Daily i Forex Report by Epicresearch 04 April 20131

7/28/2019 Daily i Forex Report by Epicresearch 04 April 20131

1/15

DAILY I FOREX REPORT4

TH

APRIL 2013

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2/15

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USD/JPY Breakout Stalls, Isthe Same in Store forGBP/USD and Gold?

Disappointing UK PMI ForConstruction Briefly DrivesPound LowerEuro Vulnerable On Soft

Inflation Data Ahead OfECB Rate DecisionEuro Runs Slightly Higher on an IMFContribution to the Cyprus Bailout

The Euro received a boost at the end of an otherwisequiet European session, on the announcement thatthe IMF will contribute 1 billion Euros to the Cyprusbailout agreement. It is unclear if the pledge is an

addition to the 10 billion Euro aid already agreedupon, or if the IMF will help contribute to that originalamount. IMF Managing Director Lagarde said she willseek board approval for the aid in early May.

The Euro rose to 1.2835 against the US Dollarfollowing the news, as the Euro had battled to stayabove the 1.2800 line earlier in the session. The1.2820 support line may continue to provide supportfrom here, and the 200 day moving average mayprovide support at 1.2882.

Before the announcement, the Euro-zone annualinflation estimate was reported at a new 2.5 year lowof 1.7%, following 1.8% inflation in February. Theestimated inflation was slightly better than anexpected 1.6% inflation level, and therefore did not

have significant impact on Euro trading.

TRADING TIPS

BUY EURUSD ABOVE

1.2840 tgs

1.2860/1.2880 sl 1.2810

SELL USDJPY BELOW

93.30 tgt 93.10/92.90

SL 93.60

SELL GBPUSD BELOW

1.5075 Tgt

1.5055/1.5035 SL

1.5105

HEADLINES


3/15

HOURLY EURUSD CHART

ANALYSIS

OPEN: 1.2819

HIGH: 1.2838

LOW: 1.2790

CLOSE: 1.2820

EURUSD LOOKS UPWARD

TREND : BULLISH

STRATEGY: BUY ON DIPS MACD =>-.0005(BULLISH SIGNAL)

RSI => 48(BULLISH SIGNAL)

HOURLY EURUSD CHART


4/15

HOURLY USDJPY CHART

ANALYSISOPEN: 93.34

HIGH: 93.69

LOW: 93.32

CLOSE: 93.50

USDJPY LOOKS DOWNWARD

TREND: BEARISH

STRATEGY: SELL ON RISE

MACD => -0.07( BEARISH SIGNAL)

RSI =>53(BEARISH SIGNAL)

HOURLY USDJPY CHART


5/15

HOURLY GBPUSD CHART

ANALYSIS

OPEN: 1.5108

HIGH: 1.5121

LOW: 1.5075

CLOSE: 1.5109

GBPUSD LOOKS DOWNWARD

TREND: BEARISH


MACD => .002( BULLISH SIGNAL)

RSI => 43(BULLISH SIGNAL)

HOURLY GBPUSD CHART


6/15

HOURLY EURGBP CHART

ANALYSIS

OPEN: 0.8484

HIGH: 0.8495

LOW: 0.8469

CLOSE: 0.8484

EURGBP LOOKS UPWARDS

TREND: BULLISH

STRATEGY: BUY ON DEEPS

MACD =>-.003(BULLISH SIGNAL)

RSI =>53(BULLISH SIGNAL)

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HOURLY EURGBP CHART


7/15

HOURLY USDINDEX CHART

ANALYSIS

OPEN: 82.9010

HIGH: 82.0650

LOW: 82.8480

CLOSE: 82.9040

USDINDEX LOOKS DOWNWARD

TREND: BEARISH


MACD =>0.22(BEARISH SIGNAL)

RSI =>51(BEARISH SIGNAL)


8/15

Date Time Currency Event Importance Actual Forecast Previous N

Sun

Mar 3123:50

JPY Tankan LargeManufacturers Outlook(1Q)

High -1 1 -10

23:50JPY Tankan Non-Manufacturing Outlook(1Q)

