The daily forex report provides analysis of currency movements and economic indicators from around the world. It notes that the Australian dollar fell due to lower than expected Chinese growth, while the Japanese yen surged and then tumbled as the Bank of Japan continues quantitative easing measures. Technical analysis is given for the EURUSD, USDJPY, and GBPUSD which are predicted to fall further. The report concludes with a calendar of upcoming economic data releases.

1. DAILY I FOREX REPORT
29TH
APRIL 2013
WWW.EPICRESEARCH.CO +91 9752199966

2. WWW.EPICRESEARCH.CO +91 9752199966
 Australian Dollar Falls As
China Growth Less Than
Expected
 Japan Industrial Production
Rises for the Third Month
 EURUSD Possibly
Repeating 2010-2011
Trading Pattern
Forex Trading Weekly Forecast 04.15.2013
US Dollar in Short-term Panic Amid Weak Data, Falling Yields
The US Dollar was the second worst performing major this past week, gaining
only against the significantly weaker Japanese Yen by +0.81%.
Japanese Tumbles then Surges - Pivotal Week Ahead
The Japanese Yen came within a hair’s width of the critical ¥100 mark against
the US Dollar (ticker: USDOLLAR), once again posting the worst 7-day
performance of any major currency two weeks after the Bank of Japan embarked
on hyperactive Quantitative Easing measures.
Gold Plummets Through Key Support as Fed Mulls QE End- $1482 in Focus
Gold plummeted this week with the precious metal falling nearly 5% to trade at
$1502 at the close of trade in New York on Friday. The loss pushed bullion below
key technical barriers with Friday's range marking the largest decline in more
than a year. However, with data out of the world's largest economy coming under
increased scrutiny, could weak US data help support the battered metal? Don't
count on it.
Australian Dollar Looks to Earnings Docket to Set Direction
The Australian Dollar looks to the corporate earnings docket to break the
deadlock between competing fundamental trends and offer a clear directional
bearing.
New Zealand Dollar Poised to Gain as China GDP Likely to Impress
The New Zealand Dollar continued its gains for the fifth
consecutive week, rallying by 1.7 percent against the
Greenback.
TRADING TIPS
 SELL EURUSD BELOW
1.3050 tgs
1.3030/1.3010sl
1.3080
 SELL USDJPY BELOW
97.50 tgt 97.30/97.10
SL 97.80
 SELL GBPUSD BELOW
1.5300 Tgt
1.5280/1.5260 SL
1.5330
HEADLINES

3.  HOURLY EURUSD CHART

ANALYSIS
OPEN: 1.3097
HIGH: 1.3108
LOW: 1.3052
CLOSE: 1.3077
 EURUSD LOOKS DOWNWARD
 TREND : BEARISH
 STRATEGY: SELL ON RISE
 MACD =>-.0005(BEARISH SIGNAL)
 RSI => 45(BEARISH SIGNAL)
HOURLY EURUSD CHART

4.  HOURLY USDJPY CHART
ANALYSIS
OPEN: 98.44
HIGH: 98.71
LOW: 97.55
CLOSE: 97.75
 USDJPY LOOKS DOWNWARD
 TREND: BEARISH
 STRATEGY: SELL ON RISE
 MACD => -0.07( BEARISH SIGNAL)
 RSI =>51(BEARISH SIGNAL)
HOURLY USDJPY CHART

5.  HOURLY GBPUSD CHART
ANALYSIS
OPEN: 1.5353
HIGH: 1.5385
LOW: 1.5304
CLOSE: 1.5330
 GBPUSD LOOKS DOWNWARD
 TREND: BEARISH
 STRATEGY: SELL ON RISE
 MACD => .002( BEARISH SIGNAL)
 RSI => 43(BEARISH SIGNAL)
HOURLY GBPUSD CHART

