1 / 5

Epic Research Singapore : - Daily IForex Report of 03 February 2016

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.

Télécharger la présentation

Epic Research Singapore : - Daily IForex Report of 03 February 2016

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. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  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– 03– Feb INTERNATIONAL CURRENCY BUZZ Forex -AUD/USD drops after RBA holds rates Forex -NZD/USD moves lower amid growth concerns Forex - Yen moves higher as weak oil hits market sentiment EUR/USD The EURUSD pair achieved new breach to 1.0890 and attempts to build support base above it, which reactivates the correctional bullish scenario on the intraday and short term basis, open- ing the way to achieve gains that its targets begin at 1.1005 and extend to 1.1120, which represents 61.8% Fibonacci of the last bearish wave that appears on image, which hints the importance of monitoring the price behavior when reaching this level, due to its importance to detect the next destination on the longer term basis.The EMA50 supports the expectations to rise in the upcoming sessions, while stochastic negativity might cause some sideways fluc- tuation before resuming the waited bullish bias, which will remain valid and active unless breaking 1.0890 level and holding below it. GBP/USD .The pound fell to session lows against the dollar on Tuesday after data showing that activity in the U.K. construction sector slowed to a nine-month low in January, indicating a subdued start to the year in 2016.GBP/USD hit lows of 1.4328 and was last at 1.4358, off 0.51% for the day.The Markit U.K. construction purchasing managers' index fell 55.0 last month from De- cember’s 57.8. Economists’ had expected a more modest decline to 57.5.Softer new business growth acted as a brake on output growth and staff hiring at the start of 2016, with job crea- tion easing to its slowest for almost two-and-a-half years.Construction firms reported the lowest business confidence since December 2014.The data came one day after a similar sur- vey showing that U.K. factory activity grew at the fastest rate in three months in January, but new export orders fell as the strong pound weighed and firms cut staffing levels. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  3. Iforex Market Insight Date– 03– Feb ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Wednesday, February 3, 2016 03:05 USD API Weekly Crude Oil Stock - 11.400M 03:05 USD API Weekly Cushing Crude Oil Stock - -0.664M 03:15 NZD Employment Change (QoQ) (Q4) 0.8% -0.4% 03:15 NZD Unemployment Rate (Q4) 6.1% 6.0% 05:15 NZD RBNZ Gov Wheeler Speaks - 06:00 AUD Building Approvals (MoM) (Dec) 5.0% -12.7% 06:00 AUD Trade Balance (Dec) -2.500B -2.906B 10:00 JPY BoJ Governor Kuroda Speaks - 14:30 EUR Markit Composite PMI (Jan) 53.5 53.5 14:30 EUR Services PMI (Jan) 53.6 53.6 15:00 GBP Services PMI (Jan) 55.3 55.5 15:30 EUR Retail Sales (MoM) (Dec) 0.3% -0.3% 18:45 USD ADP Nonfarm Employment Change (Jan) 195K 257K 20:15 USD Markit Composite PMI (Jan) - 53.7 20:15 USD Services PMI (Jan) 53.7 53.7 20:30 USD ISM Non-Manufacturing Employment (Jan) 56.3 20:30 USD ISM Non-Manufacturing PMI (Jan) 55.1 55.8 21:00 USD Crude Oil Inventories 4.733M 8.383M 21:00 USD Cushing Crude Oil Inventories -0.771M Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

  4. Iforex Market Insight Date– 03– Feb GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4370 TARGET 1.4390 1.4420 SL 1.4340 SELL GBP/USD BELOW 1.4300 TARGET 1.4280 1.4250 SL 1.4330 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.0950 TARGET 1.0970 1.1000 SL 1.0920 SELL EUR/USD BELOW 1.0900 TARGET 1.0880 1.0850 SL 1.0930 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.

More Related