High 9 11 3

23:50JPY Tankan Large AllIndustry Capex (1Q)

Medium -2.0% 5.0% 6.8%

23:50JPY Tankan LargeManufacturers Index(1Q)

Medium -8 -7 -12

23:50JPY Tankan Non-Manufacturing Index(1Q)

Medium 6 8 4

23:50JPY Loans & DiscountsCorp (YoY) (FEB)

Low 1.42% 1.34%

MonApr 1

01:00CNY ManufacturingPMI (MAR)

High 50.9 51.2 50.1

01:45CNY HSBCManufacturing PMI(MAR)

Medium 51.6 51.6 50.4

04:39

CNY Leading Index

(FEB) Low 100.23 100.50

05:00JPY Vehicle Sales(YoY) (MAR)

Low -15.6% -12.2%

12:58USD Markit US PMIFinal (MAR)

Low 54.6 55.0 54.9

14:00USD ISMManufacturing (MAR)

High 51.3 54.0 54.2

14:00USD ConstructionSpending (MoM) (FEB)

Medium 1.2% 1.0% -2.1%

14:00 USD ISM Prices Paid(MAR) Medium 54.5 60.0 61.5

22:30AUD AiG Performanceof Manufacturing Index(MAR)

Medium 44.4 45.6

23:00AUD RPData-RismarkHouse PX Actual(MAR)

Low 1.3% 0.3%

23:01GBP Lloyds BusinessBarometer (MAR)

Low 20 13

23:50JPY Monetary Base(YoY) (MAR)

Low 19.8% 15.0%

ECONOMIC CALENDER


9/15

TueApr 2

00:00NZD ANZ CommodityPrice (MAR)

Low 7.4% 1.1%

01:30JPY Labor CashEarnings (YoY) (FEB)

Medium -0.7% -0.2% 0.1%

03:30AUD Reserve Bank ofAustralia Rate Decision(APR 2)

High 3.00% 3.00% 3.00%

05:30AUD RBA CommodityIndex SDR (YoY)(MAR)

Low -7.5% -6.5%

05:30AUD RBA CommodityPrice Index (MAR)

Low 87.9 87.9

07:30CHF SVME-PurchasingManagers Index (MAR)

Medium 48.3 50.4 50.8

07:45EUR Italian PurchasingManager IndexManufacturing (MAR)

Low 44.5 45.3 45.8

07:50

EUR FrenchPurchasing ManagerIndex Manufacturing(MAR F)

Low 44.0 43.9 43.9

07:55

EUR GermanPurchasing ManagerIndex Manufacturing(MAR F)

Medium 49.0 48.9 48.9

08:00

EUR Euro-ZonePurchasing ManagerIndex Manufacturing(MAR F)

Medium 46.8 46.6 46.6

08:00EUR ItalianUnemployment Rates.a. (FEB P)

Medium 11.6% 11.8% 11.7%

08:30GBP Mortgage

Approvals (FEB)Medium 51.7K 53.7K 54.2K

08:30GBP Net ConsumerCredit (FEB)

Medium 0.6B 0.4B 0.5B

08:30GBP Net Lending Sec.on Dwellings (FEB)

Medium 0.9B 0.4B 0.3B

08:30GBP PurchasingManager IndexManufacturing (MAR)

Medium 48.3 48.7 47.9

08:30GBP M4 Ex IOFCs 3M

Annualised (FEB)Low 3.1% 5.0% 5.8%

08:30GBP M4 Money Supply

(MoM) (FEB)

Low -0.5% 0.9%

08:30GBP M4 Money Supply(YoY) (FEB)

Low 0.5% -0.8%

09:00EUR Euro-ZoneUnemployment Rate(FEB)

Medium 12.0% 12.0% 12.0%

10:00

EUR ECB's KranjecPresents SloveniaEconomy Outlook,Banks

Low

12:00EUR GermanConsumer Price Index -EU Harmonised (YoY)

High 1.7% 1.8%


10/15

(MAR P)

