Daily i-Forex Report by www.epicresearch.co 25thFebruary 2013

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indore, India (prHWY.com) February 25, 2013 - HEADLINE

 CRUDE LOOKS BEARISH SELL AROUND 92.85 LEVEL
 IS SUGGESTED AND RECOMMENDED TO BOOK
 PROFIT NEAR 92.45 LEVEL AND MAINTAINING SL OF 93.25
Euro May Rise as LTRO2 Prepayment Offsets German GDP Slump
The final revision of fourth-quarter German GDP figures headlines the economic calendar in European hours. Eurozone growth concerns are rife after yesterday's disappointing PMI data roundup, meaning a downgrade of the originallyestimated 0.6 percent contraction may weigh on the Euro as traders bedeepening recession will push the ECB take offsetting measures. Slowing growth has already begun to be priced into the exchange however, leaving room for a newer offsetting catalyst with scope to take the lead.
TRADING TIPS

* SELL EURUSD

BELOW 1.3168
tgs 1.3148/1.3128
sl 1.3198

* SELL USDJPY
BELOW 92.90
tgt 92.76/92.62
SL 93.10

* BUY GBPUSD

ABOVE 1.5320
tgt 1.5340/1.5360
SL 1.5290

ANALYSIS
HOURLY EURUSD CHART

OPEN: 1.3192
HIGH: 1.3245
LOW: 1.3168
CLOSE: 1.3177
* EURUSD LOOKS DOWNWARD
* TREND : BEARISH
* STRATEGY: SELL ON RISE
* MACD =>-.0007(BEARISH SIGNAL)
* RSI => 34(BEARIISH SIGNAL)


ANALYSIS

HOURLY USDJPY CHART

OPEN: 93.15
HIGH: 93.47
LOW: 92.92
CLOSE: 93.25
* USDJPY LOOKS DOWNWARD
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD => -0.02( BEARISH SIGNAL)
* RSI =>49(BEARISH SIGNAL)

ANALYSIS

HOURLY GBPUSD CHART

OPEN: 1.5260
HIGH: 1.5320
LOW: 1.5244
CLOSE: 1.5263
* GBPUSD LOOKS UPWARD
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD => .0002( BULLIISH SIGNAL)
* RSI => 52(BULLISH SIGNAL)

HOURLY EURGBP CHART
OPEN: 0.8644
HIGH: 0.8678
LOW: 0.8623
CLOSE: 0.8625
* EURGBP LOOKS DOWNWARDS
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD =>-.0001(BEARISH SIGNAL)
* RSI =>34(BEARISH SIGNAL)


HOURLY USDINDEX CHART

OPEN: 81.3560
HIGH: 81.4150
LOW: 81.1710
CLOSE: 81.3270
* USDINDEX LOOKS UPWARD
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD =>0.217(BULLISH SIGNAL)
* RSI =>55(BULLISH SIGNAL)

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