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

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

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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– 11– JAN INTERNATIONAL CURRENCY BUZZ Forex -USD/CAD slips lower but remains near 12-1/2 year peak Forex -Dollar regains strength as China volatility eases Forex -Dollar regains ground vs. yen, euro on PBOC move EUR/USD The euro trimmed losses against the U.S. dollar on Friday, but remained under pres- sure as upbeat U.S. jobs data lent support to the greenback and as Chinese markets stabilized.EUR/USD eased off 1.0803, the session low, to hit 1.0872 during U.S. morning trade, still down 0.55%.The pair was likely to find support at 1.0769, Thurs- day’s low and resistance at 1.0992, the high of December 29.The dollar strengthened broadly after the U.S. Labor Department said the economy added 292.000 jobs in December, beating expectations for a rise of 200.000. The U.S. economy added 252.000 jobs in November, whose figure was revised from a previously estimated 211.000 gain. GBP/USD The pound was almost unchanged against the U.S. dollar on Friday, hovering close to a five-year low after the release of downbeat U.K. trade balance data.GBP/USD hit 1.4533 during European morning trade, the session low; the pair subsequently con- solidated at 1.4621.Cable was likely to find support at 1.4529, Thursday’s low and a five-year low and resistance at 1.4725, the high of January 5.The U.K. Office for Na- tional Statistics said the trade deficit narrowed to £10.64 billion in November from £11.20 billion in October, whose figure was revised from a previously estimated defi- cit of £11.83 billion. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  3. Iforex Market Insight Date– 11– JAN ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Monday, January 11, 2016 3:15am NZD Building Consents m/m - 5.1% All Day JPY Bank Holiday - - 6:00am AUD ANZ Job Advertisements m/m - 1.3% 11th-18th CNY M2 Money Supply y/y - 13.7% 11th-18th CNY New Loans - 709B 1:45pm CHF Retail Sales y/y - -0.8% 3:00pm EUR Sentix Investor Confidence - 15.7 6:45pm CAD Housing Starts - 212K 8:30pm USD Labor Market Conditions Index m/m - 0.5 9:00pm CAD BOC Business Outlook Survey - - Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

  4. Iforex Market Insight Date– 11– JAN GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4550 TARGET 1.4570 1.4600 SL 1.4520 SELL GBP/USD BELOW 1.4480 TARGET 1.4460 1.4430 SL 1.4520 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.0930 TARGET 1.0950 1.0980 SL 1.0890 SELL EUR/USD BELOW 1.0850 TARGET 1.0830 1.0800 SL 1.0890 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.

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