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.
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
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