The document provides a daily report on international forex markets and recommendations for currency pairs USD/CHF and GBP/USD. It discusses the dollar gaining as the euro nears nine-month lows. It then analyzes the intraday outlook, support and resistance levels, and provides buy or sell recommendations for USD/CHF and GBP/USD currency pairs. The report includes disclaimer notes about the risks of trading advice and making independent investment decisions.
1 of 6
Download to read offline
More Related Content
Daily i forex signals report by epic research singapore 13th august 2014
2. INTERNATIONAL CURRENCY BUZZ
YOUR MINTVISORY Call us at +91-6642300
Forex - Dollar gains as euro nears 9-month lows
Forex - Bitcoin extends sell-off after U.S. agency warns of risks
Forex - Euro extends losses after German ZEW miss
USD/CHF
USD/CHF hit 0.9101 during European late morning trade, the pair's highest since August 7; the pair subsequently
consolidated at 0.9097, rising 0.33%.The pair was likely to find support at 0.9056, Monday's low and resistance at
0.9156.Risk sentiment was hit after Iraq on Monday named Haidar al-Abadi as the new prime minister to end the
eight-year rule of Nuri al-Maliki, but Maliki has refused to go and deployed special forces in Baghdad.In Ukraine, a
Russian convoy of 280 trucks carrying humanitarian aid set off on Tuesday amid Western warnings against using
help as a pretext for an invasion.The Swissie was steady against the euro, with EUR/CHF inching up 0.05% to
1.2141.
GBP/USD
GBP/USD hit 1.6757 during European morning trade, the pair's lowest since June 11; the pair subsequently
consolidated at 1.6768, slipping 0.10%.Cable was likely to find support at 1.6739, the low of June 11 and resistance
at 1.6831, the high of August 8.Investors remained cautious after Iraq on Monday named Haidar al-Abadi as the
new prime minister to end the eight-year rule of Nuri al-Maliki, but Maliki has refused to go and deployed
specialforces in Baghdad.In Ukraine, a Russian convoy of 280 trucks carrying humanitarian aid set off on Tuesday
amid Western warnings against using help as a pretext for an invasion.Sterling was higher against the euro, with
EUR/GBP falling 0.21% to 0.7957.
4. EPIC'S ANALYST SPEAKS
YOUR MINTVISORY Call us at +91-731-6642300
USD/CHF Hourly Chart
INTRADAY OUTLOOK
Support: 0.9078
Resistance: 0.9133
RECOMMENDATION:
1. Buy USD/CHF Above 0.9135: TG: 0.9150/0.9170 SL 0.9115
2. Sell USD/CHF Below 0.9076 TG: 0.9061/0.9041 SL 0.9196
5. EPIC'S ANALYST SPEAKS
YOUR MINTVISORY Call us at +91-731-6642300
GBP/USD Hourly Chart
INTRADAY OUTLOOK
Support: 1.6742
Resistance: 1.6814
RECOMMENDATION:
1. Buy GBP/USD Above 1.6816 TG: 1.6831/ 1.6851 SL 1.6796
2. Sell GBP/USD Below 1.6740 TG: 1.6725/1.6705 SL 1.6760
6. 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 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.