1 / 5

Epic Research Singapore : - Daily IForex Report of 24 December 2015

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.

epicresearchsg
Télécharger la présentation

Epic Research Singapore : - Daily IForex Report of 24 December 2015

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– 24–DEC INTERNATIONAL CURRENCY BUZZ Forex -Dollar edges higher ahead of U.S. durable goods report Forex -Dollar inches higher after mixed U.S. data Forex -Rupiah, won and Taiwan dollar rise; ringgit eases EUR/USD The pair currently trades around the hourly 200-MA at 1.0921 levels. The positive action in the stock markets has once again led to the weakness in the EUR. The common currency advanced for the last three consecutive days on the back of the minor jitters seen in the European and US financial markets.Later in the day, a batch of US data – durable goods or- ders, personal spending and personal income could influence the pair. A break below 1.0890 (38.2% of 1.1495-1.0517), would expose the support at 1.0803 (Dec 17 low). On the other hand, a break above 1.0940 (61.8% of Mar-Aug rally) would open doors for a re- test of 1.1006 (50% of 1.1495-1.0517). GBP/USD The pound edged higher against the U.S. dollar and the euro on Wednesday, even after data showed that the U.K. economy grew less than initially expected in the third quarter. GBP/USD inched up 0.27% to 1.4861 during European morning trade. Sterling was also higher against the euro, with EUR/GBP shedding 0.52% to 0.7350.The U.K.’s Office for Na- tional Statistics said gross domestic product expanded 0.4% in the three months ended September 30, missing forecasts for 0.5%. Preliminary estimates initially pegged U.K. growth at 0.5%.The U.K.’s economy grew by 0.7% in the preceding quarter.Meanwhile, in- vestors looked ahead to key U.S. economic data later in the session for further indications on the strength of the economy. The U.S. is release a string of reports, including data on durable goods orders, new home sales and consumer sentiment. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

  3. Iforex Market Insight Date– 24–DEC ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Thursday, December 24, 2015 All Day Holiday Switzerland - Christmas Eve All Day Holiday Malaysia - Prophet Mohammad's Birthday Holiday United States - Christmas Eve - Early close at 13:30 05:20 JPY Monetary Policy Meeting Minutes - - 09:30 JPY BoJ Governor Kuroda Speaks - - 15:00 GBP BBA Mortgage Approvals 46.2K 45.4K 19:00 USD Initial Jobless Claims 270K 271K 23:30 USD Baker Hughes U.S. Rig Count - 541 Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

  4. Iforex Market Insight Date– 24–DEC GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4920 TARGET 1.4940 1.4970 SL 1.4880 SELL GBP/USD BELOW 1.4870 TARGET 1.4850 1.4820 SL 1.4900 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.0950 TARGET 1.0970 1.1000 SL 1.0920 SELL EUR/USD BELOW 1.0920 TARGET 1.0900 1.0870 SL 1.0950 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