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1. EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
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04-MAR-2015

2. INTERNATIONAL CURRENCY BUZZ
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Forex-Dollar turns broadly lower in quiet trade.
Forex-EUR/USD hits 1-month lows with ECB in focus.
Forex-GBP/USD holds steady after U.K. construction data.
GBP/USD
GBP/USD hit 1.5398 during European morning trade, the session high; the pair subsequently consolidated at
1.5371.U.K. construction purchasing managers' index increased to 60.1 last month from a reading of 59.1 in
January. Economists had expected the index to tick down to 59.0 in February. "Housing, commercial and civil
engineering activity all expanded at the quickest rates since last October, helped by sharp rises in new business
volumes and an improving economic backdrop."The dollar had rallied broadly on Monday after data showed that
U.S. manufacturing activity continued to expand in February supported expectations for higher interest rates.
EUR/USD
EUR/USD hit 1.1155 during European afternoon trade, the pair's lowest since January 26; the pair subsequently
consolidated at 1.1164, shedding 0.18%.The single currency found some support after Spain’s Employment Ministry
reported that the number of unemployed people declined by 13,500 last month, compared to expectations for an
increase of 10,500. The number of unemployed people rose by 78,000 in January.Data also showed that German
retail sales jumped 2.9% in January, easily outstripping forecasts for a 0.4% increase.The euro's gains were limited
however, as investors remained cautious ahead of the upcoming European Central Bank meeting on Thursday,
when it was expected to announce details of its quantitative easing program.

3. DAILY ECONOMIC DATA
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INTRADAY OUTLOOK
Support: 1.5337
Resistance: 1.5394
RECOMMENDATION:
1. Buy GBP/USD Above 1.5396-TG: 1.5416/1.5446 SL 1.5366
2. Sell GBP/USD Below 1.5335-TG: 1.5315/1.5285 SL 1.5365
EUR/USD Hourly Chart
EPIC'S ANALYST SPEAKS
GBP/USD Hourly Chart

5. EPIC'S ANALYST SPEAKS
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EUR/USD Hourly Chart
INTRADAY OUTLOOK
Support: 1.1148
Resistance: 1.1187
RECOMMENDATION:
1. Buy EUR/USD Above 1.1189-TG: 1.1209/1.1239 SL 1.1159
2. Sell EUR/USD Below 1.1146-TG: 1.1126/1.1096 SL 1.1176

6. DISCLAIMER
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