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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 – 14 – Mar
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The pound was almost unchanged against the U.S. dollar on Friday, hovering close to a
three-week high after data showed that the U.K. trade deficit narrowed more-than-
expected in January.GBP/USD hit 1.4298 during European morning trade, the session
high; the pair subsequently consolidated at 1.4285.Cable was likely to find support at
1.4115, Thursday’s low and resistance at 1.4409, the high of February 19.The U.K. Of-
fice for National Statistics said the country's trade deficit narrowed to £10.29 billion in
January from £10.45 billion in December, whose figure was revised from an initial defi-
cit of £9.92 billion.Economists had expected the trade deficit to come in at £10.3 billion
in January.
The euro pulled away from one-month highs against the U.S. dollar on Friday, as mar-
kets digested the European Central Bank’s most recent policy decision and comments
by ECB President Mario Draghi.EUR/USD slipped 0.16% to 1.1161, pulling away from the
previous session’s one-month peak of 1.1217.The euro initially weakened after the ECB
cut interest rates across the euro zone to new record lows and boosted its quantitative
easing program on Thursday.The ECB wrong footed markets by cutting its benchmark
interest rate to a record-low of zero from 0.05%. Market watchers had been expecting
no change.The central bank also cut the deposit facility rate deeper into negative terri-
tory, to minus 0.4% and cut the marginal lending rate cut to 0.25% from 0.30%.
Forex -Euro dips after surge post-ECB
Forex -Dollar moves higher, recovers from Draghi remarks
Forex-Australia, NZ dlrs eclipsed by euro, Aussie still shines vs USD
Iforex Market Insight
Date - 14– Mar
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Monday, March 14, 2016
03:15 NZD GDP (QoQ) (Q4) - 0.9%
03:15 NZD GDP (YoY) (Q4) - 2.3%
03:15 NZD GDP Annual Average (Q4) - 2.9%
03:15 NZD GDP Expenditure (QoQ) (Q4) - 1.2%
05:20 JPY Core Machinery Orders (MoM) (Jan) 3.0% 4.2%
05:20 JPY Core Machinery Orders (YoY) (Jan) -3.6% -3.6%
12:00 INR WPI Food (YoY) (Feb) - 6.02%
12:00 INR WPI Fuel (YoY) (Feb) - -9.21%
12:00 INR WPI Inflation (YoY) (Feb) -0.27% -0.90%
12:00 INR WPI Manufacturing Inflation (YoY) (Feb) - -1.17%
15:30 EUR Industrial Production (MoM) (Jan) 1.5% -1.0%
15:30 EUR Industrial Production (YoY) (Jan) 1.2% -1.3%
17:30 INR CPI (YoY) (Feb) 5.60% 5.69%
Iforex Market Insight
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBP/USD ABOVE 1.4280 TARGET 1.4260 1.4230 SL 1.4310
SELL GBP/USD BELOW 1.4250 TAGET 1.4230 1.4200 SL 1.4280
GBP/USD HOURLY CHART
BUY EUR/USD ABOVE 1.1040TARGET 1.1060 1.1090 SL 1.1010
SELL EUR/USD BELOW 1.0980 TARGET 1.0960 1.0930 L 1.1010
Date - 14- Mar
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 14 March 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 – 14 – Mar INTERNATIONAL CURRENCY BUZZ EUR/USD GBP/USD The pound was almost unchanged against the U.S. dollar on Friday, hovering close to a three-week high after data showed that the U.K. trade deficit narrowed more-than- expected in January.GBP/USD hit 1.4298 during European morning trade, the session high; the pair subsequently consolidated at 1.4285.Cable was likely to find support at 1.4115, Thursday’s low and resistance at 1.4409, the high of February 19.The U.K. Of- fice for National Statistics said the country's trade deficit narrowed to £10.29 billion in January from £10.45 billion in December, whose figure was revised from an initial defi- cit of £9.92 billion.Economists had expected the trade deficit to come in at £10.3 billion in January. The euro pulled away from one-month highs against the U.S. dollar on Friday, as mar- kets digested the European Central Bank’s most recent policy decision and comments by ECB President Mario Draghi.EUR/USD slipped 0.16% to 1.1161, pulling away from the previous session’s one-month peak of 1.1217.The euro initially weakened after the ECB cut interest rates across the euro zone to new record lows and boosted its quantitative easing program on Thursday.The ECB wrong footed markets by cutting its benchmark interest rate to a record-low of zero from 0.05%. Market watchers had been expecting no change.The central bank also cut the deposit facility rate deeper into negative terri- tory, to minus 0.4% and cut the marginal lending rate cut to 0.25% from 0.30%. Forex -Euro dips after surge post-ECB Forex -Dollar moves higher, recovers from Draghi remarks Forex-Australia, NZ dlrs eclipsed by euro, Aussie still shines vs USD
  • 3. Iforex Market Insight Date - 14– Mar www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Monday, March 14, 2016 03:15 NZD GDP (QoQ) (Q4) - 0.9% 03:15 NZD GDP (YoY) (Q4) - 2.3% 03:15 NZD GDP Annual Average (Q4) - 2.9% 03:15 NZD GDP Expenditure (QoQ) (Q4) - 1.2% 05:20 JPY Core Machinery Orders (MoM) (Jan) 3.0% 4.2% 05:20 JPY Core Machinery Orders (YoY) (Jan) -3.6% -3.6% 12:00 INR WPI Food (YoY) (Feb) - 6.02% 12:00 INR WPI Fuel (YoY) (Feb) - -9.21% 12:00 INR WPI Inflation (YoY) (Feb) -0.27% -0.90% 12:00 INR WPI Manufacturing Inflation (YoY) (Feb) - -1.17% 15:30 EUR Industrial Production (MoM) (Jan) 1.5% -1.0% 15:30 EUR Industrial Production (YoY) (Jan) 1.2% -1.3% 17:30 INR CPI (YoY) (Feb) 5.60% 5.69%
  • 4. Iforex Market Insight www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBP/USD ABOVE 1.4280 TARGET 1.4260 1.4230 SL 1.4310 SELL GBP/USD BELOW 1.4250 TAGET 1.4230 1.4200 SL 1.4280 GBP/USD HOURLY CHART BUY EUR/USD ABOVE 1.1040TARGET 1.1060 1.1090 SL 1.1010 SELL EUR/USD BELOW 1.0980 TARGET 1.0960 1.0930 L 1.1010 Date - 14- Mar
  • 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