Daily-i-Forex-report-1 by EPIC RESEARCH 26 FEB 2013

7/29/2019 Daily-i-Forex-report-1 by EPIC RESEARCH 26 FEB 2013

1/17

DAILY I FOREX REPORT26

TH

FEBRUARY 2013

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2/17

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Dollar Sets New Two-YearHigh, S&P 500 AimingLower

Yen Falls on Reports Abe toNominate Kuroda to BOJGovernor PostAustralian Dollar Sold as

HSBC RevealsDisappointing China PMIDataYen Falls on BOJ Nominee Reports,Euro Eyes Italian Election

The Japanese Yen came under heavyselling pressure overnight, sliding asmuch 1.1 percent on average against itsleading counterparts, amid rumors thatPremier Shinzo Abe will nominate AsianDevelopment Bank President HaruhikoKuroda to take over as the Governor ofthe Bank of Japan. Kuroda is viewed asa relatively dovish choice, and with him

at the helm the central bank will beexpected to push forward withaggressive stimulus to realize Abesanti-deflation crusade. The Nikkei ledAsian 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

HEADLINES


3/17

HOURLY EURUSD CHART

ANALYSIS

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)

HOURLY EURUSD CHART


4/17

HOURLY USDJPY CHART

ANALYSIS

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)

HOURLY USDJPY CHART


5/17

HOURLY GBPUSD CHART

ANALYSIS

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 GBPUSD CHART


6/17

HOURLY EURGBP CHART

ANALYSIS

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)

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HOURLY EURGBP CHART


7/17

HOURLY USDINDEX CHART

ANALYSIS

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)


8/17

Date Time Currency Event Importance Actual Forecast Previous Notes

Mon

Feb 2501:45

CNY HSBC FlashManufacturing PMI(FEB)

Medium 50.4 52.2 52.3

09:30GBP BBA Loans forHouse Purchase (JAN)

Medium 32288 34000 33440

10:00EUR Italy to Sell 2014Bonds and 2021, 2026I/L Bonds

Medium

13:30USD Chicago Fed NatActivity Index (JAN)

Medium 0.02

14:00EUR Italian VotingEnds, Exit Polls to beReleased

High

15:30USD Dallas FedManufacturing Activity(FEB)

Low 3.0 5.5

21:15

RBA AssistantGovernor DebelleAddresses BusinessSchool

Low

Tue

Feb 26

AUD APEC Financeand Central BankDeputies' Meeting

Medium

00:00

USD Fed's Lockhart

Speaks on Economy inTennessee Low

GBP HometrackHousing Survey (YoY)(FEB)

Low -0.3%

GBP HometrackHousing Survey (MoM)(FEB)

Low 0.0%

02:00

NZD Reserve Bank ofNew Zealand 2-YearInflation Expectation(1Q)

High 2.3%

05:00

JPY Small Business

Confidence (FEB)Medium

44.3

11:00GBP CBI ReportedSales (FEB)

Low 16 17

14:00USD House PricePurchase Index (QoQ)(4Q)

Medium 1.1%

14:00USD House Price Index(MoM) (DEC)

Medium 0.6% 0.6%

14:00USD S&P/Case-ShillerUS Home Price Index(YoY) (4Q)

Low 7.00% 3.64%

ECONOMIC CALENDER


9/17

14:00

USD S&P/Case-ShillerUS Home Price Index(4Q)

Low 135.67

14:00USD S&P/Case-ShillerHome Price Index(DEC)

Low 145.82

14:00USD S&P/Case-ShillerComposite-20 (YoY)(DEC)

Low 6.6% 5.52%

14:00USD S&P/CS 20 Citys.a. (MoM) (DEC)

Low 0.6% 0.63%

15:00USD Fed's BernankeTestifies at SenateBanking Committee

High

15:00USD ConsumerConfidence (FEB)

High 62 58.6

15:00USD New Home Sales(MoM) (JAN)

Medium 3.0% -7.3%

15:00USD Richmond FedManufacturing Index(FEB)

Low -3 -12

15:00 USD New Home Sales(JAN)Low 380K 369K

21:45NZD Trade Balance(New Zealand dollars)(JAN)

Medium 125M 486M

21:45NZD Balance (YTD)(New Zealand dollars)(JAN)

Medium -897M -1208M

21:45NZD Net Migration s.a.(JAN)

Low 0

21:45NZD Imports (NewZealand dollars) (JAN)

Low 3.50B 3.58B

21:45NZD Exports (NewZealand dollars) (JAN)

Low 3.60B 4.07B

23:50JPY Retail Trade (YoY)(JAN)

Medium -1.6% 0.3%

23:50JPY Large Retailers'Sales (JAN)

