Daily i-ForexReport by http://www.epicresearch.co 1th February 2013

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips

indore, India (prHWY.com) February 1, 2013 - HEADLINE
 Forex News: Record Low German Unemployment Fails to Spark a Euro Rally
 Forex Analysis: Sideways Trade Likely Before Friday NFP, ISM Data
 Forex Analysis: US Dollar Selling Pauses As S&P 500 Warns Of Weakness
Forex News: Record Low Euro Breaks German Unemployment 1.3599/1.3614 sl Fails to Spark a Euro Ralla
German unemployment in January fell by the most in twelve months, and the unemployment rate fell back to the lowest point since Germany joined the Euro. 16,000 German workers found employment in January,which was better than expectations for unemploymentrevised 2 thousand person drop in unemployment. Theunemployment rate fell to 6.8%, better than expectations for the rate to remain at 6.9%.


 TRADING TIPS

BUY EURUSD ABOVE
1.3584 tgs
1.3599/1.3614 sl
1.3570


BUY USDJPY BELOW
91.40 tgt
91.56/91.71 SL 91.20


SELL GBPUSD BELOW
1.5780 tgt
1.5760/1.5740 SL
1.5800

ANALYSIS
HOURLY EURUSD CHART
OPEN: 1.3568
HIGH: 1.3584
LOW: 1.3544
CLOSE: 1.3550

* EURUSD LOOKS UPWARD
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD =>. 0005(BULLISH SIGNA
* RSI => 70(BULLISH SIGNAL)


ANALYSIS

HOURLY USDJPY CHART
OPEN: 90.78
HIGH: 91.41
LOW: 90.76
CLOSE: 91.01

* USDJPY LOOKS UPWARD
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD => 0001( BULLISH SIGNAL)
* RSI =>53(BULLISH SIGNAL)


ANALYSIS
HOURLY GBPUSD CHART

OPEN: 1.5797
HIGH: 1.5843
LOW: 1.5783
CLOSE: 1.5784

GBPUSD LOOKS DOWNWARD
* TREND: BULLISH
* STRATEGY: SELL ON RISE
* MACD => -.0005( BULLISH SIGNAL)
* RSI => 45(BULLISH SIGNAL)

HOURLY EURGBP CHART
OPEN: 0.8589
HIGH: 0.8592
LOW: 0.8559
CLOSE: 0.8583

* EURGBP LOOKS UPWARDS
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD =>.0022(BULLISH SIGNAL)
* RSI =>52(BULLISH SIGNAL)
*

HOURLY USDINDEX CHART

OPEN: 79.2460
HIGH: 79.3370
LOW: 79.1700
CLOSE: 79.3360

* USDINDEX LOOKS UPWARD
* TREND: BULLISH
* STRATEGY: BUY ON DIPS
* MACD =>-0.0125(BULLISH SIGNAL)
* RSI =>54(BULLISH SIGNAL)



Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips. Share Tips We provide services in equity, commodity and Forex market.

Option tips
Business analyst jobs
Mcx tips
Intraday tips
Intraday trading tips


GET FREE TRIAL +91 731 6642300
Or mail us here: info@epicresearch.co Or visit our site that is http://www.epicresearch.co/
or
http://www.epicresearch.co/images/past_performance/daily-i-forex-report-1.pdf###

Tag Words: business analyst jobs, mcx tips, commodity tips, forex tips, share tips, mcx gold tips

Categories: Business

Press Release Contact
411 Milinda Manor (Suites 409 - 417)
2 RNT Marg Opp Central Mall
Indore (M.P.)

Link To This Press Release:

URL HTML Code