12:00EUR GermanConsumer Price Index(YoY) (MAR P)

High 1.3% 1.5%

12:00

EUR GermanConsumer Price Index -EU Harmonised (MoM)(MAR P)

Medium 0.3% 0.8%

12:00EUR GermanConsumer Price Index(MoM) (MAR P)

Medium 0.4% 0.6%

13:45USD ISM New York(MAR)

Low 58.8

14:00USD Factory Orders(FEB)

Medium 2.9% -2.0%

14:00USD IBD/TIPPEconomic Optimism(APR) (APR)

Low 45.5 42.2

15:20EUR ECB's CoeureSpeaks in WashingtonDC

Low

17:00

USD Fed's

Kocherlakota Speakson Monetary Policy inNorth Dakota

Low

17:30USD Fed's LockhartSpeaks in Alabama

Low

21:00USD Domestic VehicleSales (MAR)

Low 12.04M 11.99M

21:00USD Total VehicleSales (MAR)

Low 15.30M 15.33M

23:01GBP BRC Shop PriceIndex (YoY) (MAR)

Low 1.10%

23:30

USD Fed's Evans,Lacker Speak onMonetary Policy inRichmond

Low

Wed

Apr 300:00

AUD HIA New HomeSales (MoM) (FEB)

Medium 4.2%

GBP Halifax HousePrice (3MoY) (MAR)

Low 1.1% 1.9%

GBP Halifax Plc HousePrices s.a. (MoM)(MAR)

Low 0.2% 0.5%

00:30AUD Trade Balance(Australian dollar)(FEB)

Medium -1000M -1057M

01:00CNY Non-manufacturing PMI(MAR)

Medium 54.5

01:45CNY HSBC ServicesPMI (MAR)

Medium 52.1

08:30GBP PurchasingManager IndexConstruction (MAR)

Medium 48.0 46.8


11/15

09:00

EUR Euro-ZoneConsumer Price IndexEstimate (YoY) (MAR)

Medium 1.6% 1.8%

11:00USD MBA Mortgage

Applications (MAR 29)Low 7.7%

12:15USD ADP EmploymentChange (MAR)

Medium 200K 198K

14:00USD ISM Non-ManufacutringComposite (MAR)

Medium 55.6 56

14:30USD DOE Cushing OKCrude Inventory (MAR29)

Low 439K

14:30USD DOE U.S. CrudeOil Inventories (MAR29)

Low 2250K 3256K

14:30USD DOE U.S.Distillate Inventory(MAR 29)

Low -750K -4513K

14:30USD DOE U.S.Gasoline Inventories(MAR 29)

Low -1000K -1596K

19:30USD Fed's WilliamsSpeaks on MonetaryPolicy in Los Angeles

Low

21:00USD Fed's Bullard toIntroduce Lecture in St.Louis

Low

22:30AUD AiG Performanceof Service Index (MAR)

Medium 48.5

23:50JPY Foreign BuyingJapan Bonds (Yen)(MAR 29)

Low -975.2B

23:50

JPY Foreign Buying

Japan Stocks (Yen)(MAR 29)Low -267.6B

23:50JPY Japan BuyingForeign Bonds (Yen)(MAR 29)

Low -490.5B

23:50JPY Japan BuyingForeign Stocks (Yen)(MAR 29)

Low -640.2B

Thu

Apr 4

JPY Bank of JapanRate Decision (APR 4)

High 0.10% 0.10%

00:30AUD BuildingApprovals (YoY) (FEB)

Medium 14.3% 9.9%

00:30AUD Retail Sales s.a.(MoM) (FEB)

Medium 0.3% 0.9%

00:30AUD BuildingApprovals (MoM) (FEB)

Low 2.5% -2.4%

07:45EUR Italian PurchasingManager IndexServices (MAR)

Low 43.5 43.6

07:50

EUR FrenchPurchasing ManagerIndex Services (MARF)

Low 41.9 41.9


12/15

07:55

EUR GermanPurchasing ManagerIndex Services (MARF)

