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Epic Research Singapore : - Daily IForex Report of 20 May 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.

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Epic Research Singapore : - Daily IForex Report of 20 May 2016

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  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– May INTERNATIONAL CURRENCY BUZZ Forex- Sterling up on retail data, hits 3-1/2 month highs vs. euro Forex - Dollar steady at 7-week highs on rate hike hopes Forex Forex- - Aussie, kiwi move lower vs. greenback after Fed minutes Aussie, kiwi move lower vs. greenback after Fed minutes EUR/USD EUR/USD is unchanged on Thursday, following sharp losses in the Wednesday session. The pair is trading at 1.1210 in the European session. On the release front, the ECB will release the minutes of its April policy meeting. In the US, there are two key releases. Philly Fed Manufacturing Index is expected to climb 3.2 points, while the forecast for Unemployment Claims is 276 thousand.The Federal Reserve minutes hinted that a June hike remains on the table, and EUR/USD responded with sharp losses of about 100 points. According to the minutes, the Fed wants to see stronger growth in Q2 as well as better numbers from the inflation and employment fronts. If this is achieved, the Fed said it “likely would be appro- priate” to raise rates at the June meeting. GBP/USD The pound extended early gains against the dollar and the euro on Thursday after data showing that U.K. retail sales jumped in April, despite a steep drop in clothing sales which may have been due to unseasonable weather.The Office for National Statistics said retail sales rose 1.3% in April, well above economists’ forecasts for an increase of 0.5%.March’s figures were revised to show a 0.5% drop, a much smaller decline than the initial estimate of a fall of 1.3%.Retail sales volumes were up 4.3% on a year over-year basis, the report said.Sales of most items surged, but clothing sales fell by 6.3% the ONS said, perhaps due to cold weather in April, which hit sales of summer clothes.GBP/USD was up 0.32% at 1.4645 from around 1.4626 ahead of the report. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  3. Iforex Market Insight Date - 20– May ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Friday, May 20, 2016 09:30 MYR CPI (YoY) (Apr) 2.2% 2.6% 15:30 GBP CBI Industrial Trends Orders (May) -13 -11 18:30 USD FOMC Member Tarullo Speaks - - 19:30 USD Existing Home Sales (Apr) 5.40M 5.33M 19:30 USD Existing Home Sales (MoM) (Apr) 1.3% 5.1% 22:35 USD Baker Hughes U.S. Rig Count - 318 Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

  4. Iforex Market Insight Date - 20– May GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4700 TGT 1.4720 1.4750 SL 1.4670 SELL GBP/USD AROUND 1.4696-1.4693 TGT 1.4673 1.4643 SL 1.4726 EUR/USD HOURLY CHART BUY EURUSD ABOVE 1.1250 TGT 1.1270 1.1300 SL 1.1220 SELL EUR/USD BELOW 1.1205 TGT 1.1185 1.1155 SL 1.1235 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.

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