1 / 5

Epic Research Singapore : - Daily IForex Report of 07 April 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 07 April 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 – 07– Apr INTERNATIONAL CURRENCY BUZZ Forex-Aussie edges higher, kiwi holds steady in late trade Forex -Dollar hovering near 17-month lows against yen Forex- Yen holds strong after Japan PM's currency comments EUR/USD The EURUSD pair moves in sideways and tight track settled near 1.1400, where it faces a strong resistance at 1.1420, and the price needs to breach this level to ease the mission of visiting our next main target that located at 1.1494.In general, the bullish trend scenario remains valid and active on the short term basis, organized within the bullish channel that appears in the above chart, supported by the EMA50, pointing that breaching the targeted level will extend the gains to reach 1.1650 as a next main target, while the price needs to settle above 1.1264 for the continuation of the positive expectations.Expected trading range for today is between 1.1300 support and 1.1520 resistance. GBP/USD The GBPUSD pair provided more of the negative trading yesterday to settle at the bullish channel’s support level that appears in the image, where it closed the daily candlestick above this support that located now at 1.4155, which keeps the chances valid for resum- ing the bullish trend on the intraday basis, to target visiting the main bearish channel’s re- sistance at 1.4465.Stochastic positivity supports our expectations to rise, taking into con- sideration that breaking 1.4155 level and holding below it will lead the price to achieve more of the downside moves and target 1.4000 then 1.3800 level on the near term ba- sis.Expected trading range for today is between 1.4080 support and 1.4300 resistance. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  3. Iforex Market Insight Date - 07– Apr ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Thursday, April 7, 2016 04:00 USD FOMC Member Bullard Speaks 05:30 USD FOMC Member Kaplan Speaks 06:00 JPY BoJ Governor Kuroda Speaks 13:00 GBP Halifax House Price Index (MoM) 1.1% -1.4% 13:00 GBP Halifax House Price Index (YoY) 9.4% 9.7% ECB Publishes Account of Monetary Policy Meet- ing 17:00 EUR 18:00 USD Initial Jobless Claims 270K 276K Tentative EUR ECB President Draghi Speaks Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

  4. Iforex Market Insight Date - 07- Apr GBP/USD HOURLY CHART BUY GBP USD ABOVE 1.4125 TARGET 1.4145 1.4175 SL 1.4095 SELL GBP USD BELOW 1.4090 TARGET 1.4070 1.4040 SL 1.4120 EUR/USD HOURLY CHART BUY EUY USD ABOVE 1.1365 TARGET 1.1385 1.1415 SL 1.1335 SELL EUR USD BELOW 1.1335 TARGET 1.1315 1.1285 SL 1.1365 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