Epic Research Singapore : - Daily IForex Report of 18 February 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– 18– Feb INTERNATIONAL CURRENCY BUZZ Forex - Aussie and kiwi lose ground vs. greenback in late trade Forex - Sterling dips as U.K. wage growth slows Forex - Dollar holds steady ahead of U.S. data, Fed minutes EUR/USD The shared currency has recovered the smile so far on Wednesday, pushing EUR/USD to test fresh daily tops near 1.1170.The pair is posting gains for the first time since Friday, finding quite decent support around the 1.1100 neighbourhood in a context where risk aversion and risk appe- tite keeps alternating the dominance. Absent releases in Euroland, traders’ attention will shift to the US docket, where Housing Starts, Building Permits, Producer Prices, Industrial Production and Capacity Utilization are all due later ahead of the more relevant FOMC minutes.The pair is now advancing 0.18% at 1.1163 facing the next hurdle at 1.1220 (23.6% Fibo of December up-move) followed by 1.1378 (high Feb.11) and then 1.1460. On the flip side, a breakdown of 1.1059 (200- day sma) would target 1.0965 (61.8% Fibo of December up-move) and finally 1.0709 (YTD low Jan.5). GBP/USD The pound edged lower against the dollar on Wednesday after the latest U.K. jobs report showed that wage growth slowed in the last three months of 2015, underlining expectations that interest rates will remain on hold for longer.GBP/USD slid from around 1.4289 ahead of the data to an intra-day low of 1.4265.The Office for National Statistics said the unemployment rate remained unchanged at 5.1% in the three months to December, matching the three months to November which was the lowest since mid-2005.Economists had expected the jobless rate to tick down to 5.0%.Annual wage growth, including bonuses, rose 1.9% in the three months to De- cember, matching forecasts, but slowing from 2.1% in the three months to November.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last at 96.93. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

3. Iforex Market Insight Date– 18– Feb ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Thursday, February 18, 2016 00:30 USD FOMC Meeting Minutes - - 03:05 USD API Weekly Crude Oil Stock - 2.400M 03:15 NZD PPI Input (QoQ) (Q4) - 1.6% 05:20 JPY Adjusted Trade Balance 0.06T 0.04T 05:20 JPY Exports (YoY) (Jan) -11.3% -8.0% 05:20 JPY Trade Balance (Jan) -680B 140B 06:00 AUD Employment Change (Jan) 15.0K -1.0K 06:00 AUD Full Employment Change (Jan) - 17.6K 06:00 AUD Unemployment Rate (Jan) 5.8% 5.8% 06:30 USD FOMC Member Bullard Speaks - - 18:00 EUR ECB Publishes Account of Monetary Policy Meeting - - 19:00 USD Initial Jobless Claims 275K 269K 19:00 USD Philadelphia Fed Manufacturing Index (Feb) -3.0 -3.5 19:00 USD Philly Fed Employment (Feb) - -1.9 21:30 USD Crude Oil Inventories 3.900M -0.754M 21:30 USD Cushing Crude Oil Inventories - 0.523M Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

4. Iforex Market Insight Date– 18– Feb GBP/USD HOURLY CHART BUY GBP USD ABOVE 1.4340 TARGET 1.4360 1.4390 SL 1.4310 SELL GBP USD BELOW 1.4270 TARGET 1.4250 1.4220 SL 1.4300 EUR/USD HOURLY CHART BUY EUR USD ABOVE 1.1150 TARGET 1.1170 1.1200 SL 1.1120 SELL EUR USD BELOW 1.1100 TARGET 1.1080 1.1050 SL 1.1130 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

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