SlideShare a Scribd company logo
21-May-2018
For More Information Please visit www.epicresearch.co or contact info@epicresearch.co
Please refer to disclaimer at the end of the report.
International Forex
International Forex
INTERNATIONAL CURRENCY BUZZ
Forex - Dollar Eases From Highs as U.S. Bond Yields Retreat
Forex - The EUR/USD Continues to Trend Lower as U.S. Yields Rise
Forex - GBP/USD challenges 2-week old trading range support near mid-1.3400s
GBP/USD
The GBP/USD pair extended its steady decline from an intraday high level of 1.3528 and is currently placed just
above over 2-week old trading range support. In absence of any fresh fundamental development/economic
releases, the pair's fall of around 75-80 pips could be attributed to resurgent USD demand. Following a brief pause
earlier today, theUS Dollar resumed with its upsurge to hit fresh multi-month lows and was seen as one of the key
factors exerting downward pressure on the major. Meanwhile, the latest dovish BoE tilt, and reemerging Brexit
concerns continued dampening sentimentsurrounding the British Pound and further collaborated to pair's fall back
to weekly lows, which if broken would confirm a fresh bearish breakdown, paving way for an extension of the pair's
near-term bearish trajectory. A convincing break below mid-1.3400s is likely to accelerate the slide towards the
1.3400 handle before the pair eventually extends the downfall further towards the 1.3300 handle in the near-term.
EUR/USD
The EUR/USD pair is trading at around 1.1782 down 0.1% on Friday. EUR/USD found a ceiling at 1.1822 in the
European session and then fell more than 70 pips to find an intraday low at 1.1749 in the American session. The
pair has now bounced and is trading in the 1.1780 region about an hour after the London close. EUR/USD posted on
Friday yet again a new 2018 low at 1.1749 as the greenback continues its relentless bull trend. The three main US
indices, the S&P 500, the Dow Jones Industrial Average and the Nasdaq are on the backfoot and investors keep
buying USD as it is seen as a safer investment. However at the time of writing, the USD is having a small pullback on
the back of some profit-taking as the week comes to an end. In fact, The Federal Reserve Bank is expected to raise
interest rates three to four times in 2018 supporting the trend in USD and in the 10-year Treasury yield benchmark.
International Forex
DAILY ECONOMIC DATA
International Forex
EPIC'S ANALYST SPEAKS
GBP/USD Daily Chart
INTRADAY OUTLOOK
Support: 1.3422
Resistance: 1.3618
RECOMMENDATION:
BUY GBPUSD ABOVE 1.3500 TGT 1.3520 1.3550 SL 1.3470
SELL GBPUSD BELOW 1.3440 TGT 1.3420 1.3390 SL 1.3470
International Forex
EPIC'S ANALYST SPEAKS
EUR/USD Daily Chart
INTRADAY OUTLOOK
Support: 1.1739
Resistance: 1.1867
RECOMMENDATION:
BUY EURUSD ABOVE 1.1800 TGT 1.1820 1.1850 SL 1.1770
SELL EURUSD BELOW 1.1740 TGT 1.1720 1.1690 SL 1.1770
Epic Research is one of India’s largest Financial Advisory house. Epic Research is amongst leading and most valuable financial
advisory provider companies in the private sector.
DISCLAIMER
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. 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 ex-pressed as a recommendation for which either the site or its owners or anyone can be held responsible. Any surfing and reading of
the information is the acceptance of this disclaimer. Investment in equity, futures, Forex and commodity 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.
For India: Info@epicresearch.co Address: 411 Milinda Manor(Suites 409-425) 2 RNT Marg. Opp Central Mall Indore (M.P.) +91 -731- 6642300
For United States- HNI& NRI Sales Contact: 2117 Arbor Vista Dr. Charlotte (NC)-Cell: +1 704 249 23
For Australia- HNI & NRI Sales Contact: Mintara Road, Tarneit, Victoria, Post Code 3029 Cell: +61 422 063855
Singapore- www.epicresearch.sg Contact +65-3158-1402
Malaysia-www.epicresearch.myContact +60-3502-19047
International Forex

More Related Content

What's hot

Daily i forex-report-29-may-2018-by-epic-research
Daily i forex-report-29-may-2018-by-epic-researchDaily i forex-report-29-may-2018-by-epic-research
Daily i forex-report-29-may-2018-by-epic-research
Epic Research
 
