DAILY IFOREX REPORT 29th OCTOBER 2013

TRADING TIPS BUY USD/CAD ABOVE 1.0460 TGT 1.0480/1.0510 SL 1.0430 BUY EURUSD ABOVE 1.3820 TGT 1.3840/1.3875 SL 1.3790

HEADLINES

U.S. stocks open lower despite positive data; Dow Jones down 0.10% Dollar hits session highs vs. yen, euro after U.S. data

Name EUR/USD USD/JPY GBP/USD USD/CHF AUD/USD USD/CAD NZD/USD EUR/CHF EUR/JPY EUR/GBP EUR/AUD GBP/CHF GBP/JPY GBP/CAD GBP/AUD AUD/JPY CAD/JPY AUD/CAD AUD/CHF

Last 1.3783 97.6925 1.616 0.8952 0.9574 1.0448 0.8286 1.2338 134.645 0.8528 1.4396 1.4466 157.875 1.6882 1.6879 93.533 93.5155 1.0002 0.8571

U.S. stocks opened moderately lower on Monday, after the release of positive U.S. industrial production data, as investors locked in profits after the previous week's rally in U.S. equities The dollar was higher against the yen on Monday, but gains were held in check amid expectations that the Federal Reserve will delay plans to start tapering stimulus until well into next year. The U.S. Federal Reserve said that industrial production rose by a seasonally adjusted 0.6% last month after a 0.4% rise in August. Economist had expected the rate of industrial production to remain unchanged at 0.4%. with the news flow coming from Asia where a war of words between Japan and China caused a mild pop in USD/JPY.

HOURLY EURUSD CHART

ANALYSIS EURUSD LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS RESISTANCE: 1.3830 SUPPORT: 1.3774

HOURLY USDJPY CHART

ANALYSIS USDJPY LOOKS DOWNWARD TREND: SIDEWAYS STRATEGY: SELL BELOW SUPPORT RESISTANCE: 97.71 SUPPORT: 97.15

HOURLY GBPUSD CHART

ANALYSIS GBPUSD LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL BELOW SUPPORT OR BUY ABOVE RESISTANCE RESISTANCE: 1.6230 SUPPORT: 1.6114

HOURLY EURGBP CHART

ANALYSIS EURGBP LOOKS DOWN TREND: BEARISH STRATEGY: SELL BELOW SUPPORT RESISTANCE: 0.8532 SUPPORT: 0.8514

HOURLY USD INDEX CHART

ANALYSIS GBPUSD LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL BELOW SUPPORT BUY ABOVE RESISITANCE RESISTANCE: 79.420 SUPPORT: 79.100

ECONOMIC CALLENDER
Time 10/29/13 04:00:00 AM 04:30:00 AM 05:00:00 AM 05:00:00 AM 05:20:00 AM 08:15:00 AM 11:00:00 AM 12:30:00 PM 01:15:00 PM 01:30:00 PM 03:00:00 PM 03:00:00 PM 03:00:00 PM 03:00:00 PM 03:00:00 PM 03:00:00 PM 03:40:00 PM 06:00:00 PM 06:00:00 PM AUD KRW JPY JPY JPY JPY INR EUR EUR EUR ZAR GBP GBP GBP GBP GBP EUR BRL CAD MIDIUM LOW LOW LOW MIDIUM LOW LOW MIDIUM LOW LOW LOW LOW LOW LOW LOW LOW LOW LOW LOW RBA Governor Stevens Speaks South Korean Current Account Household Spending (YoY) Unemployment Rate Retail Sales (YoY) 2-Year JGB Auction Indian Interest Rate Decision GfK German Consumer Climate French Consumer Confidence Spanish Retail Sales (YoY) South African Unemployment Rate BoE Consumer Credit M4 Money Supply (MoM) Mortgage Approvals Mortgage Lending Net Lending to Individuals Italian 6-Month BOT Auction Brazilian Bank lending (MoM) IPPI (MoM) 0.70% 4.00% 1.90% 7.50% 7.3 86 -1.10% 0.70B 0.60% 66K 1.20B 2.5B 0.20% 7.78B -1.60% 4.10% 1.10% 0.09% 7.50% 7.1 85 -4.50% 25.60% 0.60B 0.70% 62K 1.00B 1.6B 0.78% 1.30% 0.20% Cur. Imp. Event Actual Forecast Previous

ECONOMIC CALLENDER

06:00:00 PM 06:00:00 PM 06:00:00 PM 06:00:00 PM 06:00:00 PM 06:00:00 PM 06:25:00 PM 06:25:00 PM 06:30:00 PM 06:30:00 PM 07:30:00 PM 07:30:00 PM 09:00:00 PM 10:30:00 PM

USD USD USD USD USD USD USD USD USD USD USD USD USD USD

MIDIUM MIDIUM HIGH MIDIUM HIGH HIGH LOW LOW LOW LOW LOW HIGH

Core PPI (YoY) Core PPI (MoM) Core Retail Sales (MoM) PPI (YoY) PPI (MoM) Retail Sales (MoM) Redbook (YoY) Redbook (MoM) S&P/CS HPI Composite - 20 (YoY) S&P/CS HPI Composite - 20 (MoM) Business Inventories (MoM) CB Consumer Confidence 4-Week Bill Auction

1.20% 0.10% 0.40% 0.60% 0.20% 0.10% 12.50% 0.80% 0.30% 75.3

1.10% 0.00% 0.10% 1.40% 0.30% 0.20% 2.90% -1.50% 12.40% 1.80% 0.40% 79.7 0.03% 1.44%

LOW

5-Year Note Auction

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