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EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
YOUR MINTVISORY Call us at +91-731-6642300
28-JULY-2014
INTERNATIONAL CURRENCY BUZZ
YOUR MINTVISORY Call us at +91-6642300
Forex - EUR/USD remains near 8-month lows
Forex - GBP/USD dips on upbeat U.S. durable goods data
EUR/USD
The euro remained near eight-month lows against the U.S. dollar on Friday, as growing optimism over the strength of the
U.S. economic recovery supported the greenback, while poor German business climate data still pressured the single
currency lower.
A better-than-expected uptick in demand for durable goods in the U.S. sent the dollar firming against the euro on Friday.
GBP/USD
The pound fell against a firming dollar Friday after data revealed demand for long-lasting goods and
appliance was on the rise in the U.S. last month.
The data came a day after the U.S. Department of Labor reported that the number of individuals filing for
initial jobless benefits in the week ending July 19 declined by 19,000 to 284,000, defying market forecasts
for claims to rise by 5,000.
Elsewhere, sterling was up against the euro, with EUR/GBP down 0.15% at 0.7914, and down against the
yen, with GBP/JPY down 0.10% at 172.77.
DAILY ECONOMIC DATA
YOUR MINTVISORY Call us at +91-731-6642300
EPIC'S ANALYST SPEAKS
YOUR MINTVISORY Call us at +91-731-6642300
GBP/USD Hourly Chart
INTRADAY OUTLOOK
Support: 1.6963
Resistance: 1.6980
RECOMMENDATION:
1. Buy GBP/USD Above 1.6980- TG: 1.7000/ 1.7030 SL 1.6950
2. Sell GBP/USD Below 1.6963- TG: 1.6943/ 1.6913 SL 1.6993
EPIC'S ANALYST SPEAKS
YOUR MINTVISORY Call us at +91-731-6642300
EUR/USD Hourly Chart
INTRADAY OUTLOOK
Immediate Support: 1.3424
Immediate Resistance: 1.3434
RECOMMENDATION:
1. Buy EUR/USD Above 1.3434- TG: 1.3454/1.3485 SL 1.3404
2. Sell EUR/USD Below 1.3424- TG: 1.3404/1.3374 SL 1.3454
DISCLAIMER
YOUR MINTVISORY Call us at +91-731-6642300
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
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial 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 of NSE and
BSE.
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 recommendation 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.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial
profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any
financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any
Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

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Daily i forex signals report by epic research singapore 28th july 2014.pdf

  • 1. EPIC RESEARCH REPORT DAILY INTERNATIONAL FOREX YOUR MINTVISORY Call us at +91-731-6642300 28-JULY-2014
  • 2. INTERNATIONAL CURRENCY BUZZ YOUR MINTVISORY Call us at +91-6642300 Forex - EUR/USD remains near 8-month lows Forex - GBP/USD dips on upbeat U.S. durable goods data EUR/USD The euro remained near eight-month lows against the U.S. dollar on Friday, as growing optimism over the strength of the U.S. economic recovery supported the greenback, while poor German business climate data still pressured the single currency lower. A better-than-expected uptick in demand for durable goods in the U.S. sent the dollar firming against the euro on Friday. GBP/USD The pound fell against a firming dollar Friday after data revealed demand for long-lasting goods and appliance was on the rise in the U.S. last month. The data came a day after the U.S. Department of Labor reported that the number of individuals filing for initial jobless benefits in the week ending July 19 declined by 19,000 to 284,000, defying market forecasts for claims to rise by 5,000. Elsewhere, sterling was up against the euro, with EUR/GBP down 0.15% at 0.7914, and down against the yen, with GBP/JPY down 0.10% at 172.77.
  • 3. DAILY ECONOMIC DATA YOUR MINTVISORY Call us at +91-731-6642300
  • 4. EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 GBP/USD Hourly Chart INTRADAY OUTLOOK Support: 1.6963 Resistance: 1.6980 RECOMMENDATION: 1. Buy GBP/USD Above 1.6980- TG: 1.7000/ 1.7030 SL 1.6950 2. Sell GBP/USD Below 1.6963- TG: 1.6943/ 1.6913 SL 1.6993
  • 5. EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 EUR/USD Hourly Chart INTRADAY OUTLOOK Immediate Support: 1.3424 Immediate Resistance: 1.3434 RECOMMENDATION: 1. Buy EUR/USD Above 1.3434- TG: 1.3454/1.3485 SL 1.3404 2. Sell EUR/USD Below 1.3424- TG: 1.3404/1.3374 SL 1.3454
  • 6. DISCLAIMER YOUR MINTVISORY Call us at +91-731-6642300 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 independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial 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 of NSE and BSE. 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 recommendation 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. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.