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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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Iforex Market Insight INTERNATIONAL CURRENCY BUZZ ECONOMIC CALENDAR GBP/USD HOURLY CHART EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE
Iforex Market Insight Date – 03– Jun INTERNATIONAL CURRENCY BUZZ Forex- Pound rises against weaker dollar, but gains checked Forex - Dollar hits two-week low against yen Forex - Aussie slides lower after mixed data, kiwi holds steady EUR/USD The EURUSD pair opens today’s trading with more positivity to start the breaching process to 1.1196 resistance, and as we mentioned yesterday, breaching this level represents key factor to confirm the continuation of the bullish trend, opening the way to head towards our next main target at 1.1356.Therefore, we will continue to suggest the bullish trend in the upcoming sessions, supported by the EMA50 that carries the price from below now, conditioned by the price stability above 1.1170 and the most important above 1.1066.Expected trading range for today is between 1.1110 support and 1.1320 resistance. GBP/USD The pound moved higher against softer dollar on Thursday as doubts over a near-term U.S. rate hike hit the greenback, but sterling’s gains were held in check after disappointing U.K. construction sector data.GBP/USD was up 0.16% at 1.4436, holding below session highs of 1.4467.The pound’s gains were checked after survey data showing that the slow- down in the U.K. construction sector continued in May, amid the first drop in new orders since April 2013.The Market construction purchasing managers' index fell to 51.2 from April’s reading of 52.0. Economists had expected an unchanged reading.The report said that delay’s to client decision making ahead of the European Union membership referen- dum on June 23 had contributed to the slowdown. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
Iforex Market Insight Date – 03– Jun ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Friday, June 3, 2016 13:30 EUR Markit Composite PMI (May) 52.9 52.9 13:30 EUR Services PMI (May) 53.1 53.1 14:00 GBP Services PMI (May) 52.5 52.3 14:30 EUR Retail Sales (MoM) (Apr) 0.3% -0.5% 18:00 USD Average Hourly Earnings (MoM) (May) 0.2% 0.3% 18:00 USD Nonfarm Payrolls (May) 162K 160K 18:00 USD Participation Rate (May) 62.8% 18:00 USD Private Nonfarm Payrolls (May) 152K 171K 18:00 USD Trade Balance (Apr) -41.30B -40.40B 18:00 USD Unemployment Rate (May) 4.9% 5.0% 19:15 USD Markit Composite PMI (May) 50.8 19:15 USD Services PMI (May) 51.2 51.2 19:30 USD Factory Orders (MoM) (Apr) 0.9% 1.1% 19:30 USD ISM Non-Manufacturing Employment (May) 53.0 19:30 USD ISM Non-Manufacturing PMI (May) 55.5 55.7 22:00 USD FOMC Member Brainard Speaks 22:35 USD Baker Hughes U.S. Rig Count 316 Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg
Iforex Market Insight Date – 03– Jun GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4470 TGT 1.4490 1.4520 SL 1.4400 SELL GBP/USD BELOW 1.4418 TGT 1.4398 1.4368 SL 1.4448 EUR/USD HOURLY CHART BUY EURUSD ABOVE 1.1219 TGT 1.1239 1.1269 SL 1.1189 SELL EUR/USD BELOW 1.1192 TGT 1.1172 1.1042 SL 1.1222 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
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