Daily-i-Forex-report-1 by EPIC RESEARCH 25 FEB 2013

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    DAILY I FOREX REPORT25

    TH

    EBRUARY 2013

    WWW.EPICRESEARCH.CO +91 9752199966

    http://www.epicresearch.co/http://www.epicresearch.co/http://www.epicresearch.co/
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    WWW.EPICRESEARCH.CO +91 9752199966

    EU Forecasts EconomicContraction In The Euro-Zone In 2013

    US Dollar Ends WeekHigher After FOMC MinutesAnd BOE OutlookDollar May Pull Back Before

    Rally Resumes, S&P 500 AtSupportEuro May Rise as LTRO2Prepayment Offsets German GDPSlump

    The final revision of fourth-quarterGerman GDP figures headlines theeconomic calendar in European hours.Eurozone growth concerns are rife afteryesterdays disappointing PMI dataroundup, meaning a downgrade of theoriginally estimated 0.6 percentcontraction may weigh on the Euro astraders bet deepening recession will

    push the ECB take offsetting measures.Slowing growth has already begun to bepriced into the exchange however,leaving room for a newer offsettingcatalyst 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

    HEADLINES

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    HOURLY EURUSD CHART

    ANALYSIS

    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)

    HOURLY EURUSD CHART

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    HOURLY USDJPY CHART

    ANALYSIS

    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)

    HOURLY USDJPY CHART

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    HOURLY GBPUSD CHART

    ANALYSIS

    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 GBPUSD CHART

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    HOURLY EURGBP CHART

    ANALYSIS

    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)

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    HOURLY EURGBP CHART

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    HOURLY USDINDEX CHART

    ANALYSIS

    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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    Date Time Currency Event Importance Actual Forecast Previous Notes

    SunFeb 17 21:30 NZD Performance ServicesIndex (JAN)

    Low 52.6 51.5

    Mon

    Feb 18

    CNY Actual FDI (YoY)(JAN)

    Medium -4.2% -4.5%

    00:01GBP Rightmove HousePrices (YoY) (FEB)

    Medium 1.1% 2.4%

    00:01GBP Rightmove HousePrices (MoM) (FEB)

    Low 2.8% 0.2%

    00:30AUD New Motor VehicleSales (YoY) (JAN)

    Low 10.8% 17.9%

    00:30 AUD New Motor VehicleSales (MoM) (JAN)

    Low -2.4% 2.2%

    06:00JPY Machine Tool Orders(YoY) (JAN F)

    Medium -26.4% -26.1%

    09:00EUR Bank of SpainPublishes Bad Loans Data(Dec)

    Medium 10.44% 11.38%

    09:00EUR Euro-Zone CurrentAccount s.a. (euros) (DEC)

    Low 13.9B 15.9B

    09:00EUR Euro-Zone CurrentAccount n.s.a. (euros)(DEC)

    Low 27.0B 20.8B

    13:00

    EUR EU President VanRompuy Speaks toParliament on ProposedBudget

    High

    14:30EUR ECB's Draghi Speaksat EU Parliament

    High

    23:50JPY BOJ Minutes forMeeting on Jan. 21-22

    High

    Tue

    Feb 1900:30

    AUD RBA Policy Meeting -February Minutes

    High

    05:00 JPY Leading Index (DEC F) Medium 93.4

    05:00JPY Coincident Index (DECF)

    Low 92.7

    05:30JPY Tokyo DepartmentStore Sales (YoY) (JAN)

    Low -1.1%

    05:30JPY NationwideDepartment Store Sales(YoY) (JAN)

    Low -1.3%

    07:00EUR EU 25 New CarRegistrations (JAN)

    Low -16.3%

    ECONOMIC CALENDER

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    10:00

    EUR German ZEW Survey(Economic Sentiment)(FEB)

    High 35 31.5

    10:00EUR German ZEW Survey(Current Situation) (FEB)

    Medium 9 7.1

    10:00EUR Euro-Zone ZEWSurvey (EconomicSentiment) (FEB)

    Medium 31.2

    10:00EUR Euro-ZoneConstruction Output w.d.a.