6. HOURLY EURGBP CHART
ANALYSIS
OPEN: 0.8530
HIGH: 0.8541
LOW: 0.8515
CLOSE: 0.8530
 EURGBP LOOKS UPWARDS
 TREND: BULLISH
 STRATEGY: BUY ON DIPS
 MACD =>-.003(BEARISH SIGNAL)
 RSI =>52(BEARISH SIGNAL)
HOURLY EURGBP CHART

7. www.epicresearch.co + 91 9752199966
HOURLY USDINDEX CHART

8. Date Time Currency Event Importance Actual Forecast Previous Notes
Sun
Apr 14
22:30
NZD Performance
Services Index (MAR)
Medium 55.4 55.5
23:01
GBP Rightmove House
Prices (MoM) (APR)
Low 2.1% 1.7%
23:01
GBP Rightmove House
Prices (YoY) (APR)
Medium 0.4% 1.2%
Mon
Apr 15
01:30
AUD Home Loans
(FEB)
Medium 2.0% 1.5% -0.3%
01:30
AUD Investment
Lending (FEB)
Low 1.8% 4.4%
ECONOMIC CALENDER
ANALYSIS
OPEN: 82.7400
HIGH: 82.7430
LOW: 82.4710
CLOSE: 82.5620
 USDINDEX LOOKS DOWNWARD
 TREND: BEARISH
 STRATEGY: SELL ON RISE
 MACD =>0.22(BEARISH SIGNAL)
 RSI =>39(BEARISH SIGNAL)

9. 01:30
AUD Value of Loans
(MoM) (FEB)
Low 1.2% 1.2%
02:00
CNY Entrepreneur
Confidence Index (1Q)
Low 122.4 120.4
02:00
CNY Industrial
Production YTD (YoY)
(MAR)
Medium 9.5% 10.0% 9.9%
02:00
CNY Business Climate
Index (1Q)
Low 125.6 124.4
02:00
CNY Industrial
Production (YoY)
(MAR)
Medium 8.9% 10.1%
02:00
CNY Fixed Assets Inv
Excl. Rural YTD YoY
(MAR)
Medium 20.9% 21.3% 21.2%
02:00
CNY Retail Sales YTD
(YoY) (MAR)
Medium 12.4% 12.5% 12.3%
02:00
CNY Retail Sales (YoY)
(MAR)
Medium 12.6% 12.6%
02:00
CNY Real GDP YTD
(YoY) (1Q)
High 7.7% 8.0% 7.8%
02:00
CNY Real GDP (QoQ)
(1Q)
High 1.6% 2.0% 2.0%
02:00
CNY Real GDP (YoY)
(1Q)
High 7.7% 8.0% 7.9%
04:30
JPY Industrial
Production (MoM) (FEB
F)
Low 0.6% -0.1%
04:30
JPY Industrial
Production (YoY) (FEB
F)
Medium -10.5% -11.0%
04:30
JPY Capacity
Utilization (MoM) (FEB
F)
Low 0.7% 1.7%
06:00
JPY Machine Tool
Orders (YoY) (MAR F)
Medium -15.7% -21.6%
06:15
JPY BOJ Governor
Kuroda Speech
Medium
09:00
EUR Euro-Zone Trade
Balance s.a. (euros)
(FEB)
Low 12.0B 10.0B 8.7B
09:00
EUR Euro-Zone Trade
Balance (euros) (FEB)
Low 10.4B 5.0B -4.7B
12:30
USD Empire
Manufacturing (APR)
Low 7 9.24
13:00
USD Total Net TIC
Flows (FEB)
Low $110.9B
13:00
USD Net Long-term
TIC Flows (FEB)
Medium $40.0B $25.7B
13:00
CAD Existing Home
Sales (MoM) (MAR)
Medium -2.1%
14:00
USD NAHB Housing
Market Index (APR)
Low 45 44

