daily i forex report 19 aug 2013

7/27/2019 Daily i Forex Report 19 Aug 2013

1/15


2/15

Forex: Dow Threatens Collapse, But WillThe Dollar Be So Lucky? Currency Markets Brace for Impact asTaper Speculation Heats Up

Why the Dollar Will Surge if the Dows Slide Accelerates

Its a relationship that has many FX traders scratching their heads. The Dow JonesIndustrial Average has marked a painfully-obvious technical breakdown, and yet therenowned safe haven US dollar is still threatening to collapse into plunge itself. Yet,dont position for AUDUSD and GBPUSD rallies just yet...

Euro Fails to Gain Despite Improved GDP Will PMIs Revive Optimism?

The Euro continues to enjoy a swell of better than expected economic data, yet signof a nascent recovery across the worlds largest single market have yet to fuel anuptick in the currency. Is the lack of a bullish response by the Euro concerning? Wethink so.

Yen to Face Growth Concerns Will the BoJ Halt the Bullish Trend?

The Japanese Yen slipped this past week as concerns over Abenomics and taxpolicy heated up as the worlds third-largest countrys debt level jumped past 1

quadrillion (roughly $10.3 trillion). Will a new sales tax hurt the Japanese recovery,and if so, what does that mean for the Yen?

Australian Dollar Rebound Threatened Amid Fed Policy Speculation

The Australian Dollar still looks primed to correct higher but the move may be throwoff-course as speculation about the direction of Fed policy heats up.

Gold Surpasses July High as Stocks RetreatWhats Next?

Gold surged on Thursday amid a mini-US Dollar crash. With concerns over the FedQE3 taper at an inflection point, we find that Gold might consolidate after such a

strong short-term reversal.

TRADING TIPSSELL EURUSD BELOW

1.3310 TGT 1.3290/1.3260

SL 1.3340

BUY USDJPY ABOVE 97.80

TGT 98.00/98.30 SL 97.50

BUY GBPUSD ABOVE

1.5640 TGT 1.5660/1.5680

SL 1.5610

HEADLINES


3/15

HOURLY EURUSD CHARTHOURLY EURUSD CHART

ANALYSIS

EURUSD LOOKS DOWNWARD

TREND: BEARISH

STRATEGY: SELL ON RISE

MACD =>.0003(BEARISH SIGNAL)

RSI => 49(BEARISH SIGNAL)


4/15

HOURLY USDJPY CHART

ANALYSIS

USDJPY LOOKS UPWARD

TREND: BULLISH

STRATEGY: BUY ON DIPS

MACD =>.10(BULLISH SIGNAL)

RSI =>48(BULLISH SIGNAL)


5/15


6/15


7/15

HOURLY USD INDEX CHART

ANALYSIS

USD INDEX LOOKS UPWARD

TREND: BULLISH

STRATEGY: BUY ON DIPS

MACD =>.0001(BULLISH SIGNAL)

RSI =>49(BULLISH SIGNAL)


8/15

Date Time Currency Event Importance Actual Forecast Previous N

SunAug 4

23:30AiG Performance ofServices Index

Medium 39.4 41.5

MonAug 5 00:30 AUD TD SecuritiesInflation (YoY) (JUL) Medium 2.7% 2.4%

00:30AUD TD SecuritiesInflation (MoM) (JUL)

Low 0.5% 0.0%

01:00NZD ANZ CommodityPrice (JUL)

Low 0.6% -3.7%

01:30AUD Retail Sales s.a.(MoM) (JUN)

Medium 0.0% 0.4% 0.2%

01:30AUD Retail Sales ExInflation(QoQ) (2Q)

Low 0.0% -0.1% 2.0%

01:45

CNY HSBC/Markit

Services PMI (JUL) Medium 51.3 51.3

06:00CHF UBS Real EstateBubble Index (2Q)

Medium 1.20 1.17

07:45EUR Italian PurchasingManager IndexServices (JUL)

Low 48.7 46.5 45.8

07:50EUR FrenchPurchasing ManagerIndex Services (JUL F)

Low 48.6 48.3 48.3

07:55EUR GermanPurchasing ManagerIndex Services (JUL F)

Medium 51.3 52.5 52.5

08:00

EUR Euro-ZonePurchasing ManagerIndex Composite (JULF)

Medium 50.5 50.4 50.4

08:00EUR Euro-ZonePurchasing ManagerIndex Services (JUL F)

Medium 49.8 49.6 49.6

08:30EUR Euro-Zone SentixInvestor Confidence(AUG)

