Press Releases
 
EPIC RESEARCH : - Daily i forex Report Of 13 July 2018

Daily i forex Report Of 13 July 2018

INDIA, 13 July 2018 -- Epic Research Limited delivers reliable trading advice for traders to fulfill their goals and return expectations is very true.

INTERNATIONAL CURRENCY BUZZ

Forex - EU to back Bulgaria's first step toward joining euro: source
Forex - Dollar Steady at 1-1/2-Week Highs after U.S. Inflation Data
Forex - GBP futures: extra range bound likely

GBP/USD

The GBP/USD pair reversed an early dip to an intraday low level of 1.3180, or over one-week lows, and spiked to
fresh session tops post-US CPI, albeit lacked any strong follow-through. The pair managed to find some buying interest near a support marked by short-term ascending trend-channel formation on the 1-hourly chart. The release
of updated Brexit white paper triggered the initial leg of rebound and was further supported by a modest US Dollarretracement. The USD struggled to build on its positive momentum and was being capped by softer US
inflation figures, coming in to show 0.1% m/m rise in June as against 0.2% expected. However, mostly in-line core
CPI/yearly figures and upbeat weekly initial jobless claims data helped limit a sharp downfall and eventually kept a
lid on any meaningful up-move for the major. However, a decisive break below the trend-channel support might
negate the positive outlook and turn the pair vulnerable to extend this week's rejection slide from 50-day SMA.

EUR/USD

Euro zone finance ministers are expected to give their green light on Thursday to Bulgaria's bid to join the bloc's
banking union, a step toward the Balkan state's adoption of the euro, EU officials said. Bulgaria meets the nominal
criteria to adopt the common currency, with low inflation, healthy public finances and its lev currency already pegged to the euro. But it is also the EU's poorest country, and widespread graft and troubles at some of its banks
have cast a shadow over its prospects of joining. One EU official told Reuters that euro zone finance ministers will
agree on Thursday on a "timeframe" for Bulgaria's next steps toward the euro membership. They will say they will
accept Sofia's request to join the banking union, once the country makes a formal request - a move expected in the
coming days or even hours. Banking union member countries transfer to EU bodies the powers to oversee their top
banks and deal with ailing lenders.

GBP/USD Daily Chart


INTRADAY OUTLOOK
Support: 1.3146
Resistance: 1.3316

RECOMMENDATION:
BUY GBPUSD ABOVE 1.3250 TGT 1.3270 1.3300 SL 1.3220
SELL GBPUSD BELOW 1.3150 TGT 1.3130 1.3100 SL 1.3180

EUR/USD Daily Chart

INTRADAY OUTLOOK
Support: 1.1608
Resistance: 1.1790

RECOMMENDATION:
BUY EURUSD ABOVE 1.1700 TGT 1.1720 1.1750 SL 1.1670
SELL EURUSD BELOW 1.1660 TGT 1.1640 1.1610 SL 1.1690

Epic Research Limited delivers reliable trading advice for traders to fulfill their goals and return expectations is very true. Every day we come to work for 2 different things: thorough research on market movements & deliver those calls timely to our clients help make their investment at the right place. It was absolutely true when we started our company in 2008 and it's just as true today. We’re not just passionate purveyors of market research calls & advice but making trading a rewarding experience in all major segments which includes nse stock tips, derivatives trading, MCX and NCDEX trading, Currency Derivatives etc.

NSE STOCK TIPS

Give a Missed call at 911-133-9000

walk into — 411 Milinda Manor, 2 RNT Road, Indore 452001

SMS EPIC to 56363

Visit our site: https://www.epicresearch.co/

Or mail us here: info@epicresearch.co

# # #


Submitted by Epic Research, Epic Research Pvt.Ltd indore on Friday, 13 July 2018 at 1:17 PM
Category: Business
 
Related News

ABAC & G-PMC Celebrate Work Uniting Veterans To Take On ANAB-IAF Anti-American Practices
Sunday, 23 Sep 2018

Why It Is Vital To Count Words And Use A Word Counter Free Online
Sunday, 23 Sep 2018

Michelle Kwan’s ‘Casa del Sole’ sold in Newport, RI
Sunday, 23 Sep 2018

Book a Reputed Hotel in Plainview Texas to Make Your Stay Pleasurable and Memorable
Sunday, 23 Sep 2018

Book the Best Woodlands Texas Hotel to Enjoy Great Vacation
Sunday, 23 Sep 2018

Related Events

Entrepreneurs & Start-ups - Success Summit - limited free early bird tickets
Saturday, 22 Sep 2018

Entrepreneurs & Start-ups - Success Summit - limited free early bird tickets
Saturday, 22 Sep 2018

Entrepreneurs & Start-ups – Success Summit - limited free early bird tickets
Saturday, 22 Sep 2018

Africa Fertilizer Agribusiness Conference 2018
Monday, 24 Sep 2018

Insurance Analytics Canada Summit, 2018, Toronto
Tuesday, 25 Sep 2018

Latest News

ABAC & G-PMC Celebrate Work Uniting Veterans To Take On ANAB-IAF Anti-American Practices
Sunday, 23 Sep 2018

Why It Is Vital To Count Words And Use A Word Counter Free Online
Sunday, 23 Sep 2018

Michelle Kwan’s ‘Casa del Sole’ sold in Newport, RI
Sunday, 23 Sep 2018

Book a Reputed Hotel in Plainview Texas to Make Your Stay Pleasurable and Memorable
Sunday, 23 Sep 2018

Book the Best Woodlands Texas Hotel to Enjoy Great Vacation
Sunday, 23 Sep 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Sunday, 23 September 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Phoenix Empowerment And Training Retreat in Peterborough
  • Academy of Integrative Health
  • Entrepreneurs & Start-ups - Success Summit - limited free early bird tickets
  • Entrepreneurs & Start-ups - Success Summit - limited free early bird tickets
  • Entrepreneurs & Start-ups – Success Summit - limited free early bird tickets

  • Latest Jobs
    Sorry, there are currently no entries posted here.