10. Tue
Apr 16
01:30
AUD New Motor
Vehicle Sales (MoM)
(MAR)
Low 0.0%
01:30
AUD New Motor
Vehicle Sales (YoY)
(MAR)
Low 9.4%
01:30
AUD RBA Policy
Meeting Minutes (APR)
High
04:00
JPY Tokyo
Condominium Sales
(YoY) (MAR)
Low -10.9%
07:15
CHF Producer & Import
Prices (MoM) (MAR)
Low 0.0% 0.1%
07:15
CHF Producer & Import
Prices (YoY) (MAR)
Medium -0.2% 0.1%
08:30
GBP Producer Price
Index Input n.s.a.
(MoM) (MAR)
Low -0.2% 3.2%
08:30
GBP Producer Price
Index Input n.s.a. (YoY)
(MAR)
Low 0.7% 2.5%
08:30
GBP Producer Price
Index Output n.s.a.
(MoM) (MAR)
Low 0.3% 0.8%
08:30
GBP Producer Price
Index Output n.s.a.
(YoY) (MAR)
Medium 2.0% 2.3%
08:30
GBP Producer Price
Index Output Core
n.s.a. (MoM) (MAR)
Low 0.2% 0.3%
08:30
GBP Producer Price
Index Output Core
n.s.a. (YoY) (MAR)
Medium 1.4% 1.3%
08:30
GBP DCLG UK House
Prices (YoY) (FEB)
Low 2.4% 2.2%
08:30
GBP Consumer Price
Index (MoM) (MAR)
Medium 0.3% 0.7%
08:30
GBP Consumer Price
Index (YoY) (MAR)
High 2.8% 2.8%
08:30
GBP Core Consumer
Price Index (YoY)
(MAR)
High 2.3% 2.3%
08:30
GBP Retail Price Index
(MAR)
Low 248.7 247.6
08:30
GBP Retail Price Index
(MoM) (MAR)
Low 0.4% 0.7%
08:30
GBP Retail Price Index
(YoY) (MAR)
Medium 3.3% 3.2%
08:30
GBP Retail Price Index
Ex Mort Int.Payments
(YoY) (MAR)
Low 3.2% 3.2%
09:00
EUR Euro-Zone
Consumer Price Index
(MoM) (MAR)
Medium 1.2% 0.4%
09:00
EUR Euro-Zone
Consumer Price Index
(YoY) (MAR)
High 1.7% 1.7%

11. 09:00
EUR Euro-Zone
Consumer Price Index -
Core (YoY) (MAR)
High 1.4% 1.3%
09:00
EUR Euro-Zone ZEW
Survey (Economic
Sentiment) (APR)
Medium 33.4
09:00
EUR German ZEW
Survey (Current
Situation) (APR)
Medium 14 13.6
09:00
EUR German ZEW
Survey (Economic
Sentiment) (APR)
High 41 48.5
12:30
CAD International
Securities Transactions
(Canadian dollar) (FEB)
Low 13.34B
12:30
CAD Manufacturing
Shipments (MoM)
(FEB)
Low 0.7% -0.2%
12:30
USD Consumer Price
Index (MoM) (MAR)
Medium 0.0% 0.7%
12:30
USD Consumer Price
Index (YoY) (MAR)
High 1.6% 2.0%
12:30
USD Consumer Price
Index Ex Food &
Energy (MoM) (MAR)
Medium 0.2% 0.2%
12:30
USD Consumer Price
Index Ex Food &
Energy (YoY) (MAR)
High 2.0% 2.0%
12:30
USD Housing Starts
(MAR)
Low 930K 917K
12:30
USD Housing Starts
(MoM) (MAR)
Medium 1.4% 0.8%
12:30
USD Building Permits
(MAR)
Low 943K 939K
12:30
USD Building Permits
(MoM) (MAR)
Medium 0.4% 3.9%
12:30
USD Consumer Price
Index Core Index s.a.
(MAR)
Low 232.512
12:30
USD Consumer Price
Index n.s.a. (MAR)
Low 232.966 232.166
13:15
USD Industrial
Production (MAR)
Medium 0.2% 0.8%
13:15
USD Capacity
Utilization (MAR)
Low 78.4% 78.3%
13:15
USD Manufacturing
(SIC) Production (MAR)
Medium 0.1% 0.8%
16:00
USD Fed's Duke
Speaks to Bankers in
Washington
Low
19:30
USD Fed's
Kocherlakota Speaks in
Minneapolis
Low
22:45
NZD Consumer Prices
Index (QoQ) (1Q)
Medium 0.5% -0.2%

