Daily i-Forex Report by www.epicresearch.co 28th January 2013

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Indore, IN (prHWY.com) January 28, 2013 -  Forex News: Euro
Continues Rally On Positive
German Economic
Expectations

 Forex Analysis: Euro Looks
To ECB LTRO Repayment
For Direction Cues

 Forex News: UK Economy
Enters Triple Dip
Recession, Sterling Erases
Gains

Forex News: Euro
Continues Rally on
Positive German
Economic Expectations

The IFO German business climate survey rose to a
seven month high in January, as the survey of
expectations showed a positive result for the first time
in eight months. The business climate survey was
reported at 104.2, higher than an expected 103.0 result
and better than December's 102.4 survey. The
expectations survey rose to an unexpected 100.5, while
the business climate survey was reported at 108.0.


 TRADING TIPS

 Buy EURUSD above
1.3465 tgs
1.3480/1.3505 sl
1.3440
 BUY USDJPY ABOVE
91.05 tgt 91.20 SL
90.95
 SELL GBPUSD BELOW
1.5755 tgt
1.5740/1.5725

ANALYSIS
OPEN: 53.6600
HIGH: 53.8925
LOW: 53.5900
CLOSE: 53.6950
* USD/INR LOOKS SIDEWAYS
* TREND: CONSOLIDATED
* STRATEGY: BUY ON DIPS




ANALYSIS


OPEN: 1.3368

HIGH: 1.3465

LOW: 1.3350

CLOSE: 1.3460

* EURUSD LOOKS UPWARDS

* TREND: BULLISH

* STRATEGY: BUY ON DIPS

* MACD =>.0066(BULLISH SIGNAL)

* RSI =>70(BULLISH SIGNAL)


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