Medium -0.8% 0.1%

23:50JPY Retail Trade(MoM) (JAN)

Low 0.8% 0.0%

Wed

Feb 2700:30

AUD ConstructionWork Done (4Q)

Low 1.5% 1.7%

07:00EUR German GfKConsumer ConfidenceSurvey (Mar)

Medium 5.9 5.8

07:00CHF UBS ConsumptionIndicator (JAN)

Medium 1.34

07:00EUR German ImportPrice Index (YoY)(JAN)

Low -0.4% 0.3%

07:00EUR German ImportPrice Index (MoM)(JAN)

Low 0.5% -0.5%


10/17

08:00

CHF KOF SwissLeading Indicator (FEB)

Medium 1.00 1.05

09:00EUR Euro-Zone M3s.a. (YoY) (JAN)

Low 3.2% 3.3%

09:30GBP Gross DomesticProduct (YoY) (4Q P)

High 0.0% 0.0%

09:30GBP Gross DomesticProduct (QoQ) (4Q P)

High -0.3% -0.3%

09:30 GBP Total BusinessInvestment (YoY) (4QP)

Medium 5.1%

09:30GBP Gross FixedCapital Formation (4QP)

Low 0.2% -0.2%

09:30GBP GovernmentSpending (4Q P)

Low 0.1% 0.8%

09:30 GBP Exports (4Q P) Low -0.6% 1.2%

09:30GBP Total BusinessInvestment (QoQ) (4Q

P)

Low 3.8%

09:30GBP PrivateConsumption (4Q P)

Low -0.1% 0.4%

09:30GBP Index of Services(MoM) (DEC)

Low 0.0% 0.0%

09:30GBP Index of Services(3Mo3M) (DEC)

Low 0.1% 0.6%

09:30 GBP Imports (4Q P) Low 0.0% -0.4%

10:00

EUR Euro-Zone

Economic Confidence(FEB)Medium 89.9 89.2

10:00EUR Euro-ZoneServices Confidence(FEB)

Low -8.8 -8.8

10:00EUR Euro-ZoneIndustrial Confidence(FEB)

Low -13.1 -13.9

10:00EUR Euro-ZoneConsumer Confidence(FEB F)

Low -23.6 -23.6

10:00EUR Euro-ZoneBusiness Climate

Indicator (FEB)

Low -1.02 -1.09

12:00USD MBA MortgageApplications (FEB 22)

Low -1.7%

13:30USD Durable GoodsOrders (JAN)

High -4.0% 4.6%

13:30USD Durables ExTransportation (JAN)

Medium 0.3% 1.3%

13:30USD Cap Goods ShipNondef Ex Air (JAN)

Low -0.8% 0.3%


11/17

13:30

USD Cap GoodsOrders Nondef Ex Air(JAN)

Low 0.2% 0.2%

15:00USD Pending HomeSales (YoY) (JAN)

Medium 4.9%

15:00USD Pending HomeSales (MoM) (JAN)

Low 2.0% -4.3%

15:30USD DOE U.S.Gasoline Inventories(FEB 22)

Low -2884K

15:30USD DOE U.S.Distillate Inventory(FEB 22)

Low -2277K

15:30USD DOE U.S. CrudeOil Inventories (FEB22)

Low 4143K

15:30USD DOE Cushing OKCrude Inventory (FEB22)

Low 417K

21:30

USD Fed's FisherSpeaks on Economyand Monetary Policy inNew York

Low

21:45NZD Building Permits(MoM) (JAN)

Low -2.0% 9.4%

23:15

JPY Nomura/JMMAManufacturingPurchasing ManagerIndex (FEB)

Medium 47.7

23:50JPY IndustrialProduction (YoY) (JANP)

Medium -4.8% -7.9%

23:50JPY Japan BuyingForeign Stocks (Yen)(FEB 22)

Low -414.7B

23:50JPY Japan BuyingForeign Bonds (Yen)(FEB 22)

Low -620.6B

23:50JPY IndustrialProduction (MoM) (JANP)

Low 1.5% 2.4%

23:50JPY Foreign BuyingJapan Stocks (Yen)(FEB 22)

Low 197.9B

23:50JPY Foreign BuyingJapan Bonds (Yen)(FEB 22)

Low -181.2B

Thu

Feb 2800:00 AUD HIA New Home

Sales (MoM) (JAN)Medium 6.2%

00:00NZD ANZ BusinessConfidence (FEB)

Low 22.7

00:00NZD ANZ ActivityOutlook (FEB)

Low 31.4

00:01GBP GfK ConsumerConfidence Survey(FEB)

Medium -27 -26

00:30AUD Private SectorCredit (YoY) (JAN)