Medium -4.9 -10.0 -12.6

08:30GBP PurchasingManager IndexServices (JUL)

Medium 60.2 57.4 56.9

08:30GBP Official Reserves(Changes) (JUL)

Low $1672M -$1871M

09:00 EUR Euro-Zone RetailSales (YoY) (JUN) Medium -0.9% -1.3% 0.3%

09:00EUR Euro-Zone RetailSales (MoM) (JUN)

Low -0.5% -0.7% 1.1%

14:00USD ISM Non-ManufacturingComposite (JUL)

Medium 56.0 53.1 52.2

15:45USD Fed's FisherSpeaks on theEconomy in Oregon

Low

21:00USD EIA Gasoline andDiesel Fuel Update

Low

ECONOMIC CALLENDER


9/15

22:00NZD ANZ TruckometerHeavy (MoM) (JUL)

Low 9.6% -7.8%

23:01GBP BRC Sales Like-For-Like (YoY) (JUL)

Low 2.2% 2.0% 1.4%

Tue

Aug 601:30

AUD Trade Balance(Australian dollar)(JUN)

Medium 602M 804M 507M

01:30AUD ANZ JobAdvertisements (MoM)(JUL)

Low -1.1% -1.6%

01:30AUD House Price Index(QoQ) (2Q)

Low 2.4% 1.0% 0.8%

01:30AUD House Price Index(YoY) (2Q)

Low 5.1% 3.0% 3.3%

04:30LIVE

AUD Reserve Bank ofAustralia Rate Decision(AUG 6)

High 2.50% 2.50% 2.75%

05:00JPY Coincident Index(JUN P)

Medium 105.2 105.1 106.0

05:00JPY Leading Index(JUN P)

Medium 107.0 107.3 110.7

07:00GBP Halifax HousePrice (3MoY) (JUL)

Low 4.6% 4.3% 3.7%

07:00GBP Halifax Plc HousePrices s.a. (MoM) (JUL)

Low 0.9% 0.5% 0.7%

08:02GBP New CarRegistrations (YoY)(JUL)

Low 12.7% 13.4%

08:30GBP IndustrialProduction (YoY) (JUN)

Medium 1.2% 0.8% -2.3%

08:30GBP ManufacturingProduction (YoY) (JUN)

Medium 2.0% 1.0% -2.9%

08:30GBP IndustrialProduction (MoM)(JUN)

Low 1.1% 0.7% 0.0%

08:30GBP ManufacturingProduction (MoM)(JUN)

Low 1.9% 1.0% -0.7%

09:00LIVE

EUR Italian GrossDomestic Product s.a.and w.d.a. (YoY) (2Q P)

Medium -2.0% -2.2% -2.4%

09:00LIVE

EUR Italian GrossDomestic Product s.a.and w.d.a. (QoQ) (2QP)

Low -0.2% -0.4% -0.6%

10:00EUR German FactoryOrders n.s.a. (YoY)(JUN)

Medium 4.3% 0.3% -2.0%

10:00EUR German FactoryOrders s.a. (MoM)(JUN)

Low 3.8% 1.0% -0.5%

12:30USD Trade Balance(JUN)

Medium -$43.5B -$45.0B

12:30CAD InternationalMerchandise Trade(Canadian dollar) (JUN)

Low -0.51B -0.30B

14:00GBP NIESR GrossDomestic ProductEstimate (JUL)

High 0.6%

14:00USD IBD/TIPPEconomic Optimism(AUG)

Low 47.5 47.1


10/15

14:00USD JOLTs JobOpenings (JUN)

Low 3895 3828

17:00USD Fed's Evansspeaks to reporters inChicago

Low

22:45NZD UnemploymentRate (2Q)

High 6.3% 6.2%

22:45NZD EmploymentChange (YoY) (2Q)

Medium 0.7% 0.3%

22:45NZD Average HourlyEarnings (QoQ) (2Q)

Low 0.6% 1.0%

22:45NZD EmploymentChange (QoQ) (2Q)

Low 0.3% 1.7%

22:45NZD Private Wages incOvertime (QoQ) (2Q)

Low 0.5% 0.3%

22:45NZD Participation Rate(QoQ) (2Q)

Low 67.9% 67.8%

22:45NZD Private Wages exOvertime (QoQ) (2Q)

Low 0.5% 0.4%

23:30AUD AiG Performanceof Construction Index(JUL)

Medium 39.5

23:50JPY Official ReserveAssets (JUL)

Low $1238.7B

Wed

Aug 701:30

AUD Home Loans(JUN)

