1. DAILY I FOREX REPORT
18TH
JULY 2013
WWW.EPICRESEARCH.CO +91 7316642300

2. WWW.EPICRESEARCH.CO +91 7316642300
 Momentum Scorecard: Euro Looks To
Outperform Versus CAD, USD
 USD/CAD- Trading The Bank Of Canada
(BoC) Rate Decision
All Eyes on Bank of England Minutes,
Bernanke Testimony
The US Dollar recovered against its major counterparts in
overnight, adding as much as 0.3 percent on average, as markets
digested the largest decline in four days recorded over the prior
24 hours. All eyes are now on Federal Reserve Chairman Ben
Bernanke two days of semi-annual testimony to the US Congress.
Traders are looking to the central bank chief’s comments to
inform expectations for the timing and size of a reduction of the
Fed’s QE effort.
Bernanke has been busy highlighting the difference between
“tightening” monetary policy and “tapering” asset purchases
recently after markets ran with pricing in a hawkish shift in the
posture of the rate-setting FOMC committee following the June
meeting. That move produced a sharp jump in US bond yields and
sent risky assets tumbling. The greenback is likely to come under
renewed pressure if the rhetoric emerging out of today’s
testimony continues to stress a need for accommodation and the
data dependence of the decision to taper QE purchases.
The release of minutes from July’s Bank of England policy
meeting, the first one with Governor Mark Carney at the helm, is
in focus on the European economic calendar. Investors will be
keen to see how the new leader of the central bank voted on the
matter of expanding QE and what logic went into the decision to
issue an accompanying statement (a move unusual for the BOE at
times when it doesn’t change the policy mix).
All else being equal, the British Pound is likely to rise if Carney
voted against more QE, and vice versa. Hints of change in the
central bank’s strategy in delivering policy support – such as the
introduction of Fed-style forward guidance on how long rates are
likely to remain low – will probably weigh on Sterling however.
Separately, economists’ forecasts call for an 8,000 decline in UK
Jobless Claims in June, putting total outstanding applications for
benefits at the lowest since March 2009.
TRADING TIPS
 SELL EURUSD BELOW
1.3120 TGT 1.3100/1.3080
SL 1.3150
 BUY USDJPY BELOW 99.80
TGT 100.00/100.20 SL
99.50
 BUY GBPUSD ABOVE
1.5250 TGT 1.5280/1.5300
SL 1.5230
HEADLINES

3.  HOURLY EURUSD CHARTHOURLY EURUSD CHART
ANALYSIS
EURUSD LOOKS DOWNWARD
TREND: BEARISH
STRATEGY: SELL ON RISE
MACD =>.0030 (BEARISH SIGNAL)
RSI => 57 (BEARISH SIGNAL)
www.epicresearch.co + 91 7316642300

4. HOURLY USDJPY CHART
www.epicresearch.co + 91 7316642300
ANALYSIS
USDJPY LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
MACD =>.10(BULLISH SIGNAL)
RSI =>60(BULLISH SIGNAL)

5. HOURLY GBPUSD CHART
www.epicresearch.co + 91 7316642300
ANALYSIS
GBPUSD LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
MACD =>.0002(BULLISH SIGNAL)
RSI =>70(BULLISH SIGNAL)

6. www.epicresearch.co + 91 7316642300
HOURLY EURGBP CHART
ANALYSIS
EURGBP LOOKS DOWNWARD
TREND: BEARISH
STRATEGY: SELL ON RISE
MACD =>.0004(BEARISH SIGNAL)
RSI =>28(BEARISH SIGNAL)

7. HOURLY USD INDEX CHART
ANALYSIS
USD INDEX LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
MACD =>.0138(BULLISH SIGNAL)
RSI =>36(BULLISH SIGNAL)