12. 22:45
NZD Consumer Prices
Index (YoY) (1Q)
High 0.9% 0.9%
Wed
Apr 17
00:30
AUD Westpac Leading
Index (MoM) (FEB)
Low 0.3%
05:00
JPY Consumer
Confidence (MAR)
Medium 44.3
06:00
EUR EU 25 New Car
Registrations (MAR)
Low -10.5%
08:30
GBP Bank of England
Minutes
High
08:30
GBP Claimant Count
Rate (MAR)
Medium 4.7% 4.7%
08:30
GBP Jobless Claims
Change (MAR)
Medium 0.0K -1.5K
08:30
GBP Average Weekly
Earnings 3M/YoY
(FEB)
Medium 1.4% 1.2%
08:30
GBP Weekly Earnings
exBonus 3M/YoY
(FEB)
Low 1.1% 1.2%
08:30
GBP ILO
Unemployment Rate
(3M) (FEB)
Medium 7.8% 7.8%
08:30
GBP Employment
Change (3M/3M) (FEB)
Medium 80K 131K
09:00
CHF ZEW Survey
(Expectations) (APR)
Medium 2.3
09:00
EUR Euro-Zone
Construction Output
s.a. (MoM) (FEB)
Low -1.4%
09:00
EUR Euro-Zone
Construction Output
w.d.a. (YoY) (FEB)
Low -7.3%
11:00
USD MBA Mortgage
Applications (APR 12)
Low
13:00
CAD Teranet/National
Bank HPI (MoM) (MAR)
Low -0.2%
13:00
CAD Teranet/National
Bank HPI (YoY) (MAR)
Low 2.7%
13:00
CAD Teranet/National
Bank HP Index (MAR)
Low 152.72
13:30
USD Fed's Bullard
Speaks in New York
Low
14:00
CAD Bank of Canada
Rate Decision (APR
17)
High 1.00% 1.00%
14:30
USD DOE U.S. Crude
Oil Inventories (APR
12)
Low 250K
14:30
USD DOE Cushing OK
Crude Inventory (APR
12)
Low 889K

13. 14:30
USD DOE U.S.
Gasoline Inventories
(APR 12)
Low 1699K
14:30
USD DOE U.S.
Distillate Inventory
(APR 12)
Low -169K
16:00
USD Fed's Rosengren
Speaks in New York
Low
18:00
USD U.S. Federal
Reserve Releases
Beige Book
High
22:00
NZD ANZ NZ Job Ads
(MoM) (MAR)
Low 1.0%
23:50
JPY Merchandise
Trade Balance Total
(Yen) (MAR)
Medium -¥522.2B -¥777.5B
23:50
JPY Adjusted
Merchandise Trade
Balance (Yen) (MAR)
Low -¥934.5B -¥1086.6B
23:50
JPY Merchandise
Trade Exports (YoY)
(MAR)
Low 0.2 -2.9
23:50
JPY Merchandise
Trade Imports (YoY)
(MAR)
Low 6.3 11.9
23:50
JPY Japan Buying
Foreign Bonds (Yen)
(APR 12)
Low -¥1144.9B
23:50
JPY Japan Buying
Foreign Stocks (Yen)
(APR 12)
Low ¥6.3B
23:50
JPY Foreign Buying
Japan Bonds (Yen)
(APR 12)
Low ¥463.6B
23:50
JPY Foreign Buying
Japan Stocks (Yen)
(APR 12)
Low ¥868.6B
Thu
Apr 18
JPY BOJ Policy
Member Miyao Speaks
with Business Leaders
Low
JPY Nationwide
Department Store
Sales (YoY) (MAR)
Low 0.3%
CNY Actual FDI (YoY)
(MAR)
Medium 1.9% 6.3%
JPY Tokyo Department
Store Sales (YoY)
(MAR)
Low 2.5%
01:00
NZD ANZ Consumer
Confidence Index
(APR)
Low 114.8
01:00
NZD ANZ Consumer
Confidence (MoM)
(APR)
Low -5.1%
01:30
AUD NAB Business
Confidence (1Q)
Medium -5
01:30
CNY China Property
Prices (MAR)
Medium

