Daily i forex report by epicresearch 04th march 2014

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Information about Daily i forex report by epicresearch 04th march 2014
Finance

Published on March 4, 2014

Author: epicresearchsg

Source: slideshare.net

Description

Epic Research provides ultimate FOREX signals for their clients to produce amazingly accurate results. Our research team prepare such I-FOREX Signals live charts and track-sheets of the past performance consulting which traders can generate maximum profit from the market place.This report helps you to achieve desired success in the SGX Stock Exchange.

04-MAR-2014 YOUR MINTVISORY EPIC RESEARCH REPORT DAILY INTERNATIONAL FOREX Call us at +91-731-6642300

INTERNATIONAL CURRENCY BUZZ ➔ ➔ ➔ ● ➔ Forex - NZD/USD edges lower in risk-off trade Forex - AUD/USD almost unchanged after Australian data Forex - Dollar lower vs. yen as Ukraine tensions escalate NZD/USD The NZD/USD hit 0.8344 during late Asian trade, the pair's lowest since February 27; the pair subsequently consolidated at 0.8368, slipping 0.19%.The pair was likely to find support at 0.8293, the low of February 27 and resistance at 0.8426, the high of February 28.Official data on Saturday showed that China’s manufacturing purchasing managers’ index fell to an eight-month low in February, adding to fears over a slowdown in the world’s second largest economy. GBP/USD GBP/USD hit session lows of 1.6702, and was last down 0.13% to 1.6723.Cable was likely to find support at 1.6675, Friday’s low, and near-term resistance at 1.6767, Friday’s high.Escalating tensions over the unfolding crisis in the Ukraine sparked a broad-based selloff in risk assets, following Russian President Vladimir Putin’s decision to send troops into the Crimea region over the weekend.Ukraine's interim government has called for more international support to force Russian troops to leave.The move sparked fears that the West will impose economic sanctions against Russia. Russia’s central bank hiked interest rates from 5.5% to 7% on Monday, after the rouble fell to new record lows against the euro and dollar. Earlier Monday, data showed that the strong upswing in the U.K. manufacturing sector continued in February, with jobs growth in the sector accelerating to a 33-month high. YOUR MINTVISORY Call us at +91-731-6642300

DAILY ECONOMIC DATA YOUR MINTVISORY Call us at +91-731-6642300

EPIC'S ANALYST SPEAKS GBP/USD Hourly Chart INTRADAY OUTLOOK Support: 1.6690 Resistance: 1.6770 RECOMMENDATION: 1. Buy GBP/USD Above 1.6750- TG: 1.6770/ 1.6810 SL 1.6710 2. Sell GBP/USD Below 1.6680- TG: 1.6660/ 1.6620 SL 1.6720 YOUR MINTVISORY Call us at +91-731-6642300

EPIC'S ANALYST SPEAKS EUR/USD Hourly Chart INTRADAY OUTLOOK Immediate Support: 1.3750 Immediate Resistance: 1.3795 RECOMMENDATION: 1. Buy EUR/USD Above 1.3795- TG: 1.3815/1.3855 SL 1.3750 2. Sell EUR/USD Below 1.3750- TG: 1.3730/1.3690 SL 1.3795 YOUR MINTVISORY Call us at +91-731-6642300

DISCLAIMER 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 independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial 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 of NSE and BSE. 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 recommendation 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. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. YOUR MINTVISORY Call us at +91-731-6642300

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