Medium 2.0% 1.8%

01:30AUD Value of Loans(MoM) (JUN)

Medium 2.3%

01:30AUD InvestmentLending (JUN)

Low 1.5%

05:45CHF SECO ConsumerConfidence (JUL)

Medium -1 -5

07:00CHF Foreign CurrencyReserves (JUL)

Low 431.0B 434.8B

07:15CHF CPI - EUHarmonised (YoY)(JUL)

Medium 0.2%

07:15CHF Consumer PriceIndex (YoY) (JUL)

Medium -0.1% -0.1%

07:15CHF CPI - EUHarmonised (MoM)(JUL)

Low 0.2%

07:15CHF Consumer PriceIndex (MoM) (JUL)

Low -0.4% 0.1%

08:30GBP LloydsEmploymentConfidence (JUL)

Low -33

09:30LIVE

GBP Bank of EnglandInflation Report

High

10:00EUR German IndustrialProduction n.s.a. andw.d.a. (YoY) (JUN)

Medium -0.3% -1.0%

10:00EUR German IndustrialProduction s.a. (MoM)(JUN)

Low 0.3% -1.0%


11/15

11:00USD MBA MortgageApplications (AUG 2)

Low -3.7%

12:30CAD Building Permits(MoM) (JUN)

Medium -1.2% 4.5%

14:00CAD Ivey PurchasingManagers Index s.a.(JUL)

Medium 56.0 55.3

14:30USD DOE Cushing OKCrude Inventory (AUG2)

Low -1904K

14:30USD DOE U.S. CrudeOil Inventories (AUG 2)

Low 431K

14:30USD DOE U.S.Distillate Inventory(AUG 2)

Low -466K

14:30USD DOE U.S.Gasoline Inventories(AUG 2)

Low 770K

16:30USD Fed's PlosserSpeaks on Economy inWashington

Low

17:40USD Fed's PianaltoSpeaks on MonetaryPolicy in Cleveland

Low

19:00USD Consumer Credit(JUN)

Medium $15.000B $19.615B

23:50JPY Bank Lending inclTrusts (YoY) (JUL)

Medium 1.9% 1.9%

23:50JPY Japan BuyingForeign Bonds (Yen)(AUG 2)

Medium 233.2B

23:50JPY Japan BuyingForeign Stocks (Yen)(AUG 2)

Medium -154.9B

23:50JPY Trade Balance -BOP Basis (Yen) (JUN)

Medium -128.7B -906.7B

23:50JPY Adjusted CurrentAccount Total (Yen)(JUN)

Low 727.3B 623.3B

23:50JPY Bank LendingBanks ex-Trust (JUL)

Low 2.2%

23:50JPY BoP CurrentAccount Balance (YoY)(JUN)

Low -3.5% 58.1%

23:50JPY Current AccountTotal (Yen) (JUN)

Low 396.5B 540.7B

23:50JPY Foreign BuyingJapan Bonds (Yen)(AUG 2)

Low -430.3B

23:50JPY Foreign BuyingJapan Stocks (Yen)(AUG 2)

Low -61.8B

23:50JPY Housing Loans(YoY) (2Q)

Low 3.2%

Thu

Aug 8

JPY Bank of JapanMonetary PolicyStatement

High

JPY Bank of JapanRate Decision (AUG 8)

High

CNY Trade Balance(JUL)

Medium $25.90B $27.12B


12/15

JPY BOJ 2014Monetary Base Target(AUG 8)

Medium 270T

USD MBA MortgageForeclosures (2Q)

Low 3.6%

USD MortgageDelinquencies (2Q)

Low 7.3%

CNY Exports (YoY)(JUL)

Low 1.5% -3.1%

CNY Imports (YoY)(JUL)

Low 1.0% -0.7%

00:00NZD QV House Prices(YoY) (JUL)

Low 7.6%

01:30AUD EmploymentChange (JUL)

High 6.0K 10.3K

01:30AUD UnemploymentRate (JUL)

High 5.8% 5.7%

01:30AUD Full TimeEmployment Change(JUL)

Medium -4.4K

01:30AUD Part TimeEmployment Change(JUL)

Low 14.8K

01:30AUD Participation Rate(JUL)

Low 65.3% 65.3%

02:00JPY Tokyo Avg OfficeVacancies (JUL)

Low 8.46

04:30JPY Bankruptcies(YoY) (JUL)

Medium -8.0%

05:00JPY Eco WatchersSurvey: Outlook (JUL)

