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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– 28– JAN INTERNATIONAL CURRENCY BUZZ Forex -AUD/USD rises to 2-week highs on Australian inflation data Forex -NZD/USD slides lower ahead of Fed, RBNZ statements Forex - Dollar treads water ahead of Fed statement EUR/USD EUR/USD, is showing marginal movement on Wednesday, as the pair trades at 1.0870 in the European session. In economic news, German Consumer Climate posted a strong reading of 9.4 points, within expectations. In the US, the Federal Reserve will release a policy statement and set the benchmark interest rate for January.Fresh offers came-in after the pair failed to sustain above the hourly 200-MA seen at 1.0873 levels. The pair had spiked to 1.0883 after the European stocks dropped around 0.80% in early trading. However, equities recovered losses and weighed over the common currency. No first tier data is due for release in the Eurozone. Hence, the pair remains at the mercy of the action in the equity markets as we head towards the FOMC rate decision. “Draghi's dovish policy signal should understandably cap EUR into the ECB's Mar 10 policy meet- ing, the pair unlikely to make a serious dent at 1.10 if at all in coming weeks”. GBP/USD .The GBP/USD pair trades -0.31% lower at fresh session lows of 1.4306, having faced strong of- fers near 1.4350 region. The major reverses a part of yesterday’s rally and remains vulnerable as the slide in the oil prices refuelling risk-off trades across the financial markets and almost killed the demand for risk currencies such as the GBP.The cable remains little affected by the expecta- tions of an upbeat GDP print due tomorrow and keeps the offered tone intact as long as oil price action continues to dominate markets. On Tuesday, GBP/UD rallied to weekly highs near 1.4370 and completely ignored the dovish comments from BOE Governor Carney at his testimony in London. Carney noted that conditions are not right for a rate hike, while he also added that BOE could cut rates if necessary.Attention now remains on the Fed decision due later today for fur- ther momentum on the major. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
Iforex Market Insight Date– 28– JAN ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Thursday, January 28, 2016 00:30 USD FOMC Statement - - 00:30 USD Fed Interest Rate Decision 0.50% 0.50% 01:30 NZD Interest Rate Decision 2.50% 2.50% 01:30 NZD RBNZ Rate Statement - - 03:15 NZD Trade Balance (YoY) (Dec) -3,590M -3,680M 03:15 NZD Trade Balance (MoM) (Dec) -131M -779M 05:20 JPY Retail Sales (YoY) (Dec) -0.1% -1.0% 15:00 GBP GDP (YoY) (Q4) 1.9% 2.1% 15:00 GBP GDP (QoQ) (Q4) 0.5% 0.4% 19:00 USD Core Durable Goods Orders (MoM) (Dec) -0.1% -0.1% 19:00 USD Durable Goods Orders (MoM) (Dec) -0.6% 0.0% 19:00 USD Initial Jobless Claims 282K 293K 20:30 USD Pending Home Sales (MoM) (Dec) 0.8% -0.9% Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg
Iforex Market Insight Date– 28– JAN GBP/USD HOURLY CHART BUY GBPUSD ABOVE 1.4340 TARGET 1.4360 1.4390 SL 1.4310 SELL GBPUSD BELOW 1.4380 TARGET 1.4360 1.4330 SL 1.4410 EUR/USD HOURLY CHART BUY EUR USD ABOVE 1.0880 TARGET 1.0900 1.0930 SL 1.0850 SELL EUR USD BELOW 1.0840 TARGTE 1.0820 1.0790 SL 1.0870 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
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