Daily i-Forex Report by www.epicresearch.co 26th February 2013

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips ,mcx gold tips

indore, India (prHWY.com) February 26, 2013 - HEADLINE
 Dollar Sets New Two-Year High, S&P 500 Aiming Lower
 Yen Falls on Reports Abe to Nominate Kuroda to BOJ Governor Post
 Australian Dollar Sold as HSBC Reveals Disappointing China PMI Data

Yen Falls on BOJ Nominee Reports, Euro Eyes Italian Election
The Japanese Yen came under heavy selling pressure overnight, sliding as much 1.1 percent on average against its leading counterparts, amid rumors that Premier Shinzo Abe will nominate Asian Development Bank President Haruhiko Kuroda to take over as the Governor of the Bank of Japan. Kuroda is viewed as a relatively dovish choice, and with him at the helm the central bank will be expected to push forward with aggressive stimulus to realize Abe's anti-deflation crusade. The Nikkei led Asian shares higher on the news, amplifying pressure on the safety-linked.
TRADING TIPS
* BUY EURUSD
ABOVE 1.3255
tgs 1.3275/1.3295
sl 1.3225

* BUY USDJPY
ABOVE 94.30
tgt 94.50/94.70
SL 94.00

* SELL GBPUSD
BELOW 1.5160
tgt 1.5140/1.5120
SL 1.5190

ANALYSIS
HOURLY EURUSD CHART

OPEN: 1.3191
HIGH: 1.3250
LOW: 1.3182
CLOSE: 1.3245

* EURUSD LOOKS UPWARD
* TREND : BULLISH
* STRATEGY: BUY ON DEEPS
* MACD =>-.0007(BULLISH SIGNAL)
* RSI => 65(BULLISH SIGNAL)


ANALYSIS

HOURLY USDJPY CHART

OPEN: 94.23
HIGH: 94.30
LOW: 93.77
CLOSE: 93.86

* USDJPY LOOKS UPWARD
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD => -0.02( BULLISH SIGNAL)
* RSI =>52(BULLISH SIGNAL)

ANALYSIS

HOURLY GBPUSD CHART

OPEN: 1.5095
HIGH: 1.5163
LOW: 1.5054
CLOSE: 1.5138

* GBPUSD LOOKS DOWNWARD
* TREND: BULLISH
* STRATEGY: SELL ON RISE
* MACD => .0002( BEARISH SIGNAL)
* RSI => 41(BEARIISH SIGNAL)

HOURLY EURGBP CHART
OPEN: 0.8738
HIGH: 0.8752
LOW: 0.8710
CLOSE: 0.8744

* EURGBP LOOKS UPWARDS
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD =>-.0001(BULLISH SIGNAL)
* RSI =>65(BULLISH SIGNAL)


HOURLY USDINDEX CHART

OPEN: 81.6130
HIGH: 81.6420
LOW: 81.3140
CLOSE: 81.3300

* USDINDEX LOOKS DOWNWARD
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD =>0.217(BEARISH SIGNAL)
* RSI =>55(BEARISH SIGNAL)

Option tips
Business analyst jobs
Mcx tips
Intraday tips
Intraday trading tips

Epic Research is a leading financial services provider with presence in Indian and other global capital 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.

GET FREE TRIAL +91 731 6642300
Or mail us here: info@epicresearch.co Or visit our site that is http://www.epicresearch.co/
or
http://www.epicresearch.co/images/past_performance/daily-i-forex-report-1.pdf###

Tag Words: mcx gold tips, business analyst jobs, mcx tips, share tips, forex tips, commodity tips

Categories: Business

Press Release Contact
411 Milinda Manor (Suites 409 - 417)
2 RNT Marg Opp Central Mall
Indore (M.P.)

Link To This Press Release:

URL HTML Code