Forex Recommendations Blog Posts

Rupee Opens At 67.95 Per Dollar; Gains 15 Paise

The Indian rupee gained in the early trade on Friday. It has opened higher by 15 paise at 67.95 per dollar versus 68.10 Thursday. Bhaskar Panda of HDFC Bank said, "Festive fervour is the theme right now across the world. The dollar index has given up...

SELL GBPINR DEC ABOVE 83.81 TGT - Ways2Capital

NSE CDS - SELL GBPINR DEC ABOVE 83.81 TGT 83.80, 83.69, 83.58 SL 83.91For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/livlecal...
by Commodity Face on Dec 28, 2016

Rupee Is Expected To Depreciate

The Indian Rupee de preciated by 0. 3 percent yesterday owing to month - end dollar demand from importers and banks amid persistent foreign capital outflows. Moreover, weakness in Asian market currencies governed the trend of the Indian Rupee as inve...

Buy USDINR; Target Of 68.40

The pair has shown breakout of its horizontal channel at 67.50 levels on daily chart and price has retested its breakout trend line at 67.40 levels. On daily chart price has taken support of its 61.80% Fib- onacci retracement levels. Moreover, p...

Sell EURINR; Target Of 71.39

Euro is trading at 1.0468 , remaining close to the 1.0450 handle for the last two sessions. All of European markets are closed were closed day before yesterday and we are not expecting any movement in the shared currency. There is no data from t...

Rupee Opens Flat At 68.24 Per Dollar

The Indian rupee opened flat at 68.24 per dollar on Thursday versus previous close 68.24. Mohan Shenoi of Kotak Mahindra Bank said, "Year-end holidays expected to keep volumes and activity in currency markets low and thin.USD-INR expected trading ran...

Rupee Is Expected To Depreciate

The Indian Rupee appreciated by 0. 1 percent yesterday owing to sustained selling of the American currency by exporters and banks. Moreover, lower DX in the overseas markets added to Rupee’s strength. Domestic markets i.e. Sensex and Nifty ended in...

Buy EURINR Around 70.75; Target Of 71.60

EURINR Dec futures opened slightly higher prices fell gradually for the whole of 70.76. Prices have taken strong support near its 61.8% Fibonacci retracement level of 70.54. rices are expected to recover for the short term from these levels tow...

Buy USDINR; Target O 67.89

US dollar index is trading at 103.15 , remaining largely unchanged as the US markets shut yesterday on the eve of Christmas. the calendar remain light for the entire week. Expect range bound trading for the entire week with minimal changes. In t...

SELL JPYINR DEC BELOW 57.86 TGT - Ways2Capital

NSE CDS - SELL JPYINR DEC BELOW 57.86 TGT 57.75, 57.64, 57.53 SL 57.96NSE CDS - BUY EURINR DEC ABOVE 71 TGT 71.11, 71.22, 71.33 SL 70.90For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/l...
by Commodity Face on Dec 27, 2016

Rupee Opens Lower At 68.10 Per Dollar

The Indian rupee opened marginally lower at 68.10 per dollar on Wednesday versus previous close 68.07. Pramit Brahmbhatt of Veracity said, "Rupee will continue to trade negative with low volatility due to an appreciating dollar. Trading range fo...

After A Rough Patch, Rupee Seen As Best Performer In Asia In '17

Despite a tumultuous year for the Indian economy, the rupee has held on well. Doomsayers’ predictions of the currency touching 70 to a dollar based on expectations of record outflows did not materialise. The Reserve Bank of India deserves all credi...

Rupee Is Expected To Appreciate

The Indian Rupee depreciated marginally by 0.0 3 percent in the last week owing to the persistent buying of the American currency buy importers and banks amid higher US Dollar in the overseas market. The prospect of three more rate hikes in the...

Buy USDINR; Target Of 68.00 - 68.20

In the currency futures market, the most traded dollar-rupee December contract on the NSE ended at 67. 81. The December contract open interest fell by 0.02% from the previous day. January contract open interest rose 9.57% from previous day. We e...

Sell EURINR; Target Of 70.83

Euro is trading at 1.0450, remaining close to the 1.0450 handle for the last two sessions. All of European markets are closed today and we are not expecting any movement in the shared currency. There is no data from the EU and Germany for the entire...

Rupee Opens At 67.84 Per Dollar; Down 10 Paise

The Indian rupee slipped in the early trade on Tuesday. It has opened lower by 10 paise at 67.84 per dollar versus 67.74 Monday. Ashutosh Raina of HDFC Bank said, "The year-end markets are very low on liquidity and continue to trade in a tight range...

Rupee Opens Flat At 67.82 Per Dollar

The Indian rupee opened flat at 67.82 per dollar on Monday versus Friday's closing 67.82. Pramit Brahmbhatt of Veracity said, "In absence of any major cues, rupee to trade sideways with negative bias.Rupee may slide towards 68-68.20 and trading range...

Rupee Is Expected To Trade Sideways To Positive

The Indian Rupee depreciated by 0.1 percent yesterday owing to persistent buying of the American currency by importers and banks amid higher US Dollar in the overseas market. The prospect of three more rate hikes in the US prompted the traders to par...

Buy USDINR; Target Of 68.30

The pair has shown breakout of its falling trend line at 67.50 levels on daily chart. On daily chart USDINR price has retested its falling trend line at 67.20 levels. On daily chart price has taken support of its 61.80% Fib- onacci retracement levels...

Rupee Is Expected To Depreciate

The Indian Rupee depreciated marginally by 0.0 1 percent yesterday owing to the persistent buying of the American currency by importers and banks amid higher US Dollar in the overseas market. The prospect of three more rate hikes in the US prompted t...
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