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Epic Research Singapore : - Daily IForex Report of 04 January 2015 PowerPoint Presentation
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Epic Research Singapore : - Daily IForex Report of 04 January 2015

Epic Research Singapore : - Daily IForex Report of 04 January 2015

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Epic Research Singapore : - Daily IForex Report of 04 January 2015

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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– 04–JAN INTERNATIONAL CURRENCY BUZZ Forex -Dollar little changed vs. euro, yen ahead of U.S. data Forex -Dollar edges up in holiday-thinned trade Forex -Dollar gains over 9 pct against basket of major rivals in 2015 EUR/USD The euro fell to a one-week low against the U.S. dollar on Thursday, as investors awaited the release of U.S. data later in the day and as trading volumes became in- creasingly thin ahead of the New Year holiday on Friday.Heading into the final trading session of the year, volumes were expected to remain light as many traders already closed books, reducing liquidity in the market which could result in exaggerated moves.EUR/USD hit 1.0888 during European afternoon trade, the pair’s lowest since December 23; the pair subsequently consolidated at 1.0890, sliding 0.39%.The pair was likely to find support at 1.0845, the low from December 21 and resistance at 1.0991, the high of December 29. GBP/USD The pound held steady against the U.S. dollar on Thursday, hovering close to an eight-month trough as trading volumes became increasingly thin ahead of the New Year holiday.Heading into the final trading session of the year, volumes are expected to remain light as many traders already closed books, reducing liquidity in the mar- ket which could result in exaggerated moves.U.K. markets were set to close early at 12:30 PM London time for New Year’s Eve.GBP/USD hit 1.4845 during European morning trade, the session high; the pair subsequently consolidated at 1.4825.Cable was likely to find support at 1.4786, the low of December 29 and resistance at 1.4914, the high of December 29. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  3. Iforex Market Insight Date– 04–JAN ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Monday, January 4, 2016 All Day Holiday New Zealand - New Year (Observed) 04:00 AUD AIG Manufacturing Index (Dec) - 52.5 14:00 CHF SVME PMI (Dec) - 49.7 14:30 EUR Manufacturing PMI (Dec) 53.1 53.1 15:00 GBP Manufacturing PMI (Dec) 52.7 52.7 20:15 USD Manufacturing PMI (Dec) - 51.3 20:30 USD ISM Manufacturing Employment (Dec) 49.6 51.3 20:30 USD ISM Manufacturing PMI (Dec) 49.0 48.6 Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

  4. Iforex Market Insight Date– 04–JAN GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4750 TARGET 1.4790 1.4850 SL 1.4690 SELL GBP/USD BELOW 1.4660 TARGET 1.4620 1.4560 SL 1.4720 EUR/USD HOURLY CHART BUY GBP/USD ABOVE 1.4750 TARGET 1.4790 1.4850 SL 1.4690 SELL GBP/USD BELOW 1.4660 TARGET 1.4620 1.4560 SL 1.4720 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  5. 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.