Daily i-Forex Report by www.epicresearch.co 5th March 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 ,mcx gold tips

indore, India (prHWY.com) March 5, 2013 - HEADLINE
 EUR/USD And USD/JPY In Focus With Sequester, ECB, NFPs, BoJ Ahead
 USD to Consolidate Ahead of NFPs, JPY Outlook Weighed by BoJ
 Dollar At Trend Resistance, S&P 500 Still Looking Vulnerable

Pounds Falls Back to 1.50 on a 3-Year Low Construction PMI
UK construction activity has declined at the fastest pace since October 2009 according to Markit's Purchasing Managers' Index. The PMI for construction fell to 46.8 in February, worse than the expected 49.0 index result and down from 48.7 in January. A PMI below 50.0 indicates a decline in sector activity.
The tone from the Markit release was not positive when talking about the construction sector, which has now shown 4 straight months of declining activity. Markit Senior Economist Tim Moore said, "This is undoubtedly a dismal set of data for the UKconstruction sector, especially the sharp falls in commercial building work and civil engineeringactivity."

TRADING TIPS
* SELL EURUSD
BELOW 1.2980
tgs 1.2960/1.2940
sl 1.3010

* SELL USDJPY
BELOW 93.20
tgt 93.00/92.80
SL 93.50

* SELL GBPUSD
BELOW 1.5000
Tgt 1.4980/1.4960
SL 1.5030




ANALYSIS
HOURLY EURUSD CHART

OPEN: 1.3015
HIGH: 1.3029
LOW: 1.2982
CLOSE: 1.2994


* EURUSD LOOKS DOWNWARD
* TREND : BEARISH
* STRATEGY: SELL ON RISE
* MACD =>-.000(BULLISH SIGNAL)
* RSI => 39(BULLISH SIGNAL)


ANALYSIS

HOURLY USDJPY CHART

OPEN: 93.54
HIGH: 93.73
LOW: 93.28
CLOSE: 93.56


* USDJPY LOOKS DOWNWARD
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD => -0.02( BULLISH SIGNAL)
* RSI =>60(BULLISH SIGNAL)





ANALYSIS

HOURLY GBPUSD CHART

OPEN: 1.5032
HIGH: 1.5058
LOW: 1.4999
CLOSE: 1.5039


* GBPUSD LOOKS DOWNWARD
* TREND: BULLISH
* STRATEGY: SELL ON RISE
* MACD => .005( BEARISH SIGNAL)
* RSI => 45(BEARIISH SIGNAL)

HOURLY EURGBP CHART
OPEN: 0.8658
HIGH: 0.8664
LOW: 0.8639
CLOSE: 0.8641


* EURGBP LOOKS DOWNWARDS
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD =>-.003(BULLISH SIGNAL)
* RSI =>44(BULLISH SIGNAL)


HOURLY USDINDEX CHART

OPEN: 82.2970
HIGH: 82.4650
LOW: 82.2300
CLOSE: 82.4020



* USDINDEX LOOKS UPWARD
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD =>0.79(BEARISH SIGNAL)
* RSI =>61(BEARISH SIGNAL)


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


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.

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

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