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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 – 18– May INTERNATIONAL CURRENCY BUZZ Forex-Sterling pares back gains as U.K. inflation slows Forex -Dollar holds steady, string of U.S. data on tap Forex- Aussie and kiwi move higher on RBA minutes, oil rally EUR/USD EUR/USD was virtually flat on Tuesday, as investors digested hawkish signals from the Federal Re- serve on the increased likelihood of multiple interest rate hikes from the U.S. central bank this year despite the release of subdued core inflation figures earlier in the session.The currency pair traded in a tight range between 1.1302 and 1.1347, before settling at 1.1314, down 0.0001 or 0.01% on the session. The euro has closed lower against the dollar in three of the last four ses- sions and nine of the last 11. Though the euro is only up modestly against the dollar over the last month, it still remains up by more than 4% against its American counterpart since the start of 2016. Incredibly, EUR/USD is only down 0.0003 from its level 52 weeks ago.EUR/USD likely gained support at 1.0538, the low from December 3 and was met with resistance at 1.1713, the high from Aug. 24. GBP/USD The pound pared back gains against the dollar on Tuesday after data showing that the rate of in- flation in the U.K. slowed in April for the first time since September 2015.GBP/USD was last at 1.4458, down from around 1.4494 ahead of the report.The Office for National Statistics reported that the consumer price index rose by an annualized 0.3% in in April, slowing from 0.5% in March.Economists had expected the rate of inflation to remain stable at 0.5%.Consumer prices rose just 0.1% from a month earlier in April, slowing sharply from 0.4% in March and below fore- casts for a gain of 0.3%.Falling air fares and price drops for clothing, vehicles and rent charged for social housing were the main contributors to the slowdown in inflation, the ONS said.Air fares fell by 14.2% in April, having jumped in March to take advantage of holidaymakers travel- ling for Easter. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
Iforex Market Insight Date - 18– May ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Wednesday, May 18, 2016 02:05 USD API Weekly Crude Oil Stock 3.450M 02:05 USD API Weekly Cushing Crude Oil Stock 1.460M 04:15 NZD PPI Input (QoQ) (Q1) 0.3% -1.2% 05:20 JPY GDP (QoQ) (Q1) 0.1% -0.3% 05:20 JPY GDP (YoY) (Q1) 0.2% -1.1% 05:30 NZD RBNZ Gov Wheeler Speaks 06:30 AUD RBA Assist Gov Debelle Speaks 07:00 AUD Wage Price Index (QoQ) (Q1) 0.5% 0.5% 09:30 MYR CPI (YoY) (Apr) 2.0% 2.6% 14:00 GBP Average Earnings Index +Bonus (Mar) 1.7% 1.8% 14:00 GBP Claimant Count Change (Apr) 4.3K 6.7K 14:00 GBP Unemployment Rate (Mar) 5.1% 5.1% 14:30 EUR Core CPI (YoY) (Apr) 0.7% 0.8% 14:30 EUR CPI (MoM) (Apr) 1.2% 14:30 EUR CPI (YoY) (Apr) -0.2% -0.2% 20:00 USD Crude Oil Inventories -3.167M -3.410M 20:00 USD Cushing Crude Oil Inventories 1.520M 23:30 USD FOMC Meeting Minutes Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg
Iforex Market Insight Date - 18– May GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4530 TGT 1.4550 1.4580 SL 1.4500 SELL GBP/USD AROUND 1.4510 TGT 1.4490 1.4460 SL 1.4540 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.1320 TGT 1.1340 1.1370 SL 1.1290 SELL EUR/USD BELOW 1.1270 TGT 1.1250 1.1220 SL 1.1300 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
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