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 –18– July
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
GBP/USD is currently trading with a bullish bias. Yesterday, the pair traded long as previ-
ously forecasted and is still pretty much bullish. We wait for a clear breakout above 1.3491
to give us the green light to continue long towards 1.41199. A clear rebound from 1.3491
will culminate into a possible bearish price rally but should not go beyond 1.3226. This
pair should be traded alongside GBP/CHF, and GBP/JPY. These pairs have a strong positive
correlation of up to +0.95 and will have a similar price action during this intraday.
EUR/USD is currently trading with a bullish bias. Yesterday, wave (c) traded long as previ-
ously forecasted but is yet to reach our target resistance level 1.1155. During this intraday,
we expect a possible bullish rally towards 1.1155 or even higher to 1.1267. A clear reversal
from the zone 1.1155-1.1167 will mark the end of wave (c), which means looking for short
positions. This pair should be traded alongside USD/CAD and USD/CHF. These pair have a
strong negative correlation of up to -0.96 and will have an exact opposite price action dur-
ing this intraday.
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3. Iforex Market Insight
Date – 18– July
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Monday, July 18, 2016
All Day Holiday Japan - Ocean Day
04:15 NZD CPI (QoQ) (Q2) 0.5% 0.2%
04:15 NZD CPI (YoY) (Q2) 0.5% 0.4%
04:31 GBP Rightmove House Price Index (MoM) 0.8%
06:00 SGD Non-Oil Exports (YoY) (Jun) -3.00% 11.60%
06:00 SGD Non-Oil Exports (MoM) (Jun) -10.30% 16.80%
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