14. 01:30
AUD RBA FX
Transactions Other
(MAR)
Low
01:30
AUD RBA Foreign
Exchange Transaction
(Australian dollar)
(MAR)
Low 328M
03:30
AUD RBA FX
Transactions Govt.
(MAR)
Low
08:30
GBP Retail Sales
(MoM) (MAR)
Low -0.5% 1.9%
08:30
GBP Retail Sales (YoY)
(MAR)
Medium 0.9% 3.3%
08:30
GBP Retail Sales
w/Auto Fuel (MoM)
(MAR)
Low -0.5% 2.1%
08:30
GBP Retail Sales
w/Auto Fuel (YoY)
(MAR)
Medium -0.4% 2.6%
12:30
USD Initial Jobless
Claims (APR 13)
Medium 346K
12:30
USD Continuing Claims
(APR 6)
Low 3079K
13:00
USD Fed's
Kocherlakota Speaks in
New York
Low
13:30
USD Fed's Lacker
Speaks on Credit in
Charlotte, North
Carolina
Low
14:00
USD Philadelphia Fed.
(APR)
Medium 3 2
14:00
USD Leading Indicators
(MAR)
Medium 0.1% 0.5%
14:30
USD EIA Natural Gas
Storage Change (APR
12)
Low -14
16:00
USD Fed's Raskin
Speaks in New York
Low
Fri
Apr 19
01:35
CNY MNI Flash
Business Sentiment
Indicator (APR)
Low
02:00
CNY Conference Board
China Leading
Economic Index (MAR)
Low
05:00
JPY Coincident Index
(FEB F)
Low 92.1
05:00
JPY Leading Index
(FEB F)
Medium 97.5
06:00
EUR German Producer
Prices (MoM) (MAR)
Low 0.1% -0.1%
06:00
EUR German Producer
Prices (YoY) (MAR)
Medium 0.7% 1.2%

15. 08:00
EUR Euro-Zone
Current Account s.a.
(euros) (FEB)
Low 14.8B
08:00
EUR Euro-Zone
Current Account n.s.a.
(euros) (FEB)
Low -4.5B
12:30
CAD Wholesale Sales
(MoM) (FEB)
Low 0.3%
12:30
CAD Consumer Price
Index (MoM) (MAR)
Medium 0.5% 1.2%
12:30
CAD Consumer Price
Index (YoY) (MAR)
High 0.2% 1.2%
12:30
CAD Bank Canada
Consumer Price Index
Core (MoM) (MAR)
Medium 1.0% 0.8%
12:30
CAD Bank Canada
Consumer Price Index
Core (YoY) (MAR)
High 0.2% 1.4%
12:30
CAD Consumer Price
Index SA (MoM) (MAR)
Low 1.4% 0.7%
12:30
CAD Core CPI SA
(MoM) (MAR)
Low 0.4%
12:30
CAD Consumer Price
Index (MAR)
Low 122.7
16:00
USD Fed's Stein
Speaks on Credit
Markets in Charlotte
Low
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