Medium 54.1 53.6

05:00JPY Eco WatchersSurvey: Current (JUL)

Low 53.5 53

05:45CHF UnemploymentRate (JUL)

Medium 2.9% 2.9%

05:45CHF UnemploymentRate s.a. (JUL)

Medium 3.2% 3.2%

06:00EUR German TradeBalance (euros) (JUN)

Medium 15.0B 13.1B

06:00EUR German CurrentAccount (euros) (JUN)

Low 17.0B 11.2B

06:00EUR German Exportss.a. (MoM) (JUN)

Low 1.0% -2.4%

06:00EUR German Importss.a. (MoM) (JUN)

Low 0.0% 1.7%

06:30AUD Foreign Reserves(Australian dollar) (JUL)

Low A$51.9B

08:00EUR ECB PublishesMonthly Report

High

12:30CAD New HousingPrice Index (YoY)(JUN)

Medium 1.8%


13/15

12:30USD Initial JoblessClaims (AUG 3)

Medium 335K 326K

12:30CAD New HousingPrice Index (MoM)(JUN)

Low 0.1%

12:30USD Continuing Claims(JUL 27)

Low 2951K

14:30USD EIA Natural GasStorage Change (AUG2)

Low 59

22:45NZD NZ Card Spending(MoM) (JUL)

Medium 1.2%

22:45NZD Card Spending -Retail (MoM) (JUL)

Low 0.4% 1.1%

23:50JPY Tertiary IndustryIndex (MoM) (JUN)

Medium -0.4% 1.2%

23:50JPY Japan MoneyStock M2+CD (YoY)(JUL)

Low 3.8% 3.8%

23:50JPY Japan MoneyStock M3 (YoY) (JUL)

Low 3.1% 3.0%

Fri

Aug 901:30

CNY Consumer PriceIndex (YoY) (JUL)

High 2.8% 2.7%

01:30CNY Producer PriceIndex (YoY) (JUL)

Medium -2.1% -2.7%

05:00JPY Bank of Japan'sMonthly EconomicReport for August

Medium

05:00JPY ConsumerConfidence Index (JUL)

Medium 45.0 44.3

05:30CNY Fixed Assets ExRural YTD (YoY) (JUL)

Medium 20.0% 20.1%

05:30CNY IndustrialProduction YTD (YoY)(JUL)

Medium 9.3%

05:30CNY IndustrialProduction (YoY) (JUL)

Medium 8.8% 8.9%

05:30CNY Retail Sales YTD(YoY) (JUL)

Medium 12.7%

05:30CNY Retail Sales (YoY)(JUL)

Medium 13.4% 13.3%

08:30GBP Total TradeBalance (Pounds)(JUN)

Medium -2350 -2435

08:30GBP ConstructionOutput s.a. (MoM)(JUN)

Low 0.0%

08:30GBP ConstructionOutput s.a. (YoY) (JUN)

Low -4.8%

08:30GBP Trade BalanceNon EU (Pounds)(JUN)

Low -4093

08:30GBP Visible TradeBalance (Pounds)(JUN)

Low -8500 -8491

12:15CAD Housing Starts(JUL)

Medium 191.0K 199.6K


14/15

12:30CAD Net Change inEmployment (JUL)

High 6.0K -0.4K

12:30CAD UnemploymentRate (JUL)

High 7.1% 7.1%

12:30CAD Full TimeEmployment Change(JUL)

Medium -32.4

12:30CAD Part TimeEmployment Change(JUL)

Low 32.2

12:30CAD Participation Rate(JUL)

Low 66.7

14:00USD WholesaleInventories (JUN)

Medium 0.4% -0.5%

14:00USD Wholesale TradeSales (MoM) (JUN)

Low 0.7% 1.6%


15/15

Disclaimer

The information and views in this report, our website & all the service we provide are believed to be reliable, but w

do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product

that suits them the most.

Sincere efforts have been made to present the right investment perspective. The information contained herein

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 no

provide individually tailor-made investment advice. Epic research recommends that investors independently evaluat

particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic researc

shall not be responsible for any transaction conducted based on the information given in this report, which is i

violation of rules and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herei

together with all estimates and forecasts, can change without notice. Analyst or any person related to epic researc

might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the sit

has done so at his free will and does not read any views expressed as a recommendation for which either the si

or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptanc

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 lo

incurred whatsoever for any financial profits or loss which may arise from the recommendations above ep

research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid O

Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or An

Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Seriou

Legal Actions can be taken.

daily i forex report 19 aug 2013

Documents