Medium 3.6%


12/17

00:30

AUD Private CapitalExpenditure (4Q)

Medium 3.7% 2.8%

00:30AUD Average WeeklyWages (YoY) (Nov)

Medium 0.3% 3.4%

00:30AUD Private SectorCredit (MoM) (JAN)

Low 0.4%

00:30AUD Average WeeklyWages (QoQ) (Nov)

Low 1.0% 0.4%

01:30JPY BOJ BoardMembeJPY KiuchiSpeaks to BusinessLeaders

Low

01:35CNY MNI FebruaryBusiness SentimentIndicator

Low

02:00NZD Money Supply M3(YoY) (JAN)

Low 6.0%

04:00JPY Vehicle Production(YoY) (JAN)

Low -17.2%

05:00

JPY Housing Starts

(YoY) (JAN) Medium 8.8% 10.0%

05:00JPY AnnualizedHousing Starts (JAN)

Medium 0.894M 0.880M

05:00JPY ConstructionOrders (YoY) (JAN)

Low 4.8%

06:45CHF Gross DomesticProduct (YoY) (4Q)

High 0.9% 1.4%

06:45CHF Gross DomesticProduct (QoQ) (4Q)

Medium 0.0% 0.6%

08:55

EUR German

Unemployment Change(FEB)

High 0K -16K

08:55EUR GermanUnemployment Rates.a. (FEB)

Medium 6.8% 6.8%

10:00EUR Euro-ZoneConsumer Price Index(YoY) (JAN)

High 2.0% 2.0%

10:00EUR Euro-ZoneConsumer Price Index -Core (YoY) (JAN)

High 1.5% 1.5%

10:00EUR Euro-ZoneConsumer Price Index(MoM) (JAN)

Medium -1.0% 0.4%

10:00CHF CPI - EUHarmonised (YoY)(JAN)

Medium -0.3%

10:00CHF CPI - EUHarmonised (MoM)(JAN)

Medium 0.1%

13:00EUR GermanConsumer Price Index(YoY) (FEB P)

High 1.7% 1.7%

13:00EUR GermanConsumer Price Index -

EU Harmonised (YoY)

High 1.7% 1.9%


13/17

(FEB P)

13:00EUR GermanConsumer Price Index(MoM) (FEB P)

Medium 0.7% -0.5%

13:00

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

Medium 0.7% -0.7%

13:30USD Gross DomesticProduct Price Index(4Q S)

High 0.6% 0.6%

13:30USD Gross DomesticProduct (Annualized)(4Q S)

High 0.5% -0.1%

13:30USD PersonalConsumption (4Q S)

Medium 2.3% 2.2%

13:30USD Initial JoblessClaims (FEB 24)

Medium 360K 362K

13:30

USD Core PersonalConsumptionExpenditure (QoQ) (4QS)

Medium 0.9% 0.9%

13:30CAD Current Account(BoP) (Canadian dollar)(4Q)

Medium -$18.9B

13:30USD Continuing Claims(FEB 17)

Low 3140K 3148K

13:30CAD Raw MaterialsPrice Index (MoM)(JAN)

Low 0.9% -2.0%

13:30CAD Industrial ProductPrice (MoM) (JAN)

Low 0.2% 0.0%

14:00USD NAPM-Milwaukee(FEB)

Low 51.3

14:45USD ChicagoPurchasing Manager(FEB)

Low 54.1 55.6

15:30USD EIA Natural GasStorage Change (FEB22)

Low -127

16:00USD Kansas City FedManf. Activity (FEB)

Low -2

21:45NZD Terms of TradeIndex (QoQ) (4Q)

Medium 1.4% -3.2%

22:30 AUD AiG Performanceof Manufacturing Index(FEB)

Medium 40.2

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

Low

23:30JPY NationalConsumer Price Index(YoY) (JAN)

High -0.2% -0.1%

23:30

JPY NationalConsumer Price IndexEx Food, Energy (YoY)(JAN)

Medium -0.7% -0.6%


14/17

23:30

JPY NationalConsumer Price IndexEx-Fresh Food (YoY)(JAN)

Medium -0.2% -0.2%

23:30JPY Jobless Rate(JAN)

Medium 4.2% 4.2%

23:30JPY HouseholdSpending (YoY) (JAN)

Medium 0.4% -0.7%

23:30JPY Tokyo ConsumerPrice Index (YoY)

(FEB)

Low -0.6% -0.6%

23:30JPY Tokyo ConsumerPrice Index Ex Food,Energy (YoY) (FEB)

Low -1.0% -0.9%

23:30JPY Tokyo ConsumerPrice Index Ex-FreshFood (YoY) (FEB)