Weekly i forex report 16 jul 2018
Weekly i forex report 16 jul 2018Weekly i forex report 16 jul 2018
Weekly i forex report 16 jul 2018
Epic Research Limited
 
Daily i forex report 14 august 2018 by epic research
Daily i forex report 14 august 2018 by epic researchDaily i forex report 14 august 2018 by epic research
Daily i forex report 14 august 2018 by epic research
Epic Research Limited
 
Daily i forex report 25 jul 2018 by epic research
Daily i forex report 25 jul 2018 by epic researchDaily i forex report 25 jul 2018 by epic research
Daily i forex report 25 jul 2018 by epic research
Epic Research Limited
 
Daily i forex-report-28-may-2018-by-epic-research
Daily i forex-report-28-may-2018-by-epic-researchDaily i forex-report-28-may-2018-by-epic-research
Daily i forex-report-28-may-2018-by-epic-research
Epic Research
 
Daily i forex report 03 august 2018 epic research
Daily i forex report 03 august 2018 epic researchDaily i forex report 03 august 2018 epic research
Daily i forex report 03 august 2018 epic research
Epic Research Limited
 
Weekly i forex report 30 jul 2018 by epic research
Weekly i forex report 30 jul 2018 by epic researchWeekly i forex report 30 jul 2018 by epic research
Weekly i forex report 30 jul 2018 by epic research
Epic Research Limited
 
Daily i forex report 10 jul 2018
Daily i forex report 10 jul 2018Daily i forex report 10 jul 2018
Daily i forex report 10 jul 2018
Epic Research Limited
 
Daily i forex report 03 september 2018 by epic research
Daily i forex report 03 september 2018 by epic researchDaily i forex report 03 september 2018 by epic research
Daily i forex report 03 september 2018 by epic research
Epic Research Limited
 
Daily i forex report 29 june 2018
Daily i forex report  29 june 2018Daily i forex report  29 june 2018
Daily i forex report 29 june 2018
Epic Research Limited
 
Daily i forex-report-25-may-2018-by-epic-research
Daily i forex-report-25-may-2018-by-epic-researchDaily i forex-report-25-may-2018-by-epic-research
Daily i forex-report-25-may-2018-by-epic-research
Epic Research
 
Daily i forex report 28 june 2018
Daily i forex report 28  june 2018Daily i forex report 28  june 2018
Daily i forex report 28 june 2018
Epic Research Limited
 
Epic research singapore : daily i forex report of 11 march 2015
Epic research singapore :   daily i forex report of 11 march 2015Epic research singapore :   daily i forex report of 11 march 2015
Epic research singapore : daily i forex report of 11 march 2015
Epic Research Singapore
 
Daily i forex report 17 august 2018 by epic research
Daily i forex report 17 august 2018 by epic researchDaily i forex report 17 august 2018 by epic research
Daily i forex report 17 august 2018 by epic research
Epic Research Limited
 
Daily i forex report 27 june 2018
Daily i forex report 27 june 2018Daily i forex report 27 june 2018
Daily i forex report 27 june 2018
Epic Research Limited
 
Daily i forex report 20 jul 2018
Daily i forex report 20 jul 2018Daily i forex report 20 jul 2018
Daily i forex report 20 jul 2018
Epic Research Limited
 
Daily i forex report 22 june 2018
Daily i forex report 22 june 2018Daily i forex report 22 june 2018
Daily i forex report 22 june 2018
Epic Research Limited
 
Daily i forex report 29 august 2018 by epic research
Daily i forex report 29 august 2018 by epic researchDaily i forex report 29 august 2018 by epic research
Daily i forex report 29 august 2018 by epic research
Epic Research Limited
 
Daily i forex report 24 jul 2018 by epic research
Daily i forex report 24 jul 2018 by epic researchDaily i forex report 24 jul 2018 by epic research
Daily i forex report 24 jul 2018 by epic research
Epic Research Limited
 
Epic Research Singapore : - Daily IForex Report of 28th October 2014
Epic Research Singapore : - Daily IForex Report of 28th October 2014Epic Research Singapore : - Daily IForex Report of 28th October 2014
Epic Research Singapore : - Daily IForex Report of 28th October 2014
Epic Research Singapore
 

What's hot (20)

Daily i forex-report-29-may-2018-by-epic-research
Daily i forex-report-29-may-2018-by-epic-researchDaily i forex-report-29-may-2018-by-epic-research
Daily i forex-report-29-may-2018-by-epic-research
 
