Daily i forex report by epicresearch 07th march 2014

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Information about Daily i forex report by epicresearch 07th march 2014
Finance

Published on March 7, 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.

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

INTERNATIONAL CURRENCY BUZZ ➔ ➔ ➔ ● ➔ Forex - GBP/USD holds steady after U.S. data Forex - Euro rises to 2014 high vs. dollar after Draghi comments Forex - USD/CAD falls to two-week lows in early U.S. trade EUR/USD EUR/USD hit 1.3855, the highest level since December 27 and was last up 0.77% to 1.3838.The pair was likely to find support at 1.3720, the session low and resistance at 1.3890.The euro was boosted after Mario Draghi confirmed that the bank left its benchmark interest rate unchanged at 0.5%, with the latest economic data indicating that “the moderate economic recovery in the euro zone is proceeding.”The ECB president said he was encouraged by data on Wednesday showing that business activity in the euro zone rose to a 32-month high last month, and noted an improvement in the services sector, which accounts for the majority of job growth. USD/CAD USD/CAD hit 1.0990, the weakest since February 19 and was last down 0.29% to 1.0998.The pair was likely to find support at 1.0956 and resistance at 1.1045, the session high.Canada’s dollar remained supported after the BoC left rates on hold on Wednesday and reiterated that the next move in rates would be data dependent.The bank said economic growth in the fourth quarter of 2013 was slightly stronger tha anticipated, adding that it still expects growth of 2.5% in 2014.Statisti Canada reported Thursday that the number of new building permits issued in January rose 8.5%, well ahead of forecasts for a 1% gain. December’s figure was revised to a drop of 4.8% from a previously reported decline of 4.1%. 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: 1.6610 Resistance: 1.6770 RECOMMENDATION: 1. Buy GBP/USD Above 1.6740- TG: 1.6760/ 1.6800 SL 1.6700 2. Sell GBP/USD Below 1.6690- TG: 1.6670/ 1.6630 SL 1.6730 YOUR MINTVISORY Call us at +91-731-6642300

EPIC'S ANALYST SPEAKS EUR/USD Hourly Chart INTRADAY OUTLOOK Immediate Support: 1.3790 Immediate Resistance: 1.3860 RECOMMENDATION: 1. Buy EUR/USD Above 1.3860- TG: 1.3880/1.3920 SL 1.3820 2. Sell EUR/USD Below 1.3790- TG: 1.3750/1.3710 SL 1.3830 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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