8. Date Time Currency Event Importance Actual Forecast Previous Notes
Sun
Jul 14
CNY Actual FDI (YoY)
(JUN)
Medium 0.7% 0.3%
22:30
NZD Performance
Services Index (JUN)
Medium 55.0 56.0
23:01
GBP Rightmove House
Prices (MoM) (JUL)
Low 0.3% 1.2%
23:01
GBP Rightmove House
Prices (YoY) (JUL)
Medium 4.8% 2.7%
Mon
Jul 15
01:30
AUD New Motor
Vehicle Sales (MoM)
(JUN)
Low 4.0% 0.0%
01:30
AUD New Motor
Vehicle Sales (YoY)
(JUN)
Low 7.1% 0.2%
02:00
CNY Business Climate
Index (2Q)
Low 120.6 125.6
02:00
CNY Real GDP YTD
(YoY) (2Q)
High 7.6% 7.7% 7.7%
02:00
CNY Entrepreneur
Confidence Index (2Q)
Low 117.0 122.4
02:00 CNY GDP (YoY) (2Q) High 7.5% 7.5% 7.7%
02:00
CNY Real GDP (QoQ)
(2Q)
High 1.7% 1.8% 1.6%
02:00
CNY Industrial
Production YTD (YoY)
(JUN)
Medium 9.3% 9.3% 9.4%
02:00
CNY Industrial
Production (YoY) (JUN)
Medium 8.9% 9.1% 9.2%
02:00
CNY Fixed Assets Inv
Excl. Rural YTD (YoY)
(JUN)
Medium 20.1% 20.2% 20.4%
02:00
CNY Retail Sales YTD
(YoY) (JUN)
Medium 12.7% 12.7% 12.6%
02:00
CNY Retail Sales (YoY)
(JUN)
Medium 13.3% 12.9% 12.9%
07:15
CHF Producer & Import
Prices (MoM) (JUN)
Low 0.1% 0.1% -0.3%
07:15
CHF Producer & Import
Prices (YoY) (JUN)
Low 0.2% 0.2% -0.2%
12:00
USD Fed's Tarullo
Speaks on Banking
Regulation in
Washington
Low
ECONOMIC CALLENDER

9. 12:30
USD Empire
Manufacturing (JUL)
Low 5 7.84
12:30
USD Advance Retail
Sales (JUN)
High 0.7% 0.6%
12:30
USD Retail Sales Less
Autos (JUN)
Medium 0.4% 0.3%
12:30
USD Retail Sales Ex
Auto & Gas (JUN)
Low 0.3% 0.3%
12:30
USD Retail Sales
"Control Group" (JUN)
Low 0.4% 0.3%
13:00
CAD Existing Home
Sales (MoM) (JUN)
Medium 3.6%
14:00
USD Business
Inventories (MAY)
Medium 0.2% 0.3%
21:00
USD EIA Gasoline and
Diesel Fuel Update
Low
22:45
NZD Consumer Prices
Index (QoQ) (2Q)
Medium 0.3% 0.4%
22:45
NZD Consumer Prices
Index (YoY) (2Q)
Medium 0.8% 0.9%
Tue
Jul 16
01:30
AUD RBA Policy
Meeting - July Minutes
High
04:00
JPY Tokyo
Condominium Sales
(YoY) (JUN)
Low 49.20%
06:00
EUR EU 25 New Car
Registrations (JUN)
Low -5.9%
08:30
GBP Producer Price
Index Input n.s.a.
(MoM) (JUN)
Low -0.2% -0.3%
08:30
GBP Producer Price
Index Input n.s.a. (YoY)
(JUN)
Low 4.2% 2.2%
08:30
GBP Producer Price
Index Output n.s.a.
(MoM) (JUN)
Low 0.1% 0.0%
08:30
GBP Producer Price
Index Output n.s.a.
(YoY) (JUN)
Medium 1.9% 1.2%
08:30
GBP Producer Price
Index Output Core
n.s.a. (MoM) (JUN)
Low 0.1% 0.1%
08:30
GBP Producer Price
Index Output Core
n.s.a. (YoY) (JUN)
Medium 1.1% 0.8%
08:30
GBP DCLG UK House
Prices (YoY) (MAY)
Low 2.8% 2.6%
08:30
GBP Consumer Price
Index (MoM) (JUN)
Medium -0.1% 0.2%
08:30
GBP Consumer Price
Index (YoY) (JUN)
High 3.0% 2.7%
08:30
GBP Core Consumer
Price Index (YoY)
(JUN)
High 2.3% 2.2%
08:30
GBP Retail Price Index
(JUN)
Low 250 250

