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

Epic Research Singapore : - Daily IForex Report of 11 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 11 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 11 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 11 april 2016

Iforex Market Insight

Date – 11– Apr

INTERNATIONAL CURRENCY BUZZ

Forex-GBP/USD trims gains after weak U.K. data

Forex -Dollar regains some ground but remains vulnerable

Forex- Yen weaker as Yellen repeats on track for gradual rate hikes

EUR/USD

EUR/USD fell mildly on Thursday, as the minutes from the European Central Bank's March

meeting depicted a broadly unified Governing Council on the prospects of implementing

comprehensive easing measures as a means for boosting economic growth throughout the

euro area.The currency pair traded in a tight range between 1.1338 and 1.1454, before

closing at 1.1377, down 0.0022 or 0.19%. The euro closed above 1.13 versus the dollar for

the seventh consecutive session. Over the last month of trading, the euro has surged more

than 3.3% against its American counterpart amid strong indications that the Federal Re-

serve and the ECB will avoid even sharper divergences at least for the time being.EUR/USD

likely gained support at 1.0538, the low from December 3 and was met with resistance at

1.1496, the high from Oct. 15.

GBP/USD

The pound trimmed gains against the U.S. dollar on Friday, after the release of downbeat

U.K. economic reports, although sentiment on the greenback remained vulnerable due to

the Federal Reserve’s cautious stance on rate hikes.GBP/USD pulled back from 1.4140, the

session high, to hit 1.4098 during European morning trade, still up 0.32%.Cable was likely

to find support at 1.4004, the low of April 6 and a one-month low and resistance at

1.4280, the high of April 5.The U.K. Office for National Statistics reported on Friday that

manufacturing production declined by 1.1% in February, compared to expectations for a

0.2% fall. Manufacturing production rose by 0.5% in January, whose figure was revised

from a previously estimated 0.7% gain.Year-on-year, manufacturing production dropped

1.8% in February, confounding expectations for a 0.7% fall.

Iforex Market Insight Report By Epic Research Singa-

www.epicresearch.sg


Epic research singapore daily iforex report of 11 april 2016

Iforex Market Insight

Date - 11– Apr

ECONOMIC CALENDAR

Time

Time

Cur.

Cur.

Event

Event

Forecast

Forecast

Previous

Previous

Monday, April 11, 2016

04:15

NZD

Electronic Card Retail Sales (YoY) (Mar)

9.3%

04:15

NZD

Electronic Card Retail Sales (MoM) (Mar)

0.7%

05:20

JPY

Core Machinery Orders (YoY) (Feb)

-2.7%

8.4%

05:20

JPY

Core Machinery Orders (MoM) (Feb)

-12.4%

15.0%

07:00

AUD

Home Loans (MoM) (Feb)

2.0%

-3.9%

07:00

AUD

Invest Housing Finance (MoM) (Feb)

-1.6%

09:30

MYR

Industrial Production (YoY) (Feb)

4.0%

3.2%

Iforex Market Insight Report By Epic Research Singapore

www.epicresearch.sg


Epic research singapore daily iforex report of 11 april 2016

Iforex Market Insight

Date - 11- Apr

GBP/USD HOURLY CHART

BUY GBP USD ABOVE 1.4135 TARGET 1.4165 1.4195 SL 1.4105

SELL GBP USD BELOW 1.4100 TARGET 1.4080 1.4050 SL 1.4130

EUR/USD HOURLY CHART

BUY EUR USD ABOVE 1.1405 TARGET 1.1435 1.1465 SL 1.1375

SELL EUR USD BELOW 1.1390 TARGET 1.1370 1.1340 SL 1.1425

Iforex Market Insight Report By Epic Research Singa-

www.epicresearch.sg


Epic research singapore daily iforex report of 11 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