Weekly i forex report 16 jul 2018
Weekly i forex report 16 jul 2018Weekly i forex report 16 jul 2018
Weekly i forex report 16 jul 2018
 
Daily i forex report 14 august 2018 by epic research
Daily i forex report 14 august 2018 by epic researchDaily i forex report 14 august 2018 by epic research
Daily i forex report 14 august 2018 by epic research
 
Daily i forex report 25 jul 2018 by epic research
Daily i forex report 25 jul 2018 by epic researchDaily i forex report 25 jul 2018 by epic research
Daily i forex report 25 jul 2018 by epic research
 
Daily i forex-report-28-may-2018-by-epic-research
Daily i forex-report-28-may-2018-by-epic-researchDaily i forex-report-28-may-2018-by-epic-research
Daily i forex-report-28-may-2018-by-epic-research
 
Daily i forex report 03 august 2018 epic research
Daily i forex report 03 august 2018 epic researchDaily i forex report 03 august 2018 epic research
Daily i forex report 03 august 2018 epic research
 
Weekly i forex report 30 jul 2018 by epic research
Weekly i forex report 30 jul 2018 by epic researchWeekly i forex report 30 jul 2018 by epic research
Weekly i forex report 30 jul 2018 by epic research
 
Daily i forex report 10 jul 2018
Daily i forex report 10 jul 2018Daily i forex report 10 jul 2018
Daily i forex report 10 jul 2018
 
Daily i forex report 03 september 2018 by epic research
Daily i forex report 03 september 2018 by epic researchDaily i forex report 03 september 2018 by epic research
Daily i forex report 03 september 2018 by epic research
 
Daily i forex report 29 june 2018
Daily i forex report  29 june 2018Daily i forex report  29 june 2018
Daily i forex report 29 june 2018
 
Daily i forex-report-25-may-2018-by-epic-research
Daily i forex-report-25-may-2018-by-epic-researchDaily i forex-report-25-may-2018-by-epic-research
Daily i forex-report-25-may-2018-by-epic-research
 
Daily i forex report 28 june 2018
Daily i forex report 28  june 2018Daily i forex report 28  june 2018
Daily i forex report 28 june 2018
 
Epic research singapore : daily i forex report of 11 march 2015
Epic research singapore :   daily i forex report of 11 march 2015Epic research singapore :   daily i forex report of 11 march 2015
Epic research singapore : daily i forex report of 11 march 2015
 
Daily i forex report 17 august 2018 by epic research
Daily i forex report 17 august 2018 by epic researchDaily i forex report 17 august 2018 by epic research
Daily i forex report 17 august 2018 by epic research
 
Daily i forex report 27 june 2018
Daily i forex report 27 june 2018Daily i forex report 27 june 2018
Daily i forex report 27 june 2018
 
Daily i forex report 20 jul 2018
Daily i forex report 20 jul 2018Daily i forex report 20 jul 2018
Daily i forex report 20 jul 2018
 
Daily i forex report 22 june 2018
Daily i forex report 22 june 2018Daily i forex report 22 june 2018
Daily i forex report 22 june 2018
 
Daily i forex report 29 august 2018 by epic research
Daily i forex report 29 august 2018 by epic researchDaily i forex report 29 august 2018 by epic research
Daily i forex report 29 august 2018 by epic research
 
Daily i forex report 24 jul 2018 by epic research
Daily i forex report 24 jul 2018 by epic researchDaily i forex report 24 jul 2018 by epic research
Daily i forex report 24 jul 2018 by epic research
 
Epic Research Singapore : - Daily IForex Report of 28th October 2014
Epic Research Singapore : - Daily IForex Report of 28th October 2014Epic Research Singapore : - Daily IForex Report of 28th October 2014
Epic Research Singapore : - Daily IForex Report of 28th October 2014
 

Similar to Daily i forex-report-21-may-2018-by-epic-research

Daily i forex report 10 august 2018 by epiv research
Daily i forex report 10 august 2018 by epiv researchDaily i forex report 10 august 2018 by epiv research
Daily i forex report 10 august 2018 by epiv research
Epic Research Limited
 
Daily i forex report 09 jul 2018
Daily i forex report 09 jul 2018Daily i forex report 09 jul 2018
Daily i forex report 09 jul 2018
Epic Research Limited
 
