Daily i-Forex Report by www.epicresearch.co 19th March 2013

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Indore, India (prHWY.com) March 19, 2013 - Daily i-Forex Report by www.epicresearch.co 19th March 2013

HEADLINE
 Euro Sinks, Japanese Yen Soars on Cyprus Bank Levy Proposal
 Dollar Finds Support As S&P 500 Swoons On Cyprus Bailout News
 Forex News: Euro Plummets As Cyprus Bailout Stokes Bank Run Fears


* USDJPY LOOKS DOWNWARD
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD => -0.05(BEARISH SIGNAL)
* RSI =>45(BEARISH SIGNAL)






ANALYSIS

HOURLY GBPUSD CHART

OPEN: 1.5102
HIGH: 1.5144
LOW: 1.5072
CLOSE: 1.5125




* GBPUSD LOOKS UPWARD
* TREND: BULLISH
* STRATEGY: BUY ON DEEPS
* MACD => .002( BEARISH SIGNAL)
* RSI =>55(BEARISH SIGNAL)

HOURLY EURGBP CHART
OPEN: 0.8535
HIGH: 0.8574
LOW: 0.8532
CLOSE: 0.8555



* EURGBP LOOKS DOWNWARDS
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD =>-.003(BEARISH SIGNAL)
* RSI =>40(BEARISH SIGNAL)


HOURLY USDINDEX CHART

OPEN: 82.5120
HIGH: 83.8810
LOW: 82.5100
CLOSE: 82.6550



* USDINDEX LOOKS DOWNWARD
* TREND: BEARISH
* STRATEGY: SELL ON RISE
* MACD =>0.79(BEARISH SIGNAL)
* RSI =>54(BEARISH SIGNAL)



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