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Epic Research Singapore : - Daily IForex Report of 09 April 2015

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.

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Epic Research Singapore : - Daily IForex Report of 09 April 2015

  2. 2. orex- Dollar slides against rivals before Fed meeting minutes. Forex- GBP/USD rises as markets eye Fed meeting minutes. Forex- Euro holds gains despite weak euro zone retail sales. GBP/USD hit 1.4903 during European morning trade, the session high; the pair subsequently consolidated at 1.4891, climbing 0.55%.The pound was higher against the U.S. dollar on Wednesday, as demand for the greenback weakened ahead of the minutes of the Federal Re- serve's latest policy meeting, expected later in the day. Cable was likely to find support at 1.4797, Tuesday's low and resistance at 1.4982, the high of April 6.Market participants were eyeing the Fed's upcoming meeting minutes for indications on the central bank's next policy moves after Friday's downbeat jobs data fuelled uncertainty over the timing of a rate hike. EUR/USD was at 1.0863, up 0.45% for the day, little changed from ahead of the report. The euro held gains against the dollar on Wednesday despite data showing that euro zone retail sales fell in February, snapping four straight months of gains. The European Union’s statistics agency Eurostat reported that retail sales fell 0.2% in February, in line with market expecta- tions. On a year-over-year basis, retail sales rose 3.0% also in line with forecasts. The report said gasoline sales fell for the first time since September, indicating that the boost to consumer spending from lower oil prices may be waning. www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- Iforex Market Insight Date:09-Apr INTERNATIONAL CURRENCY BUZZ GBP/USD EUR/USD
  3. 3. Iforex Market Insight Date:09-Apr www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Thursday, April 9, 2015 04:31 GBP RICS House Price Balance (Mar) 15% 14% 11:30 EUR German Industrial Production (MoM) (Feb) 0.2% 0.6% 11:30 EUR German Trade Balance (Feb) 20.1B 19.7B 14:00 GBP Trade Balance (Feb) -9.00B -8.41B 14:00 GBP Trade Balance Non-EU (Feb) -2.00B -1.75B 16:30 GBP BoE QE Total (Apr) 375B 375B 16:30 GBP Interest Rate Decision (Apr) 0.50% 0.50% 17:30 RUB Central Bank reserves (USD) 360.8B 18:00 USD Initial Jobless Claims 285K 268K 18:00 CAD Building Permits (MoM) (Feb) 5.0% -12.9% 18:00 CAD New Housing Price Index (MoM) (Feb) 0.1% -0.1%
  4. 4. Iforex Market Insight Date:09-Apr www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART 1. Buy GBP/USD Above 1.4951-TG: 1.4971/1.5001 SL 1.4931 2. 3. Sell GBP/USD Below 1.4887-TG: 1.4867/1.4837 SL 1.4917 GBP/USD HOURLY CHART Buy EUR/USD Above 1.0870-TG: 1.0890/1.0920 SL 1.0840 Sell EUR/USD Below 1.0806 -TG:1.0786/1.0756 SL 1.0836
  5. 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