1 / 5

Epic Research Singapore : - Daily IForex Report of 05 January 2016

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.

epicresearchsg
Download Presentation

Epic Research Singapore : - Daily IForex Report of 05 January 2016

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Iforex Market Insight  INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR  GBP/USD HOURLY CHART  EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE

  2. Iforex Market Insight Date– 05–JAN INTERNATIONAL CURRENCY BUZZ Forex -NZD/USD drops to 2-week lows in risk-off trade Forex -Dollar drops to 2-1/2 month low vs. yen on geopolitical tensions Forex -AUD/USD tumbles to 1-week lows on China PMI EUR/USD The dollar was broadly lower against the eur on Monday, as concerns over growth in China and geo- political tensions in the Middle East boosted investor demand for the safe-haven yen and Swiss franc.EUR/USD gained 0.40% to 1.0898.Data earlier showed that China’s Caixin manufacturing pur- chasing managers' index fell to 48.2 this month from 48.6 in December, confounding expectations for a rise to 48.9.It was the lowest reading since September and was well below the 50-point level which separates expansion from contraction. The downbeat data added to concerns over slowdown in the world’s second biggest economy.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.39% at 98.39.The in- dex ended 2015 with gains of 8.96% bolstered by the diverging monetary policy stance between the Federal Reserve and other world central banks, particularly the European Central Bank and the Bank of Japan. GBP/USD The pound held on to modest gains against the broadly softer dollar on Monday, but remained close to eight-and-a-half month lows after data showing that activity in the U.K. manufacturing sec- tor continued to slow at the end of 2015.GBP/USD was up 0.23% to 1.4770, after falling to over- night lows of 1.4692, the weakest level since April 14.The Markit manufacturing purchasing manag- ers' index fell to a three-month low of 51.9 from 52.5 in November, compared to forecasts for an uptick to 52.7.New export orders rose at the slowest rate in five months, the report said while fac- tory gate prices fell for the fourth straight month.The U.S. dollar index, which measures the green- back’s strength against a trade-weighted basket of six major currencies, fell 0.55% to 98.22. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  3. Iforex Market Insight Date– 05–JAN ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Tuesday, January 5, 2016 02:00 GBP CFTC GBP speculative net positions - -26.7K 02:00 USD CFTC Crude Oil speculative net positions - 192.9K 02:00 USD CFTC Gold speculative net positions - 26.4K 02:00 USD CFTC S&P 500 speculative net positions - -95.2K 02:00 JPY CFTC JPY speculative net positions - -30.4K 02:00 EUR CFTC EUR speculative net positions -161.0K 15:00 GBP Construction PMI (Dec) 56.0 55.3 15:30 EUR CPI (YoY) (Dec) 0.4% 0.2% Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

  4. Iforex Market Insight Date– 05–JAN GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4790 TARGET 1.4810 1.4840 SL 1.4760 SELL GBP/USD BELOW 1.4740 TARGET 1.4720 1.4690 SL 1.4770 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.0970 TARGET 1.0990 1.1020 SL 1.0940 SELL EUR/USD BELOW 1.0920 TARGET 1.0900 1.0870 SL 1.0950 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  5. EPIC RESEARCH SINGAPORE 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.

More Related