    (YoY) (DEC)

    Low -4.7%

    10:00EUR Euro-ZoneConstruction Output s.a.(MoM) (DEC)

    Low -0.4%

    13:30CAD Wholesale Sales(MoM) (DEC)

    Low -0.4% 0.7%

    13:30CAD InternationalSecurities Transactions(Canadian dollar) (DEC)

    Low 6.75B 5.62B

    15:00USD NAHB HousingMarket Index (FEB)

    Low 48 47

    21:45 NZD Producer Prices-Outputs (QoQ) (4Q)

    Low -0.9%

    21:45NZD Producer Prices-Inputs (QoQ) (4Q)

    Low -1.0%

    23:00AUD Conference BoardLeading Index (DEC)

    Medium -0.2%

    23:30AUD Westpac LeadingIndex (MoM) (DEC)

    Low 0.6%

    23:50JPY Merchandise TradeBalance Total (Yen) (JAN)

    Medium -1384.0B -641.5B

    23:50 JPY Merchandise TradeImports (YoY) (JAN)

    Low 2.1 1.9

    23:50JPY Merchandise TradeExports (YoY) (JAN)

    Low 5.6 -5.8

    23:50JPY Adjusted MerchandiseTrade Balance (Yen) (JAN)

    Low -586.7B -800.7B

    Wed

    Feb 20

    USD MortgageDelinquencies (4Q)

    Low 7.4%

    USD MBA MortgageForeclosures (4Q)

    Low 4.1%

    00:30AUD Wage Cost Index(QoQ) (4Q)

    Low 0.8% 0.7%

    00:30AUD Wage Cost Index(YoY) (4Q)

    Low 3.4% 3.7%

    01:30JPY Bank Of Japan BoardMember Morimoto Speaksin Kochi

    Low

    04:30JPY All Industry ActivityIndex (MoM) (DEC)

    Medium 1.6% -0.3%

    07:00EUR German ConsumerPrice Index (YoY) (JAN F)

    High 1.7% 1.7%

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    07:00

    EUR German ConsumerPrice Index - EUHarmonised (YoY) (JAN F)

    High 1.9% 1.9%

    07:00EUR German ProducerPrices (YoY) (JAN)

    Medium 1.2% 1.5%

    07:00EUR German ConsumerPrice Index (MoM) (JAN F)

    Medium -0.5% -0.5%

    07:00EUR German ConsumerPrice Index - EUHarmonised (MoM) (JAN F)

    Medium -0.7% -0.7%

    07:00JPY Convenience StoreSales (YoY) (JAN)

    Low -2.0%

    07:00EUR German ProducerPrices (MoM) (JAN)

    Low 0.3% -0.3%

    09:30GBP Jobless ClaimsChange (JAN)

    High -5.5K -12.1K

    09:30GBP Bank of EnglandReleases Monetary PolicyCommittee Minutes

    High

    09:30GBP ILO Unemployment

    Rate (3M) (DEC)

    Medium 7.7% 7.7%

    09:30GBP Employment Change(3M/3M) (DEC)

    Medium 117K 90K

    09:30GBP Claimant Count Rate(JAN)

    Medium 4.8% 4.8%

    09:30GBP Average WeeklyEarnings (3M/YoY) (DEC)

    Medium 1.4% 1.5%

    09:30GBP Weekly EarningsexBonus (3M/YoY) (DEC)

    Low 1.3% 1.4%

    10:00CHF ZEW Survey

    (Expectations) (FEB)Medium -6.9

    12:00USD MBA MortgageApplications (FEB 15)

    Low -6.4%

    13:30USD Producer Price Index(YoY) (JAN)

    Medium 1.5% 1.3%

    13:30USD Producer Price Index(MoM) (JAN)

    Medium 0.4% -0.3%

    13:30USD Producer Price IndexEx Food & Energy (YoY)(JAN)

    Medium 1.7% 2.0%

    13:30 USD Housing Starts (MoM)(JAN)

    Medium -3.6% 12.1%

    13:30USD Producer Price IndexEx Food & Energy (MoM)(JAN)