10. 08:30
GBP Retail Price Index
(MoM) (JUN)
Low 0.0% 0.2%
08:30
GBP Retail Price Index
(YoY) (JUN)
Low 3.4% 3.1%
08:30
GBP Retail Price Index
Ex Mort Int.Payments
(YoY) (JUN)
Low 3.4% 3.1%
09:00
EUR Euro-Zone
Consumer Price Index
(MoM) (JUN)
Medium 0.1% 0.1%
09:00
EUR Euro-Zone
Consumer Price Index
(YoY) (JUN F)
High 1.6% 1.6%
09:00
EUR Euro-Zone
Consumer Price Index -
Core (YoY) (JUN F)
High 1.2% 1.2%
09:00
EUR Euro-Zone Trade
Balance s.a. (euros)
(MAY)
Low 16.2B 16.1B
09:00
EUR Euro-Zone Trade
Balance (euros) (MAY)
Low 12.0B 14.9B
09:00
EUR Euro-Zone ZEW
Survey (Economic
Sentiment) (JUL)
Medium 30.6
09:00
EUR German ZEW
Survey (Current
Situation) (JUL)
Medium 9 8.6
09:00
EUR German ZEW
Survey (Economic
Sentiment) (JUL)
High 40 38.5
12:30
CAD Manufacturing
Shipments (MoM)
(MAY)
Low 1.0% -2.4%
12:30
USD Consumer Price
Index (MoM) (JUN)
Medium 0.3% 0.1%
12:30
USD Consumer Price
Index Ex Food &
Energy (MoM) (JUN)
Medium 0.2% 0.2%
12:30
USD Consumer Price
Index (YoY) (JUN)
High 1.6% 1.4%
12:30
USD Consumer Price
Index Ex Food &
Energy (YoY) (JUN)
High 1.6% 1.7%
12:30
USD Consumer Price
Index Core Index s.a.
(JUN)
Low 233.267
12:30
USD Consumer Price
Index n.s.a. (JUN)
Low 233.25 232.95
13:00
USD Total Net TIC
Flows (MAY)
Low $12.7B
13:00
USD Net Long-term TIC
Flows (MAY)
Medium -$37.3B
13:15
USD Industrial
Production (JUN)
Medium 0.003 0
13:15
USD Capacity
Utilization (JUN)
Low 0.777 0.776
13:15
USD Manufacturing
(SIC) Production (JUN)
Medium 0.20% 0.10%
14:00
USD NAHB Housing
Market Index (JUL)
Medium 51.0 52.0

11. 18:15
USD Fed's George
Speaks on Economic
Conditions and
Agriculture
Low
23:50
JPY Bank of Japan
June 10-11 meeting
minutes
High
Wed
Jul 17
00:30
AUD Westpac Leading
Index (MoM) (MAY)
Medium 0.6%
02:00
CNY Conference Board
China June Leading
Economic Index
Low
06:00
JPY Machine Tool
Orders (YoY) (JUN F)
Medium -12.4%
08:30
GBP Bank of England
Minutes
High
08:30
GBP Claimant Count
Rate (JUN)
Medium 4.5% 4.5%
08:30
GBP Jobless Claims
Change (JUN)
Medium -8.0K -8.6K
08:30
GBP Average Weekly
Earnings (3M/(YoY))
(MAY)
Low 1.4% 1.3%
08:30
GBP Weekly Earnings
exBonus (3M/(YoY))
(MAY)
Low 1.1% 0.9%
08:30
GBP ILO
Unemployment Rate
(3M) (MAY)
Medium 7.80% 7.80%
08:30
GBP Employment
Change (3M/3M) (MAY)
Medium 82K 24K
09:00
CHF ZEW Survey
(Expectations) (JUL)
Medium 2.2
09:00
EUR Euro-Zone
Construction Output
s.a. (MoM) (MAY)
Low 2.0%
09:00
EUR Euro-Zone
Construction Output
w.d.a. (YoY) (MAY)
Low -6.6%
11:00
USD MBA Mortgage
Applications (JUL 12)
Low -4.00%
12:30
CAD International
Securities Transactions
(Canadian dollar)
(MAY)
Low 14.91B
12:30
USD Housing Starts
(JUN)
Low 950K 914K
12:30
USD Housing Starts
(MoM) (JUN)
Medium 3.9% 6.8%
12:30
USD Building Permits
(JUN)
Low 1000K 974K
12:30
USD Building Permits
(MoM) (JUN)
Medium 1.5% -3.1%
14:00
CAD Bank of Canada
Rate Decision (JUL 17)
High 1.00% 1.00%
14:00
USD Fed's Bernanke
Delivers Semi-Annual
Policy Report to House
High
14:30
USD DOE U.S. Crude
Oil Inventories (JUL 12)
Low -9874K

