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Rupee Opens Higher At 67.12 Per Dollar

The Indian rupee opened higher by 7 paise at 67.12 per dollar on Tuesday against previous close 67.19. Ashutosh Raina of HDFC Bank said, "The market attention is fully focused on Fed Chief Janet Yellen's Jackson Hole speech this weekend, after some h...

Rupee Is Likely To Trade Negative

The American currency traded on a flat note percent yesterday as lack of important economic datasets from the nation kep t the trading volumes a bit light. Investors now shift their attention towards the Jackson Hole meeting where the US Fed chairw o...

GBPINR

After Friday’s sideways close, on Monday, GBPINR opened lower at 87.80 a nd gradually recovered and finally settled at 88.14. Pair has once again ended near the resistance of 88.30. Pair is witnessing stiff resistance around 88.30 – 88.35, a...

Buy USDINR Strategy 67.13 - 67.16; Target Of 67.33

USDINR pair opened with a gap up at 67.19 and head till the high of 67.30 and finally settled at 67.26. The pair has breached the key trend line resistances of 67.20. Now 67.20 , will the immediate support , b elow that next support lie at 67.06. The...

EUROINR

Euro is trading at 1 . 1335 , remaining largely unchanged on a low data day . European and German PMI data scheduled to be reported today are likely to be in line with expectations . Trend in the PMI has been positive in the recent times and would co...

Rupee Is Likely To Trade Sideways

The American currency plunged by - 1.4 percent in the last week. Reason for the same could be attributed to the dovish stance in the FOMC meeti ng minutes which prompted the traders to book profits. Members of the FOMC committee were divided over whe...

Buy USDINR At 67.05; Target Of 67.22

US dollar index is trading at 94 . 82 ; showing a turnaround in the Friday US session as markets position for a hawkish statement from the US FED Chair Yellen at the Jackson Hole symposium on Friday. Expect volatile trading going into the event as ma...

GBPINR

GBPINR which started recovering from the low of 86.37 continued to quote higher and ended with marginal gains at 68.08 on Friday. The pair has retracted 50% of the immediate fall and is heading towards the next resistance of 61.8% retracement i.e., 8...

EURINR

Euro is trading at 1 .1287 , depreciating against the US dollar in Asian trading session today. Investors have started realizing profits from the Euro rally as the shared currency struggled to break beyond 1 . 1350 . With limited data for the day and...

Rupee Opens Lower At 67.19 Per Dollar; Slips 13 Paise

The Indian rupee opened lower by 13 paise at 67.19 per dollar on Monday versus 67.06 Friday. Pramit Brahmbhatt of Veracity said, "Rupee is likely to depreciate today as we have seen supportive buying in the USD.However, the rally in USD could be limi...

SELL GBPINR AUG BELOW 87.72 TGT - Ways2Capital

NSE CDS - SELL GBPINR AUG BELOW 87.72 TGT 87.60, 87.48, 87.35 SL 87.82NSE CDS - SELL JPYINR AUG BELOW 66.62 TGT 66.50, 66.38, 66.25 SL 66.72For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.c...
by Commodity Face on Aug 22, 2016

SELL GBPINR AUG BELOW 87.72 TGT – Ways2Capital

NSE CDS – SELL GBPINR AUG BELOW 87.72 TGT 87.60, 87.48, 87.35 SL 87.82 NSE CDS – SELL JPYINR AUG BELOW 66.62 TGT 66.50, 66.38,..

Rupee Opens At 66.95 Per Dollar; Down 14 Paise

The Indian rupee slipped in the early trade on Friday. It has opened lower by 14 paise at 66.95 per dollar versus 66.81 Thursday. Pramit Brahmbhatt of Veracity said, "We expect the rupee to trade sideways despite positive economic data from US, as it...

BUY GBPINR AUG ABOVE 88.14 TGT - Ways2Capital

NSE CDS - BUY GBPINR AUG ABOVE 88.14 TGT 88.26, 88.38, 88.50 SL 88.04NSE CDS - SELL JPYINR AUG BELOW 66.86 TGT 66.74, 66.62, 66.50 SL 66.97For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.co...
by Commodity Face on Aug 19, 2016

Sell USDINR At 67.02; Target Of 66.70

The pair opened marginally higher and witnessed selling pressure during the first half. However, it managed to recover and settled with marginal gain of 0.06 percent. The RSI (14) momentum indicator is holding 40 mark despite the several attempt to c...

Rupee Is Likely To Appreciate

In spite of the robust release of unemployment claims data from the nation, the American currency traded lower by 0.6 yesterday. Reason behind this weakness could be attributed to the dovish stance in the recent FOMC meeting minutes’ release that p...

GBPIINR

GBPIINR opened with a gap after witnessing several down ticks and settle at the highest point of the day with a gain of 1.25 percent. On the daily chart, we are seeing a formation of Bullish Divergence. At this juncture, pair has retraced 50% of...

EURINR

EURINR too opened with a gap and surpassed its previous swing high of 75.5725 however the profit booking during the second half erased major part of its gains and pair eventually ended near its opening levels. The yesterday’s candle resembles...

Rupee Is Likely To Negative

The American currency declined by 0.1 percent yesterday owing to cautiousness in the market prior to the FOMC meeting minutes release that prompted the traders to book profits. In the meeting minutes, New York Fed President William Dudley spoke about...

Sell USDINR Strategy 67.00 - 67.04; Target Of 66.75

US dollar index is trading at 94.57 ; depreciating against the majors after the FOMC minutes reported yesterday indicated no urgency in raising the rates and the members would like to see further evidence of the economy strengthening before any monet...
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