1 / 5

Epic Research Singapore : - Daily IForex Report of 20 July 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 20 July 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 –20– July INTERNATIONAL CURRENCY BUZZ Forex- Australian, New Zealand dollars slide on rate cut bets Forex - Dollar slips vs yen on profit-taking; kiwi tumbles Forex - Yen at 3 1/2-week low, kiwi tumbles after c.bank housing proposals EUR/USD EUR/USD is currently trading with a bullish bias. Euro continues to trade within it’s consoli- dation range, not going below 1.1034 or above 1.1165. As long as the pair trades within this range we look to trade reversals from either levels within the range. A break above this range will culminate into a possible bullish rally towards 1.1120 or even higher to 1.1165. A break below 1.1034 will lead to a momentum to the lower side but should not go beyond 1.0936. This pair should be traded alongside EUR/JPY, GBP/USD, GBP/CHF and GBP/JPY. These pairs have a similar price action during this intraday. GBP/USD GBP/USD is currently trading with a slight bearish bias. Yesterday, the cable made minor retracements to the upper side but could not close beyond 1.3344. This pair is is still pretty much bearish on the daily chart and will likely remain bearish for the better parts of this intraday. Thus, during this intraday, we expect a possible bearish price rally towards 1.2905 or even lower. This pair should be traded alongside GBP/JPY, GBP/CHF, NZD/USD and AUD/USD. These pairs have a strong positive correlation of up to +0.96 and will have similar price action during this intraday. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  3. Iforex Market Insight Date – 20– July ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Wednesday, July 20, 2016 10:30 SGD CPI (YoY) (Jun) -1.6% 11:30 EUR German PPI (MoM) (Jun) 0.2% 0.4% 14:00 GBP Average Earnings Index +Bonus (May) 2.3% 2.0% 14:00 GBP Claimant Count Change (Jun) 3.5K -0.4K 14:00 GBP Unemployment Rate (May) 5.0% 5.0% 20:00 USD Crude Oil Inventories -2.233M -2.546M 20:00 USD Cushing Crude Oil Inventories -0.232M Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

  4. Iforex Market Insight Date – 20– July GBP/USD HOURLY CHART BUY GBPUSD ABOVE 1.3235 TGT 1.3255 1.3285 SL 1.3205 SELL GBPUSD BELOW 1.3165 TGT 1.3145 1.3105 SL 1.3195 EUR/USD HOURLY CHART BUY EURUSD ABOVE 1.1083 TGT 1.1103 1.1133 SL 1.1053 SELL EURUSD BELOW 1.1036 TGT 1.1.1016 1.0986 SL 1.1066 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  5. EPIC RESEARCH SINGAPORE EPIC RESEARCH SINGAPORE HNI & NRI SALES CONTACT 1,Raffles Place # 44-02 Singapore(048616) 2117 Arbor Vista DR. Charlotte (NC) www.epicresearch.sg Cell:+1 704 249 2315 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