Iforex Market Insight
This presentation is the property of its rightful owner.
Sponsored Links
1 / 5

Epic Research Singapore : - Daily IForex Report of 05 April 2016 PowerPoint PPT Presentation


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.

Download Presentation

Epic Research Singapore : - Daily IForex Report of 05 April ...

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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Epic research singapore daily iforex report of 05 april 2016

Iforex Market Insight

 INTERNATIONAL CURRENCY

BUZZ

 ECONOMIC CALENDAR

 GBP/USD HOURLY CHART

 EUR/USD HOURLY CHART

EPIC RESEARCH SINGAPORE


Epic research singapore daily iforex report of 05 april 2016

Iforex Market Insight

Date – 05 – Apr

INTERNATIONAL CURRENCY BUZZ

Forex-Aussie, kiwi decline vs. greenback in late trade

Forex -Dollar rises vs. rivals but remains near 5-1/2 month trough

Forex-Dollar struggles to recover after worst week in two months

EUR/USD

The euro is flat on Monday, as EUR/USD is trading at 1.1370 in the European session. On the re-

lease front, Eurozone Unemployment Rate remained at 10.3%, matching the forecast. Spanish

Unemployment Change was excellent, posting a sharp decline of 58.2 thousand. This was the in-

dicator’s strongest reading in seven months. Eurozone Sentix Investor Confidence improved

slightly to 5.7 points, but this was well short of the estimate of 6.9 points. In the US, it’s a quiet

start to the week, with no major releases on the schedule.The US dollar suffered its worst week

in two months, as EUR/USD surged some 230 points. The euro took full advantage of Janet

Yellen’s very dovish comments last week at a speech in New York. Yellen warned of risks to the US

economy from uncertainty in the global markets and the slowdown in China, and poured cold

water on speculation of an April rate hike.

GBP/USD

The pound edged lower against the U.S. dollar on Monday but the greenback remained under

pressure after Friday’s strong U.S. jobs report did little to alter the view that the Federal Reserve

will stick to a cautious approach on rate hikes.GBP/USD touched lows of 1.4201 and was last at

1.4198, off 0.18% for the day.The U.S. dollar index, which measures the greenback’s strength

against a trade-weighted basket of six major currencies, was up 0.18% at 94.75, holding above

last Thursday’s five-and-a-half month lows of 94.31.The index ended the previous week down

1.65% after Fed Chair Janet Yellen said global risks to the U.S. economy justified taking a cau-

tious approach to raising interest rates.The dollar found some support after Friday’s nonfarm

payrolls report showed that the U.S. economy added a larger-than-expected 215,000 jobs last

month.

Iforex Market Insight Report By Epic Research Singa-

www.epicresearch.sg


Epic research singapore daily iforex report of 05 april 2016

Iforex Market Insight

Date - 05– Apr

ECONOMIC CALENDAR

Time

Time

Cur.

Cur.

Event

Event

Forecast

Forecast

Previous

Previous

Tuesday, April 5, 2016

03:30

NZD

NZIER Business Confidence (Q1)

-

15%

04:30

USD

FOMC Member Kashkari Speaks

-

-

05:30

USD

FOMC Member Kaplan Speaks

-

-

07:00

AUD

Trade Balance (Feb)

-2.600B

-2.937B

10:00

AUD

Interest Rate Decision (Apr)

2.00%

2.00%

10:00

AUD

RBA Rate Statement

-

-

11:00

INR

Interest Rate Decision

6.50%

6.75%

13:30

EUR

Markit Composite PMI (Mar)

53.7

53.7

13:30

EUR

Services PMI (Mar)

54.0

54.0

14:00

GBP

Services PMI (Mar)

54.0

52.7

14:30

EUR

Retail Sales (MoM) (Feb)

0.1%

0.4%

18:00

USD

Trade Balance (Feb)

-46.20B

-45.70B

Tentative

NZD

GlobalDairyTrade Price Index

-

-2.9%

19:15

USD

Markit Composite PMI (Mar)

-

51.1

19:15

USD

Services PMI (Mar)

51.0

51.0

19:30

USD

ISM Non-Manufacturing Employment (Mar)

-

49.7

19:30

USD

ISM Non-Manufacturing PMI (Mar)

54.0

53.4

19:30

USD

JOLTs Job Openings (Feb)

5.570M

5.541M

Iforex Market Insight Report By Epic Research Singapore

www.epicresearch.sg


Epic research singapore daily iforex report of 05 april 2016

Iforex Market Insight

Date - 05- Apr

GBP/USD HOURLY CHART

BUY GBP USD ABOVE 1.4240 TARGET 1.4260 1.4290 SL 1.4210

SELL GBP USD BELOW 1.4200 TARGET 1.4180 1.4150 SL 1.4230

EUR/USD HOURLY CHART

BUY EUR USD ABOVE 1.1375 TARGET 1.1395 1.1425 SL 1.1345

SELL EUR USD BELOW 1.1355 TARGET 1.1335 1.1305 SL 1.1385

Iforex Market Insight Report By Epic Research Singa-

www.epicresearch.sg


Epic research singapore daily iforex report of 05 april 2016

EPIC RESEARCH SINGAPORE

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.


  • Login