Epic Research Singapore : - Daily IForex Report of 06 June 2016

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 – 06– Jun INTERNATIONAL CURRENCY BUZZ Forex- GBP/USD little changed after U.K. services PMI Forex - Dollar slips vs. yen, steady vs. euro ahead of nonfarm payrolls Forex - Aussie holds gains on services surveys, yen flat after wage data EUR/USD EUR/USD is unchanged on Friday, following slight losses in the Thursday session. The pair is trading at 1.1140. On the release front, German Final Services came in at 55.2 points, within expectations. Eurozone Final Services posted a reading of 53.3, slightly above the estimate. Eurozone Retail Sales came in at 0.0%. It’s a busy day in the US, with three em- ployment indicators on the schedule – Average Hourly Earnings, Unemployment Rate, and Nonfarm Employment Change. The US will also publish ISM Non-Manufacturing PMI. GBP/USD The pound was little changed against the U.S. dollar on Friday, even after data showed that the U.K. service sector expanded at a faster rate than expected in May, as investors remained cautious ahead of a key U.S. employment report due later in the day.GBP/USD hit 1.447 during European morning trade, the session high; the pair subsequently consoli- dated at 1.4425.Cable was likely to find support at 1.4329, the low of May 16 and resis- tance at 1.4507, the high of June 1.Research group Markit said its U.K. services purchasing managers’ index rose to 53.5 last month from a reading of 52.3 in April. Analysts had ex- pected the index to rise to 52.5 in April.Despite the better than expected read, Markit warned that the improvement in expectations would hinge on the June 23 referendum on the U.K.’s membership in the European Union. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

3. Iforex Market Insight Date – 06– Jun ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Monday, June 6, 2016 All Day Holiday New Zealand - Queen's Birthday 06:30 AUD MI Inflation Gauge (MoM) (May) 0.1% 07:00 AUD ANZ Internet Job Ads (MoM) (May) -0.7% 07:00 AUD ANZ Newspaper Job Ads (MoM) (May) -6.2% 14:00 EUR Sentix Investor Confidence (Jun) 6.2 19:30 USD CB Employment Trends Index (May) 128.30 Tentative USD Fed Chair Yellen Speaks Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

4. Iforex Market Insight Date – 06– Jun GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4510 TGT 1.4560 1.4600 SL 1.4460 SELL GBP/USD BELOW 1.4365 TGT 1.4315 1.4275 SL 1.4315 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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