12. 14:30
USD DOE U.S.
Gasoline Inventories
(JUL 12)
Low -2634K
14:30
USD DOE U.S.
Distillate Inventory (JUL
12)
Low 3038K
14:30
USD DOE U.S.
Refinery Utilization
(JUL 12)
Low 0.002
16:30
USD Fed's Raskin
Speaks at Exchequer
Club in Washington
Low
18:00
USD U.S. Federal
Reserve Releases
Beige Book
High
22:00
NZD ANZ Job
Advertisements (MoM)
(JUN)
Low -1.7%
Thu
Jul 18
00:00
AUD Conference Board
Leading Index (MAY)
Low 0.3%
01:00
NZD ANZ Consumer
Confidence Index (JUL)
Low 123.9
01:00
NZD ANZ Consumer
Confidence (MoM)
(JUL)
Low 0.20%
01:30
AUD NAB Business
Confidence (2Q)
Medium 2
01:30
CNY China June
Property Prices
Low
01:30
AUD RBA Foreign
Exchange Transaction
(Australian dollar)
(JUN)
Low 490M
01:30
AUD RBA FX
Transactions Other
(JUN)
Low 33M
03:30
AUD RBA FX
Transactions Govt.
(JUN)
Low
05:30
JPY Nationwide
Department Store Sales
(YoY) (JUN)
Low 2.6%
05:30
JPY Tokyo Department
Store Sales (YoY)
(JUN)
Low 5.1%
06:00
CHF Trade Balance
(Swiss franc) (JUN)
Medium 2.22B
06:00
CHF Exports (MoM)
(JUN)
Low 1.7%
06:00
CHF Imports (MoM)
(JUN)
Low 0.9%
08:00
EUR Euro-Zone
Current Account s.a.
(euros) (MAY)
Low 19.5B
08:00
EUR Euro-Zone
Current Account n.s.a.
(euros) (MAY)
Low 15.3B
08:30
GBP Retail Sales
(MoM) (JUN)
Low 0.2% 2.1%
08:30
GBP Retail Sales (YoY)
(JUN)
Medium 1.6% 2.1%
08:30
GBP Retail Sales
w/Auto Fuel (MoM)
(JUN)
Low 0.4% 2.1%

13. 08:30
GBP Retail Sales
w/Auto Fuel (YoY)
(JUN)
Medium 1.8% 1.9%
12:30
CAD Wholesale Sales
(MoM) (MAY)
Low 0.2%
12:30
USD Initial Jobless
Claims (JUL 12)
Medium 360K
12:30
USD Continuing Claims
(JUL 6)
Low 2977K
14:00
USD API Monthly
Statistical Report
Low
14:00
USD Fed's Bernanke
Delivers Semi-Annual
Policy Report to Senate
High
14:00
USD Philadelphia Fed.
(JUL)
Medium 6.8 12.5
14:00
USD Leading Indicators
(JUN)
Medium 0.003 0.001
14:30
USD EIA Natural Gas
Storage Change (JUL
12)
Low 82.0
22:45
NZD Net Migration s.a.
(JUN)
Low 1740
23:50
JPY Japan Buying
Foreign Bonds (Yen)
(JUL 12)
Medium ¥973.1B
23:50
JPY Japan Buying
Foreign Stocks (Yen)
(JUL 12)
Medium -¥14.1B
23:50
JPY Foreign Buying
Japan Bonds (Yen)
(JUL 12)
Low ¥3.5B
23:50
JPY Foreign Buying
Japan Stocks (Yen)
(JUL 12)
Low ¥486.9B
Fri
Jul 19
EUR G20 Finance
Ministers' and Central
Bank's Deputies
Meeting in Russia
High
EUR G20 Labour
Ministers Meeting in
Russia
High
EUR G20 Finance
Ministers and Central
Bank Governors
Meeting in Russia
High
03:00
NZD Credit Card
Spending s.a. (MoM)
(JUN)
Low -0.6%
03:00
NZD Credit Card
Spending (YoY) (JUN)
Medium 2.4%
04:30
JPY All Industry Activity
Index (MoM) (MAY)
Medium 1.2% 0.4%
05:00
JPY Leading Index
(MAY F)
Medium 110.5
05:00
JPY Coincident Index
(MAY F)
Low 105.9
06:00
EUR German Producer
Prices (MoM) (JUN)
Low -0.1% -0.3%
06:00
EUR German Producer
Prices (YoY) (JUN)
Low 0.6% 0.2%

14. 08:30
GBP Public Finances
(PSNCR) (Pounds)
(JUN)
Medium 3.1B
08:30
GBP PSNB ex
Interventions (JUN)
Medium 9.0B 8.8B
08:30
GBP Public Sector Net
Borrowing (Pounds)
(JUN)
Medium 9.3B 10.5B
12:30
CAD Consumer Price
Index (MoM) (JUN)
Medium 0.1% 0.2%
12:30
CAD Consumer Price
Index (YoY) (JUN)
High 1.3% 0.7%
12:30
CAD Bank Canada
Consumer Price Index
Core (MoM) (JUN)
Medium -0.3% 0.2%
12:30
CAD Bank Canada
Consumer Price Index
Core (YoY) (JUN)
High 1.3% 1.1%
12:30
CAD Consumer Price
Index s.a. (MoM) (JUN)
Low 0.1%
12:30
CAD Core CPI s.a.
(MoM) (JUN)
Low 0.0%
12:30
CAD Consumer Price
Index (JUN)
Low 123.0

15. www.epicresearch.co + 91 7316642300
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.