    Low 0.2% 0.1%

    13:30 USD Housing Starts (JAN) Low 920K 954K

    13:30USD Building Permits(MoM) (JAN)

    Low 1.2% 1.0%

    13:30USD Building Permits(JAN)

    Low 920K 909K

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    14:00

    CAD Teranet/National BankHP Index (JAN)

    Low 153.45

    14:00CAD Teranet/National BankHPI (YoY) (JAN)

    Low 3.1%

    14:00CAD Teranet/National BankHPI (MoM) (JAN)

    Low -0.2% -0.4%

    15:00EUR Euro-Zone ConsumerConfidence (FEB A)

    Medium -23.2 -23.9

    19:00USD Fed Releases Minutesfrom Jan 29-30 FOMCMeeting

    High

    21:00NZD ANZ NZ Job Ads(MoM) (JAN)

    Low 0.4%

    23:50JPY Japan Buying ForeignStocks (Yen) (FEB 15)

    Low -228.6B

    23:50JPY Japan Buying ForeignBonds (Yen) (FEB 15)

    Low -645.0B

    23:50JPY Foreign Buying JapanStocks (Yen) (FEB 15)

    Low 212.9B

    23:50JPY Foreign Buying JapanBonds (Yen) (FEB 15)

    Low -261.6B

    Thu

    Feb 2100:30

    AUD RBA ForeignExchange Transaction(Australian dollar) (JAN)

    Low 752M

    01:35CNY MNI February FlashBusiness SentimentIndicator

    Low

    02:00CNY Conference BoardChina January LeadingEconomic Index

    Low

    05:00 JPY Supermarket Sales(YoY) (JAN) Low -1.5%

    07:00CHF Trade Balance (Swissfranc) (JAN)

    Medium 1.70B 1.00B

    07:00 CHF Imports (MoM) (JAN) Low 5.5%

    07:00 CHF Exports (MoM) (JAN) Low 0.3% -1.5%

    08:00EUR French PurchasingManager Index Services(FEB P)

    Low 44.4 43.6

    08:00EUR French PurchasingManager IndexManufacturing (FEB P)

    Low 43.8 42.9

    08:00CHF Real Estate IndexFamily Homes (4Q)

    Low 413.1

    08:00CHF Money Supply M3(YoY) (JAN)

    Low 9.8%

    08:30EUR German PurchasingManager Index Services(FEB A)

    Medium 55.5 55.7

    08:30EUR German PurchasingManager Index

    Medium 50.5 49.8

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    Manufacturing (FEB A)

    09:00EUR Euro-Zone PurchasingManager Index Services(FEB A)

    Medium 49 48.6

    09:00EUR Euro-Zone PurchasingManager IndexManufacturing (FEB A)

    Medium 48.5 47.9

    09:00EUR Euro-Zone PurchasingManager Index Composite(FEB A)

    Medium 49 48.6

    09:30 GBP Public Sector NetBorrowing (Pounds) (JAN)

    Medium -9.5B 13.2B

    09:30GBP Public Finances(PSNCR) (Pounds) (JAN)

    Medium -35.0B 1.3B

    09:30GBP PSNB exInterventions (JAN)

    Medium -8.7B 15.4B

    11:00GBP CBI Trends SellingPrices (FEB)

    Low 15 21

    11:00GBP CBI Trends TotalOrders (FEB)

    Low -15 -20

    13:30USD Consumer Price Index(YoY) (JAN)

    High 1.6% 1.7%

    13:30USD Consumer Price IndexEx Food & Energy (YoY)(JAN)

    High 1.8% 1.9%

    13:30USD Initial Jobless Claims(FEB 16)

    Medium 355K 341K

    13:30USD Consumer Price Index(MoM) (JAN)

    Medium 0.1% 0.0%

    13:30USD Consumer Price IndexEx Food & Energy (MoM)

    (JAN)

    Medium 0.2% 0.1%

    13:30USD Continuing Claims(FEB 9)

    Low 3150K 3114K

    13:30USD Consumer Price Indexn.s.a. (JAN)

    Low 230.304 229.601

    13:30USD Consumer Price IndexCore Index s.a. (JAN)

    Low 231.938 231.475

    13:58USD Markit US PMIPreliminary (FEB)

    Medium 55.5

    15:00USD Philadelphia Fed.

