EPIC RESEARCH REPORT DAILY INTERNATIONAL FOREX

YOUR MINTVISORY Call us at +91-731-6642300

08-AUGEST-2014

INTERNATIONAL CURRENCY BUZZ

YOUR MINTVISORY Call us at +91-6642300

Forex -Pound edges lower against dollar before BoE Forex -Bitcoin stabilizes at $580-level in rangebound trade Forex -USD/CHF edges up, hovers near 8-month highs

AUD/USD AUD-USD hit 0.9263 during late Asian trade, the pair's lowest since June 5; the pair subsequently consolidated at 0.9267, declining 0.93%.The pair was likely to find support at 0.9230, the low of June 3 and resistance at 0.9358, the session high.Official data earlier showed that the number of employed people in Australia fell by 300 in July, confounding expectations for an increase of 12,000. June's figure was revised down to a 14,900 gain from a previously estimated 15,900 rise.The report also showed that Australia's unemployment rate rose to 6.4% last month, from 6.0% in June. Analysts had expected the unemployment rate to remain unchanged in July.

GBP/USD GBP-USD hit 1.6834 during early European afternoon trade, the session low; the pair subsequently consolidated at 1.6850, dipping 0.03%. Cable was likely to find support at around the 1.68 level and resistance at 1.6887, this week's high.At the conclusion of its monthly policy meeting, the BoE said it was maintaining the benchmark interest rate at 0.50%, in a widely expected move.The central bank also said it was to maintain the stock of asset purchases financed by the issuance of central bank reserves at £375 billion. The pound had come under pressure on Wednesday after data showed that industrial and manufacturing output in the U.K. expanded at a slower than expected rate in June.

DAILY ECONOMIC DATA

YOUR MINTVISORY Call us at +91-731-6642300

EPIC'S ANALYST SPEAKS

YOUR MINTVISORY Call us at +91-731-6642300

AUD/USD Hourly Chart

INTRADAY OUTLOOKSupport: 0.9249Resistance: 0.9295

RECOMMENDATION: 1. Buy AUD/USD Above 0.9298: TG: 0.9313/0.9333 SL 0.92782. Sell AUD/USD Below 0.9245 TG: 0.9230/0.9210 SL 0.9265

EPIC'S ANALYST SPEAKS

YOUR MINTVISORY Call us at +91-731-6642300

GBP/USD Hourly Chart

INTRADAY OUTLOOKSupport: 1.6813Resistance: 1.6860

RECOMMENDATION: 1. Buy GBP/USD Above 1.6863 TG: 1.6878/ 1.6898 SL 1.68432. Sell GBP/USD Below 1.6808 TG: 1.6793/1.6773 SL 1.6828

DISCLAIMER

YOUR MINTVISORY Call us at +91-731-6642300

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.