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Iforex Market Insight
 INTERNATIONAL CURRENCY
BUZZ
 ECONOMIC CALENDAR
 GBP/USD HOURLY CHART
 EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date– 20 – July
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The pound edged up to nearly two-and-a-half week highs against the U.S. dollar on Friday, as
market sentiment improved with positive news on the Greek debt front and as growing expec-
tations for a U.K. rate hike continued to support demand for sterling. GBP/USD hit 1.5671 dur-
ing European morning trade, the pair's highest since Wednesday; the pair subsequently con-
solidated at 1.5655, adding 0.29%. Cable was likely to find support at 1.5448, the low of July 14
and resistance at 1.5736, the high of July 1. Market sentiment strengthened after euro zone
ministers agreed on Thursday to give Greece a €7 billion bridging loan from a European Union-
wide fund to keep its finances afloat until a bailout is approved.The news came after the Euro-
pean Central Bank increased its emergency lending to Greek banks by €900 million and added
that it is operating under the assumption that Greece will remain in the euro zone.
Forex - Euro erases gains against broadly stronger dollar
Forex - USD/CAD hovers at fresh 6-year highs after U.S., Canadian data
Forex - USD/JPY slips but remains close to 3-1/2 week peak
The euro erased gains against the U.S. dollar on Friday, re-approachimg Thursday's one-and-a-
half month trough as upbeat U.S. data fuelled further hopes for a U.S. rate hike in the near fu-
ture, sending the greenback broadly higher. EUR/USD pulled back from 1.0907, the session
high, to hit 1.0852 during U.S. morning trade, slipping 0.23%. The pair was likely to find sup-
port at 1.0817, the low of May 17 and resistance at 1.0963, Thursday's high. The dollar
strengthened broadly after data on Friday showed that the U.S. consumer price index rose
0.3% in June, in line with expectations and after a 0.4% gain the previous month. On a yearly
basis, consumer prices rose 0.1% in June, in line with market expectations.
Iforex Market Insight
Date– 20 – July
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Monday, July 20, 2015
All Day Holiday Japan - Ocean Day
11:30 EUR German PPI (MoM) (Jun) 0.1%
11:30 EUR German PPI (YoY) (Jun) -1.3% -1.3%
13:30 EUR Current Account (May) 22.3B
13:30 EUR Current Account n.s.a. (May) 20.4B
13:30 EUR Net Investment Flow (May) 37.5B
14:00 HKD Unemployment Rate (Jun) 3.2%
18:00 CAD Wholesale Sales (MoM) (May) 1.9%
Iforex Market Insight
Date– 20 – July
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBPUSD ABOVE 1.5680 TARGET 1.5700 1.5730 SL 1.5650
SELL GBPUSD BELOW 1.5540 TARGET 1.5520 1.5490 SL 1.5570
GBP/USD HOURLY CHART
BUY EURUSD ABOVE 1.0865 TARGET 1.0885 1.0915 SL 1.0835
SELL EURUSD BELOW 1.0825 TARGET 1.0805 1.0775 SL 1.0855
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.
EPIC RESEARCH SINGAPORE

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Iforex Market Insight Report Summary

  • 1. Iforex Market Insight  INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR  GBP/USD HOURLY CHART  EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE
  • 2. www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- Iforex Market Insight Date– 20 – July INTERNATIONAL CURRENCY BUZZ EUR/USD GBP/USD The pound edged up to nearly two-and-a-half week highs against the U.S. dollar on Friday, as market sentiment improved with positive news on the Greek debt front and as growing expec- tations for a U.K. rate hike continued to support demand for sterling. GBP/USD hit 1.5671 dur- ing European morning trade, the pair's highest since Wednesday; the pair subsequently con- solidated at 1.5655, adding 0.29%. Cable was likely to find support at 1.5448, the low of July 14 and resistance at 1.5736, the high of July 1. Market sentiment strengthened after euro zone ministers agreed on Thursday to give Greece a €7 billion bridging loan from a European Union- wide fund to keep its finances afloat until a bailout is approved.The news came after the Euro- pean Central Bank increased its emergency lending to Greek banks by €900 million and added that it is operating under the assumption that Greece will remain in the euro zone. Forex - Euro erases gains against broadly stronger dollar Forex - USD/CAD hovers at fresh 6-year highs after U.S., Canadian data Forex - USD/JPY slips but remains close to 3-1/2 week peak The euro erased gains against the U.S. dollar on Friday, re-approachimg Thursday's one-and-a- half month trough as upbeat U.S. data fuelled further hopes for a U.S. rate hike in the near fu- ture, sending the greenback broadly higher. EUR/USD pulled back from 1.0907, the session high, to hit 1.0852 during U.S. morning trade, slipping 0.23%. The pair was likely to find sup- port at 1.0817, the low of May 17 and resistance at 1.0963, Thursday's high. The dollar strengthened broadly after data on Friday showed that the U.S. consumer price index rose 0.3% in June, in line with expectations and after a 0.4% gain the previous month. On a yearly basis, consumer prices rose 0.1% in June, in line with market expectations.
  • 3. Iforex Market Insight Date– 20 – July www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Monday, July 20, 2015 All Day Holiday Japan - Ocean Day 11:30 EUR German PPI (MoM) (Jun) 0.1% 11:30 EUR German PPI (YoY) (Jun) -1.3% -1.3% 13:30 EUR Current Account (May) 22.3B 13:30 EUR Current Account n.s.a. (May) 20.4B 13:30 EUR Net Investment Flow (May) 37.5B 14:00 HKD Unemployment Rate (Jun) 3.2% 18:00 CAD Wholesale Sales (MoM) (May) 1.9%
  • 4. Iforex Market Insight Date– 20 – July www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBPUSD ABOVE 1.5680 TARGET 1.5700 1.5730 SL 1.5650 SELL GBPUSD BELOW 1.5540 TARGET 1.5520 1.5490 SL 1.5570 GBP/USD HOURLY CHART BUY EURUSD ABOVE 1.0865 TARGET 1.0885 1.0915 SL 1.0835 SELL EURUSD BELOW 1.0825 TARGET 1.0805 1.0775 SL 1.0855
  • 5. 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. EPIC RESEARCH SINGAPORE