    (FEB)Medium 1 -5.8

    15:00USD Leading Indicators(JAN)

    Medium 0.2% 0.5%

    15:00USD Existing Home Sales(MoM) (JAN)

    Medium -0.8% -1.0%

    15:00USD Existing Home Sales(JAN)

    Low 4.90M 4.94M

    15:00USD API Monthly StatisticalReport

    Low

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    15:30

    USD EIA Natural GasStorage Change (FEB 15)

    Low -157

    16:00USD DOE U.S. DistillateInventory (FEB 15)

    Low -3677K

    16:00USD DOE U.S. Crude OilInventories (FEB 15)

    Low 560K

    16:00USD DOE Cushing OKCrude Inventory (FEB 15)

    Low -1118K

    16:00 USD DOE U.S. GasolineInventories (FEB 15)

    Low -803K

    17:30USD Fed's Bullard SpeaksAbout Monetary Policy inNew York

    Low

    18:00USD Fed's Williams Speakson Monetary Policy in NewYork

    Low

    Fri

    Feb 2201:30

    CNY China JanuaryProperty Prices

    Medium

    02:00NZD Credit Card Spendings.a. (MoM) (JAN)

    Medium 1.0%

    02:00NZD Credit Card Spending(YoY) (JAN)

    Medium 4.6%

    02:15USD Fed's Fisher Speakson Economy in Dallas ()

    Low

    07:00EUR German GrossDomestic Product w.d.a.(YoY) (4Q F)

    High 0.4% 0.4%

    07:00EUR German GrossDomestic Product s.a.(QoQ) (4Q F)

    High -0.6% -0.6%

    07:00

    EUR German Gross

    Domestic Product n.s.a.(YoY) (4Q F)

    High 0.1% 0.1%

    07:00EUR German PrivateConsumption (4Q)

    Low 0.1% 0.3%

    07:00 EUR German Imports (4Q) Low -1.0% 1.0%

    07:00EUR German GovernmentSpending (4Q)

    Low 0.2% 0.4%

    07:00 EUR German Exports (4Q) Low -2.0% 1.4%

    07:00EUR German DomesticDemand (4Q)

    Low -0.1% 0.0%

    07:00EUR German ConstructionInvestment (4Q)

    Low -0.8% 1.5%

    07:00EUR German CapitalInvestment (4Q)

    Low -1.3% 0.2%

    09:00EUR German IFO - CurrentAssessment (FEB)

    Medium 108.5 108

    09:00EUR German IFO -Business Climate (FEB)

    Medium 104.9 104.2

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    09:00

    EUR German IFO -Expectations (FEB)

    Medium 101.4 100.5

    10:00EUR EU Issues WinterEconomic Forecasts inBrussels

    Medium

    13:30CAD Consumer Price Index(YoY) (JAN)

    High 0.7% 0.8%

    13:30CAD Bank CanadaConsumer Price Index Core(YoY) (JAN)

    High 1.1% 1.1%

    13:30CAD Retail Sales (MoM)(DEC)

    Medium -0.4% 0.2%

    13:30CAD Consumer Price Index(MoM) (JAN)

    Medium 0.2% -0.6%

    13:30CAD Bank CanadaConsumer Price Index Core(MoM) (JAN)

    Medium 0.2% -0.6%

    13:30CAD Retail Sales LessAutos (MoM) (DEC)

    Low 0.1% -0.3%

    13:30CAD Core CPI s.a. (MoM)

    (JAN)

    Low 0.1%

    13:30CAD Consumer Price Indexs.a. (MoM) (JAN)

    Low -0.1%

    13:30CAD Consumer Price Index(JAN)

    Low 121.2

    15:15USD Fed's Powell,Rosengren Speak in NewYork

    Low

    23:30USD Fed's Tarullo Speakson Regulation in New York

    Low

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