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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– 15– Feb INTERNATIONAL CURRENCY BUZZ month lows, eyes on data Forex Forex - Dollar hovers near 4 Dollar hovers near 4- -month lows, eyes on data Forex Forex - -Yen on track for strongest week since late 2008 Yen on track for strongest week since late 2008 Forex Forex - -Dollar strengthens vs. rivals ahead of U.S. data Dollar strengthens vs. rivals ahead of U.S. data EUR/USD EUR/USD fell modestly on Friday, retreating from three-month highs reached in the prior session, as currency traders continued to assess the risks associated with negative interest rate policies one day after Sweden's Central Bank unexpectedly lowered their rates deeper below zero.The currency pair traded in a broad range between 1.1214 and 1.1333 before settling at 1.1255, down 0.0061 or 0.54% on the session. Despite the slight losses, EUR/USD has still closed higher in seven of the last 10 ses- sions and 11 of the last 15. After nearly slipping below 1.08 at the end of last month, the euro is up by nearly 4% against its American counterpart in February.EUR/USD likely gained support at 1.0538, the low from December 3 and was met with resistance at 1.1496, the high from Oct. 15.The U.S. Dol- lar Index, which measures the strength of the greenback versus a basket of six other major curren- cies, gained more than 0.45% to an intraday high of 96.25, before closing at 95.99. The index is still down more than 3.7% since the BOJ's rate decision on January 29. GBP/USD The pound edged higher against the U.S. dollar on Friday, but gains were expected to be limited as investors remained cautious amid persistant global turmoil and ahead of the release of U.S. data later in the day.GBP/USD hit 1.4528 during European morning trade, the session high; the pair sub- sequently consolidated at 1.4511, adding 0.26%.Cable was likely to find support at 1.4381, Thurs- day’s low and resistance at 1.4579, the high of February 10.Investors remained cautious amid ongo- ing fears over the health of the global economy and the euro zone financial sector.Markets were also jittery as oil prices remained below $28 a barel on Friday, even after the United Arab Emirates energy minister said the OPEC was willing to talk with other exporters about cutting output.In the U.S., Federal Reserve Chair Janet Yellen reiterated to the Senate on Thursday comments made the previous day to Congress. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
Iforex Market Insight Date– 15– Feb ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Monday, February 15, 2016 All Day Holiday United States - Presidents' Day 05:20 JPY GDP (QoQ) (Q4) -0.3% 0.3% 05:20 JPY GDP (YoY) (Q4) -1.2% 1.0% 10:00 JPY Industrial Production (MoM) (Dec) - -1.4% 12:00 INR WPI Inflation (YoY) (Jan) -0.15% -0.73% 15:30 EUR Trade Balance (Dec) - 23.6B Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg
Iforex Market Insight Date– 15– Feb GBP/USD HOURLY CHART BUY GBP USD ABOVE 1.4525 TARGET 1.4545 1.4575 SL 1.4495 SELL GBP USD BELOW 1.4500 TARGET 1.4480 1.4450 SL 1.4530 EUR/USD HOURLY CHART BUY EUR USD ABOVE 1.1260 TARGET 1.1280 1.1310 SL 1.1230 SELL EUR USD BELOW 1.1250 TARGET 1.1230 1.1200 SL 1.1280 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
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