Daily i-ForexReport by http://www.epicresearch.co 30th January 2013

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indore, India (prHWY.com) January 30, 2013 - HEADLINE
 Forex News: Euro Declines Despite Improved German Consumer Confidence
 FOREX: New Zealand Unemployment And CPI Could Make Rate Hike Unlikely
 Forex Analysis: US Dollar Chart Setup Warns Of A Turn Lower

Forex Analysis: Forex: EURUSD - Trading the Advance 4Q U.S. GDP Report
The advanced GDP report is expected to show the 1.1% in the fourth-quarter, and the slower rate of growth may dampen the appeal of the U.S. dollar as itfuels bets for additional monetary support. However, as a growing number of Fed officials highlight a more broad-based recovery, a positive development may spark a short-term rally in the reserve currency, and wmay see the central bank scale back its willingness to expand the balance sheet further as the outlook for growth and inflation picks up.


 TRADING TIPS

 SELL EURUSD BELOW
1.3425 tgs
1.3410/1.3395 sl
1.3445



 SELL GBPUSD BELOW

1.5690 tgt
1.5675/1.5660
SL 1.5710


 SELL EURGBP ABOVE

.8545 tgt
.8530/.8515
SL .8565

ANALYSIS
HOURLY EURUSD CHART
OPEN: 1.3447
HIGH: 1.3461
LOW: 1.3428
CLOSE: 1.3445

* EURUSD LOOKS DOWNWARD
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD =>. -0005(BEARISH SIGNAL)
* RSI => 45.06(BEARISH SIGNAL)




ANALYSIS

HOURLY USDJPY CHART
OPEN: 90.44
HIGH: 91.02
LOW: 90.43
CLOSE: 90.66


* USDJPY LOOKS DOWNWARD
* TREND: BULLISH
* STRATEGY: BUY ON DIPS
* MACD => 0000( BULLISH SIGNAL)
* RSI =>52(BULLISH SIGNAL)
Epic Research is a leading financial services provider with presence in Indian and other global c0apital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips. Share Tips We provide services in equity, commodity and Forex market.

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