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EPIC RESEARCH REPORT
WEEKLY INTERNATIONAL FOREX
YOUR MINTVISORY Call us at +91-731-6642300
15 JUN-19 JUN 2015
Forex - Dollar broadly higher vs. other majors ahead of UoM report.
Forex - Pound slips lower against broadly stronger dollar.
Forex - EUR/USD slides lower after IMF quits Greek debt talks.
GBP/USD
GBP/USD hit 1.5492 during European morning trade, the session low; the pair subsequently
consolidated at 1.5502, edging down 0.10%.The pound slipped lower against the U.S. dollar on Friday, as
demand for the greenback remained supported by the previous session's upbeat U.S. retail sales report and
ahead of an additional report on U.S. consumer sentiment due later in the day.Cable was likely to find
support at 1.5365, the low of June 10 and resistance at 1.5591, the high of May 20.The dollar found support
after the U.S. Commerce Department reported on Thursday that retail sales increased by 1.2% last month,
beating expectations for a gain of 1.1%, and that core retail sales, which exclude automobile sales, rose by
1.0% in May, compared to forecasts for a 0.7% increase.
EUR/USD
EUR/USD hit 1.1218 during late Asian trade, the session low; the pair subsequently consolidated at
1.1224, shedding 0.28%.The euro slid lower against the U.S. dollar on Friday, as concerns over a potential
Greek default grew stronger after the International Monetary Fund chose to leave negotiations and as
demand for the greenback remained supported ahead of upcoming U.S. data.The pair was likely to find
support at 1.1080, the low of June 8 and resistance at 1.1332, Thursday's low.The single currency tumbled
over 1% against the dollar on Thursday when the IMF pulled out of Greek debt talks after it accused Athens
of failing to compromise over labour market and pension reforms.
INTERNATIONAL CURRENCY BUZZ
YOUR MINTVISORY Call us at +91-731-6642300
WEEKLY ECONOMIC DATA
YOUR MINTVISORY Call us at +91-731-6642300
YOUR MINTVISORY Call us at +91-731-6642300
EUR/USD DAILY CHART
INTRADAY OUTLOOK
Support: 1.5294
Resistance:1.5694
RECOMMENDATION:
BUY GBP USD ABOVE 1.5730 TARGET 1.5770 1.5820 SL 1.5680
SELL GBP USD BELOW 1.5220 TARGET 1.5180 1.5130 SL 1.5270
EPIC'S ANALYST SPEAK
GBP/USD DAILY CHART
YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY OUTLOOK
Support: 1.1127
Resistance: 1.1400
RECOMMENDATION:
BUY EUR USD ABOVE 1.1470 TARGET 1.1510 1.1560 SL 1.1420
SELL EUR USD BELOW 1.1080 TARGET 1.1040 1.0990 SL 1.1130
EPIC'S ANALYST SPEAK
EUR/USD DAILY CHART
DISCLAIMER
YOUR MINTVISORY Call us at +91-731-6642300
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 .
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.

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EPIC RESEARCH SINGAPORE :- Weekly IForex Report from 15-19 June 2015

  • 1. EPIC RESEARCH REPORT WEEKLY INTERNATIONAL FOREX YOUR MINTVISORY Call us at +91-731-6642300 15 JUN-19 JUN 2015
  • 2. Forex - Dollar broadly higher vs. other majors ahead of UoM report. Forex - Pound slips lower against broadly stronger dollar. Forex - EUR/USD slides lower after IMF quits Greek debt talks. GBP/USD GBP/USD hit 1.5492 during European morning trade, the session low; the pair subsequently consolidated at 1.5502, edging down 0.10%.The pound slipped lower against the U.S. dollar on Friday, as demand for the greenback remained supported by the previous session's upbeat U.S. retail sales report and ahead of an additional report on U.S. consumer sentiment due later in the day.Cable was likely to find support at 1.5365, the low of June 10 and resistance at 1.5591, the high of May 20.The dollar found support after the U.S. Commerce Department reported on Thursday that retail sales increased by 1.2% last month, beating expectations for a gain of 1.1%, and that core retail sales, which exclude automobile sales, rose by 1.0% in May, compared to forecasts for a 0.7% increase. EUR/USD EUR/USD hit 1.1218 during late Asian trade, the session low; the pair subsequently consolidated at 1.1224, shedding 0.28%.The euro slid lower against the U.S. dollar on Friday, as concerns over a potential Greek default grew stronger after the International Monetary Fund chose to leave negotiations and as demand for the greenback remained supported ahead of upcoming U.S. data.The pair was likely to find support at 1.1080, the low of June 8 and resistance at 1.1332, Thursday's low.The single currency tumbled over 1% against the dollar on Thursday when the IMF pulled out of Greek debt talks after it accused Athens of failing to compromise over labour market and pension reforms. INTERNATIONAL CURRENCY BUZZ YOUR MINTVISORY Call us at +91-731-6642300
  • 3. WEEKLY ECONOMIC DATA YOUR MINTVISORY Call us at +91-731-6642300
  • 4. YOUR MINTVISORY Call us at +91-731-6642300 EUR/USD DAILY CHART INTRADAY OUTLOOK Support: 1.5294 Resistance:1.5694 RECOMMENDATION: BUY GBP USD ABOVE 1.5730 TARGET 1.5770 1.5820 SL 1.5680 SELL GBP USD BELOW 1.5220 TARGET 1.5180 1.5130 SL 1.5270 EPIC'S ANALYST SPEAK GBP/USD DAILY CHART
  • 5. YOUR MINTVISORY Call us at +91-731-6642300 INTRADAY OUTLOOK Support: 1.1127 Resistance: 1.1400 RECOMMENDATION: BUY EUR USD ABOVE 1.1470 TARGET 1.1510 1.1560 SL 1.1420 SELL EUR USD BELOW 1.1080 TARGET 1.1040 1.0990 SL 1.1130 EPIC'S ANALYST SPEAK EUR/USD DAILY CHART
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