Daily i forex report 23 august 2018 by epic research
Daily i forex report 23 august 2018 by epic researchDaily i forex report 23 august 2018 by epic research
Daily i forex report 23 august 2018 by epic research
Epic Research Limited
 
Weekly i forex report 23 jul 2018 by epic research
Weekly i forex report 23 jul 2018 by epic researchWeekly i forex report 23 jul 2018 by epic research
Weekly i forex report 23 jul 2018 by epic research
Epic Research Limited
 
Daily i forex report 03 jul 2018
Daily i forex report 03 jul 2018Daily i forex report 03 jul 2018
Daily i forex report 03 jul 2018
Epic Research Limited
 
Daily i forex report 30 august 2018 by epic research
Daily i forex report 30 august 2018 by epic researchDaily i forex report 30 august 2018 by epic research
Daily i forex report 30 august 2018 by epic research
Epic Research Limited
 
Weekly i forex report 03 september 2018 by epic research
Weekly i forex report 03 september 2018 by epic researchWeekly i forex report 03 september 2018 by epic research
Weekly i forex report 03 september 2018 by epic research
Epic Research Limited
 
Daily i forex report 17-07-2018
Daily i forex report 17-07-2018Daily i forex report 17-07-2018
Daily i forex report 17-07-2018
Epic Research Limited
 
Weekly i forex report 06 august 2018 by epic research
Weekly i forex report 06 august 2018 by epic researchWeekly i forex report 06 august 2018 by epic research
Weekly i forex report 06 august 2018 by epic research
Epic Research Limited
 
Daily i forex report 01 august 2018 by epic research
Daily i forex report 01 august 2018 by epic researchDaily i forex report 01 august 2018 by epic research
Daily i forex report 01 august 2018 by epic research
Epic Research Limited
 
Weekly i forex report 09 jul 2018
Weekly i forex report 09 jul 2018Weekly i forex report 09 jul 2018
Weekly i forex report 09 jul 2018
Epic Research Limited
 
Weekly i forex report 13 august 2018 by epic research
Weekly i forex report 13 august 2018 by epic researchWeekly i forex report 13 august 2018 by epic research
Weekly i forex report 13 august 2018 by epic research
Epic Research Limited
 

Similar to Daily i forex-report-21-may-2018-by-epic-research (12)

Daily i forex report 10 august 2018 by epiv research
Daily i forex report 10 august 2018 by epiv researchDaily i forex report 10 august 2018 by epiv research
Daily i forex report 10 august 2018 by epiv research
 
Daily i forex report 09 jul 2018
Daily i forex report 09 jul 2018Daily i forex report 09 jul 2018
Daily i forex report 09 jul 2018
 
Daily i forex report 23 august 2018 by epic research
Daily i forex report 23 august 2018 by epic researchDaily i forex report 23 august 2018 by epic research
Daily i forex report 23 august 2018 by epic research
 
Weekly i forex report 23 jul 2018 by epic research
Weekly i forex report 23 jul 2018 by epic researchWeekly i forex report 23 jul 2018 by epic research
Weekly i forex report 23 jul 2018 by epic research
 
Daily i forex report 03 jul 2018
Daily i forex report 03 jul 2018Daily i forex report 03 jul 2018
Daily i forex report 03 jul 2018
 
Daily i forex report 30 august 2018 by epic research
Daily i forex report 30 august 2018 by epic researchDaily i forex report 30 august 2018 by epic research
Daily i forex report 30 august 2018 by epic research
 
Weekly i forex report 03 september 2018 by epic research
Weekly i forex report 03 september 2018 by epic researchWeekly i forex report 03 september 2018 by epic research
Weekly i forex report 03 september 2018 by epic research
 
Daily i forex report 17-07-2018
Daily i forex report 17-07-2018Daily i forex report 17-07-2018
Daily i forex report 17-07-2018
 
Weekly i forex report 06 august 2018 by epic research
Weekly i forex report 06 august 2018 by epic researchWeekly i forex report 06 august 2018 by epic research
Weekly i forex report 06 august 2018 by epic research
 
Daily i forex report 01 august 2018 by epic research
Daily i forex report 01 august 2018 by epic researchDaily i forex report 01 august 2018 by epic research
Daily i forex report 01 august 2018 by epic research
 
Weekly i forex report 09 jul 2018
Weekly i forex report 09 jul 2018Weekly i forex report 09 jul 2018
Weekly i forex report 09 jul 2018
 
Weekly i forex report 13 august 2018 by epic research
Weekly i forex report 13 august 2018 by epic researchWeekly i forex report 13 august 2018 by epic research
Weekly i forex report 13 august 2018 by epic research
 

Recently uploaded

PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies &...
PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies &...PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies &...
PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies &...
Ksquare Energy Pvt. Ltd.
 
DearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUniDearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUni
katiejasper96
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Best Competitive Marble Pricing in Dubai - ☎ 9928909666
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Best Competitive Marble Pricing in Dubai - ☎ 9928909666
Best Competitive Marble Pricing in Dubai - ☎ 9928909666
Stone Art Hub
 
欧洲杯赌球-欧洲杯赌球买球官方官网-欧洲杯赌球比赛投注官网|【​网址​🎉ac55.net🎉​】
欧洲杯赌球-欧洲杯赌球买球官方官网-欧洲杯赌球比赛投注官网|【​网址​🎉ac55.net🎉​】欧洲杯赌球-欧洲杯赌球买球官方官网-欧洲杯赌球比赛投注官网|【​网址​🎉ac55.net🎉​】
欧洲杯赌球-欧洲杯赌球买球官方官网-欧洲杯赌球比赛投注官网|【​网址​🎉ac55.net🎉​】
valvereliz227
 
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
irhcs
 
Lukas Rycek - GreenChemForCE - project structure.pptx
Lukas Rycek - GreenChemForCE - project structure.pptxLukas Rycek - GreenChemForCE - project structure.pptx
Lukas Rycek - GreenChemForCE - project structure.pptx
pavelborek
 
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
➑➌➋➑➒➎➑➑➊➍
 
CULR Spring 2024 Journal.pdf testing for duke
CULR Spring 2024 Journal.pdf testing for dukeCULR Spring 2024 Journal.pdf testing for duke
CULR Spring 2024 Journal.pdf testing for duke
ZevinAttisha
 
Pro Tips for Effortless Contract Management
Pro Tips for Effortless Contract ManagementPro Tips for Effortless Contract Management
Pro Tips for Effortless Contract Management
Eternity Paralegal Services
 
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium PresentationKirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
IMG_20240615_091110.pdf dpboss guessing
IMG_20240615_091110.pdf dpboss  guessingIMG_20240615_091110.pdf dpboss  guessing
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
dpbossdpboss69
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
my Pandit
 
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fixKalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
satta Matta matka 143 Kalyan chart jodi 6366249026
 
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
BBPMedia1
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Science Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around UsScience Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around Us
PennapaKeavsiri
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
IPLTech Electric
 

Recently uploaded (20)

PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies &...
PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies &...PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies &...
PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies &...
 
DearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUniDearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUni
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Best Competitive Marble Pricing in Dubai - ☎ 9928909666
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Best Competitive Marble Pricing in Dubai - ☎ 9928909666
Best Competitive Marble Pricing in Dubai - ☎ 9928909666
 
欧洲杯赌球-欧洲杯赌球买球官方官网-欧洲杯赌球比赛投注官网|【​网址​🎉ac55.net🎉​】
欧洲杯赌球-欧洲杯赌球买球官方官网-欧洲杯赌球比赛投注官网|【​网址​🎉ac55.net🎉​】欧洲杯赌球-欧洲杯赌球买球官方官网-欧洲杯赌球比赛投注官网|【​网址​🎉ac55.net🎉​】
欧洲杯赌球-欧洲杯赌球买球官方官网-欧洲杯赌球比赛投注官网|【​网址​🎉ac55.net🎉​】
 
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
 
Lukas Rycek - GreenChemForCE - project structure.pptx
Lukas Rycek - GreenChemForCE - project structure.pptxLukas Rycek - GreenChemForCE - project structure.pptx
Lukas Rycek - GreenChemForCE - project structure.pptx
 
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
 
CULR Spring 2024 Journal.pdf testing for duke
CULR Spring 2024 Journal.pdf testing for dukeCULR Spring 2024 Journal.pdf testing for duke
CULR Spring 2024 Journal.pdf testing for duke
 
Pro Tips for Effortless Contract Management
Pro Tips for Effortless Contract ManagementPro Tips for Effortless Contract Management
Pro Tips for Effortless Contract Management
 