Medium 51.6 51.6

08:00

EUR Euro-ZonePurchasing ManagerIndex Composite (MARF)

Medium 46.5 46.5

08:00

EUR Euro-ZonePurchasing ManagerIndex Services (MARF)

Medium 46.5 46.5

08:30GBP PurchasingManager IndexServices (MAR)

Medium 51.5 51.8

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

Low -$1333M

09:00EUR Euro-ZoneProducer Price Index(YoY) (FEB)

Medium 1.4% 1.9%

09:00EUR Euro-ZoneProducer Price Index(MoM) (FEB)

Low 0.2% 0.6%

11:00 GBP BOE AssetPurchase Target (APR)

High 375B 375B

11:00GBP Bank of EnglandRate Decision (APR 4)

High 0.50% 0.50%

11:30USD Challenger JobCuts (YoY) (MAR)

Low 7.0%

11:30USD RBC ConsumerOutlook Index (APR)

Low 47.1

11:45EUR European CentralBank Rate Decision(APR 4)

High 0.75% 0.75%

11:45EUR ECB DepositFacility Rate (APR 4)

Medium 0.00% 0.00%

12:30USD Initial JoblessClaims (MAR 30)

Medium 353K 357K

12:30USD Continuing Claims(MAR 23)

Low 3065K 3050K

12:45USD Fed's Evans,Lockhart Speak onMonetary Policy in Ohio

Low

14:30USD EIA Natural GasStorage Change (MAR29)

Low -95

16:30USD Fed's GeorgeSpeaks on Economy inOklahoma

Low

21:00USD Fed's YellenSpeaks in Washington

Low

23:50JPY Official Reserve

Assets (MAR)Low $1258.8B

Fri

Apr 5

GBP New CarRegistrations (YoY)(MAR)

Low 7.9%


13/15

05:00

JPY Bank of Japan'sMonthly EconomicReport for April (Table)

Medium

05:00JPY Leading Index(FEB P)

Medium 97.3 95

05:00JPY Coincident Index(FEB P)

Low 91.9 91.6

07:00CHF Foreign CurrencyReserves (MAR)

Low 427.0B 430.0B

08:00EUR Italian Deficit toGDP (YTD) (4Q)

Medium 3.7%

09:00EUR Euro-Zone RetailSales (YoY) (FEB)

High -1.2% -1.3%

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

Medium -0.4% 1.2%

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

Medium -1.5% -2.5%

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

(FEB)

Low 1.1% -2.5%

12:30CAD Net Change inEmployment (MAR)

High 5.0K 50.7K

12:30CAD UnemploymentRate (MAR)

High 7.0% 7.0%

12:30USD Change in Non-farm Payrolls (MAR)

High 199K 236K

12:30USD UnemploymentRate (MAR)

High 7.7% 7.7%

12:30

CAD Full Time

Employment Change(MAR)Medium 33.6

12:30USD Average HourlyEarnings All Employees(MoM) (MAR)

Medium 0.2% 0.2%

12:30USD Average HourlyEarnings All Employees(YoY) (MAR)

Medium 2.0% 2.1%

12:30USD Change inHouseholdEmployment (MAR)

Medium 170

12:30USD Change in PrivatePayrolls (MAR)

Medium 203K 246K

12:30USD Trade Balance(FEB)

Medium -$44.6B -$44.4B

12:30USD Two-MonthPayroll Net Revision(MAR)

Medium -15K

12:30USD UnderemploymentRate (U6) (MAR)

Medium 14.3%

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

Low 0.10B -0.24B


14/15

12:30

CAD Part TimeEmployment Change(MAR)

Low 17.2

12:30CAD Participation Rate(MAR)

Low 66.7 66.7

12:30USD Average WeeklyHours All Employees(MAR)

Low 34.5 34.5

12:30USD Change inManufacturing Payrolls(MAR)

Low 10K 14K

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

Medium 52.2 51.1

19:00USD Consumer Credit(FEB)

Medium $15.000B $16.151B

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15/15

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Daily i Forex Report by Epicresearch 04 April 20131

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