Epic Research Singapore : - Daily IForex Report of 14 January 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– 14– JAN INTERNATIONAL CURRENCY BUZZ AUD/USD rises on positive Chinese trade data Forex Forex - -NZD/USD moves higher as sentiment improves NZD/USD moves higher as sentiment improves Forex Forex - -Dollar rises against euro, yen after China data Dollar rises against euro, yen after China data Forex Forex -AUD/USD rises on positive Chinese trade data EUR/USD EUR/USD is selling off heavily from the top of a descending channel that has been in play for a month now, with price moving towards the key 50-day simple moving average (SMA) (1.0814) and $1.0808 support levels. The ability to close convincingly below $1.0808 will largely dictate the state of play, with a high likeliness of a strong move lower should that occur.Given the clear downtrend in play throughout this week so far, further downside seems the most likely event, yet given the importance of the $1.0808 level, it seems prudent to await a break first. A close below $1.0808 would point towards $1.0796, $1.0781 and $1.0773 as the next support levels.However, should we see a closed hourly candle above $1.0840, this would point to- wards a possible rally, with $1.0880 and $1.0905 the next key resistance levels. GBP/USD The GBP/USD pair trades 0.13% higher at 1.4468, having reached fresh session highs at 1.4475 last minutes. The GBP bulls regained lost momentum and returned to the positive ter- ritory as the risk-on trades dominate Europe on the back of rising European equities. Hence, the persisting risk-sentiment boosts the demand for risk currencies such as the GBP.Moreover, the solid rebound seen in the oil prices on impressive Chinese crude imports, lifts the energy stocks on the UK’s benchmark index, the FTSE 100 and therefore, boosts the sentiment around the cable. The FTSE rallies 1.09% to 5,994. Looking ahead, amid a lack of fresh fundamental triggers for the major later today, markets will closely monitor develop- ments around the oil markets, while the sentiment on the Wall Street will also play a crucial role. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

3. Iforex Market Insight Date– 14– JAN ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Thursday, January 14, 2016 00:30 USD Beige Book - - 00:30 USD Federal Budget Balance (Dec) -2.7B -65.0B 03:15 NZD Electronic Card Retail Sales (MoM) (Dec) 0.5% 0.3% 06:00 AUD Employment Change (Dec) -12.5K 71.4K 06:00 AUD Full Employment Change (Dec) - 41.6K 06:00 AUD Unemployment Rate (Dec) 5.9% 5.8% 17:30 GBP BoE MPC vote cut (Jan) 0 0 17:30 GBP BoE MPC vote hike (Jan) 1 1 17:30 GBP BoE MPC vote unchanged (Jan) 8 8 17:30 GBP BoE QE Total (Jan) 375B 375B 17:30 GBP Interest Rate Decision (Jan) 0.50% 0.50% 17:30 GBP BoE MPC Meeting Minutes - - 18:00 EUR ECB Publishes Account of Monetary Policy Meeting - - 19:00 USD Export Price Index (MoM) (Dec) -0.5% -0.6% 19:00 USD FOMC Member Bullard Speaks - - 19:00 USD Import Price Index (MoM) (Dec) -1.4% -0.4% 19:00 USD Initial Jobless Claims 275K 277K Tentative EUR Eurogroup Meetings - - Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

4. Iforex Market Insight Date– 14– JAN GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4480 TARGET 1.4550 1.4580 SL 1.4500 SELL GBP/USD BELOW 1.4440 TARGET 1.4420 1.4390 SL 1.4470 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.0830 TARGET 1.0850 1.0880 SL 1.0800 SELL EUR/USD BELOW 1.0800 TARGET 1.0780 1.0750 SL 1.0830 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.