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium PresentationKirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
 
IMG_20240615_091110.pdf dpboss guessing
IMG_20240615_091110.pdf dpboss  guessingIMG_20240615_091110.pdf dpboss  guessing
IMG_20240615_091110.pdf dpboss guessing
 
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
 
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fixKalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
 
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Science Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around UsScience Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around Us
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
 

Daily i forex-report-21-may-2018-by-epic-research

  • 1. 21-May-2018 For More Information Please visit www.epicresearch.co or contact info@epicresearch.co Please refer to disclaimer at the end of the report. International Forex
  • 2. International Forex INTERNATIONAL CURRENCY BUZZ Forex - Dollar Eases From Highs as U.S. Bond Yields Retreat Forex - The EUR/USD Continues to Trend Lower as U.S. Yields Rise Forex - GBP/USD challenges 2-week old trading range support near mid-1.3400s GBP/USD The GBP/USD pair extended its steady decline from an intraday high level of 1.3528 and is currently placed just above over 2-week old trading range support. In absence of any fresh fundamental development/economic releases, the pair's fall of around 75-80 pips could be attributed to resurgent USD demand. Following a brief pause earlier today, theUS Dollar resumed with its upsurge to hit fresh multi-month lows and was seen as one of the key factors exerting downward pressure on the major. Meanwhile, the latest dovish BoE tilt, and reemerging Brexit concerns continued dampening sentimentsurrounding the British Pound and further collaborated to pair's fall back to weekly lows, which if broken would confirm a fresh bearish breakdown, paving way for an extension of the pair's near-term bearish trajectory. A convincing break below mid-1.3400s is likely to accelerate the slide towards the 1.3400 handle before the pair eventually extends the downfall further towards the 1.3300 handle in the near-term. EUR/USD The EUR/USD pair is trading at around 1.1782 down 0.1% on Friday. EUR/USD found a ceiling at 1.1822 in the European session and then fell more than 70 pips to find an intraday low at 1.1749 in the American session. The pair has now bounced and is trading in the 1.1780 region about an hour after the London close. EUR/USD posted on Friday yet again a new 2018 low at 1.1749 as the greenback continues its relentless bull trend. The three main US indices, the S&P 500, the Dow Jones Industrial Average and the Nasdaq are on the backfoot and investors keep buying USD as it is seen as a safer investment. However at the time of writing, the USD is having a small pullback on the back of some profit-taking as the week comes to an end. In fact, The Federal Reserve Bank is expected to raise interest rates three to four times in 2018 supporting the trend in USD and in the 10-year Treasury yield benchmark.
  • 4. International Forex EPIC'S ANALYST SPEAKS GBP/USD Daily Chart INTRADAY OUTLOOK Support: 1.3422 Resistance: 1.3618 RECOMMENDATION: BUY GBPUSD ABOVE 1.3500 TGT 1.3520 1.3550 SL 1.3470 SELL GBPUSD BELOW 1.3440 TGT 1.3420 1.3390 SL 1.3470
  • 5. International Forex EPIC'S ANALYST SPEAKS EUR/USD Daily Chart INTRADAY OUTLOOK Support: 1.1739 Resistance: 1.1867 RECOMMENDATION: BUY EURUSD ABOVE 1.1800 TGT 1.1820 1.1850 SL 1.1770 SELL EURUSD BELOW 1.1740 TGT 1.1720 1.1690 SL 1.1770
  • 6. Epic Research is one of India’s largest Financial Advisory house. Epic Research is amongst leading and most valuable financial advisory provider companies in the private sector. DISCLAIMER 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. 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 ex-pressed as a recommendation for which either the site or its owners or anyone can be held responsible. Any surfing and reading of the information is the acceptance of this disclaimer. Investment in equity, futures, Forex and commodity 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. For India: Info@epicresearch.co Address: 411 Milinda Manor(Suites 409-425) 2 RNT Marg. Opp Central Mall Indore (M.P.) +91 -731- 6642300 For United States- HNI& NRI Sales Contact: 2117 Arbor Vista Dr. Charlotte (NC)-Cell: +1 704 249 23 For Australia- HNI & NRI Sales Contact: Mintara Road, Tarneit, Victoria, Post Code 3029 Cell: +61 422 063855 Singapore- www.epicresearch.sg Contact +65-3158-1402 Malaysia-www.epicresearch.myContact +60-3502-19047 International Forex