Low -0.5% -0.5%

23:30JPY Job-To-ApplicantRatio (JAN)

Low 0.83 0.82

23:50JPY Capital Spendingexcl Software (4Q)

Medium -6.5% 2.4%

23:50 JPY Capital Spending(4Q)

Medium -7.2% 2.2%

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

Low 1.0%

Fri

Mar 1

JPY Official ReserveAssets (FEB)

Low $1267.3B

01:00CNY ManufacturingPMI (FEB)

High 50.5 50.4

01:00USD Fed's EvansSpeaks in Des Moines

Low

01:45CNY HSBCManufacturing PMI(FEB)

Medium 52.3

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

Low -12.9%

05:30AUD RBA CommodityPrice Index (FEB)

Low 90.3

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

Low -6.4%

07:00GBP Nationwide HousePrices n.s.a. (YoY)

(FEB)

Medium -0.2% 0.0%

07:00EUR German RetailSales (YoY) (JAN)

Medium -1.7% -4.7%

07:00GBP Nationwide HousePrices s.a. (MoM)(FEB)

Low 0.2% 0.5%

07:00EUR German RetailSales (MoM) (JAN)

Low 0.9% -1.7%

08:30CHF SVME-PurchasingManagers Index (FEB)

Medium 52.1 52.5


15/17

08:45

EUR Italian PurchasingManager IndexManufacturing (FEB)

Low 47.6 47.8

08:50

EUR FrenchPurchasing ManagerIndex Manufacturing(FEB F)

Low 43.6 43.6

08:55

EUR GermanPurchasing ManagerIndex Manufacturing(FEB F)

Medium 50.1 50.1

09:00EUR ItalianUnemployment Rates.a. (4Q)

Medium 10.6%

09:00EUR ItalianUnemployment Rates.a. (JAN P)

Medium 11.2%

09:00

EUR Euro-ZonePurchasing ManagerIndex Manufacturing(FEB F)

Medium 47.8 47.8

09:30GBP PurchasingManager IndexManufacturing (FEB)

Medium 51 50.8

09:30GBP Net Lending Sec.on Dwellings (JAN)

Medium 0.8B 1.0B

09:30GBP Net ConsumerCredit (JAN)

Medium 0.2B 0.6B

09:30GBP MortgageApprovals (JAN)

Medium 56.5K 55.8K

09:30GBP M4 Money Supply(YoY) (JAN)

Low -1.0%

09:30GBP M4 Money Supply(MoM) (JAN)

Low 0.7%

09:30GBP M4 Ex IOFCs 3MAnnualised (JAN)

Low 3.8%

10:00EUR Euro-ZoneUnemployment Rate(JAN)

Medium 11.8% 11.7%

10:00EUR Euro-ZoneConsumer Price IndexEstimate (YoY) (FEB)

Medium 1.9% 2.0%

11:00EUR Italian AnnualGross DomesticProduct (2012)

Medium -2.2% 0.4%

13:30CAD Quarterly GrossDomestic ProductAnnualized (4Q)

High 0.7% 0.6%

13:30CAD Gross DomesticProduct (YoY) (DEC)

High 1.3%

13:30USD PersonalSpending (JAN)

Medium 0.2% 0.2%

13:30USD Personal Income(JAN)

Medium -2.0% 2.6%

13:30

USD PersonalConsumptionExpenditure Core

(YoY) (JAN)

Medium 1.3% 1.4%


16/17

13:30

CAD Gross DomesticProduct (MoM) (DEC)

Medium -0.1% 0.3%

13:30

USD PersonalConsumptionExpenditure Deflator(YoY) (JAN)

Low 1.2% 1.3%

13:30

USD PersonalConsumptionExpenditure Deflator(MoM) (JAN)

Low 0.1% 0.0%

13:30USD PersonalConsumptionExpenditure Core(MoM) (JAN)

Low 0.1% 0.0%

13:58USD Markit US PMIFinal (FEB)

Medium

14:55USD U. of MichiganConfidence (FEB F)

Medium 76.3 76.3

15:00USD ISMManufacturing (FEB)

High 52.5 53.1

15:00USD ISM Prices Paid

(FEB)

Medium 57 56.5

15:00USD ConstructionSpending (MoM) (JAN)

Medium 0.5% 0.9%

22:00USD Total VehicleSales (FEB)

Low 15.05M 15.23M

22:00USD Domestic VehicleSales (FEB)

Low 11.90M 12.08M


17/17

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Daily-i-Forex-report-1 by EPIC RESEARCH 26 FEB 2013

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Transcript of Daily-i-Forex-report-1 by EPIC RESEARCH 26 FEB 2013