte (NC) Cell:+1 704 249 2315