Forex Update for Exporters & Importers: 17th July 2018

Insignia Consultants New Delhi Tuesday, July 17, 2018 TIME: 9:58 am IST DAILY FOREX REPORT FOR EXPORTERS AND IMPORTERS (inter-bank prices below) World The next two days are break or break for the US dollar. Federal Reserve semi-annual testimony will tell us that. Comments by Federal Reserve chairman will also reflect the US dollar policy. …

Forex Update for Exporters & Importers: 16th July 2018

Insignia Consultants New Delhi Monday, July 16, 2018 TIME: 9:15 am IST DAILY FOREX REPORT FOR EXPORTERS AND IMPORTERS (inter-bank prices below) World Federal Reserve testimony on Tuesday and Wednesday, US retail sale numbers can change the direction of the US dollar. Apart from the retail sales report building permits, housing starts, industrial production. Clues …

Forex Update for Exporters & Importers: 13th July 2018

Insignia Consultants New Delhi July 13, 2018 TIME: 10:12 am IST DAILY FOREX REPORT FOR EXPORTERS AND IMPORTERS (inter-bank prices below) World Resumption of trade talks between USA and China should be bearish for US dollar. There will be deal. Gains in the greenback is mainly due to safe haven status. Investors will have to …

Forex Update for Exporters & Importers: 12th July 2018

Insignia Consultants New Delhi Thursday, July 12, 2018 TIME: 9:10 am IST DAILY FOREX REPORT FOR EXPORTERS AND IMPORTERS (inter-bank prices below) Executive summary Euro/inr: 100 day moving average at 79.9275 is the key support. Yen/inr is trading below 100 day moving average of 61.4700. Gbp/inr: 50 day moving average at 90.4625 is the key …

MCX Gold Technical Update: 11th July 2018

MCX Gold August 2018: Support: 30341-30385 Resistance: 30528.  (a) Gold will crash only if it trades below 30385 to 30243 and 30154. (b) Gold can rise to 30670 if it manages to trade over 30385 (c) Trend is down. (current market price 30444, 6:08pm IST, 11th July 2018) All prices are in Indian rupees above

Forex Update for Exporters & Importers: 11th July 2018

Insignia Consultants New Delhi Wednesday, July 11, 2018 TIME: 11:00 am IST DAILY FOREX REPORT FOR EXPORTERS AND IMPORTERS (inter-bank prices below) Executive summary Currency markets will be very volatile. US Trade war news will be the key. World Trump’s additional tariff of around $200 billion Chinese goods will result in volatile currency markets. So …

MCX Crude Oil Daily Technical Update: 11th July 2018

Crude oil 19th July 18: (previous day close/CMP Rs.5071.00) Bullish over 5033 with 5109 and 5151 as price target. Bearish below 4990 with 4910 as price target. Neutral Zone: 4990-5033 One Support: 5033 One Resistance: 5151 Crude oil needs to fall below 4990 or break and trade over 5151 for another one way price move. There …

Forex Update for Exporters & Importers: 10th July 2018

Insignia Consultants New Delhi Tuesday, July 10, 2018 TIME: 9:11 am IST DAILY FOREX REPORT FOR EXPORTERS AND IMPORTERS (inter-bank prices below) Executive summary Political developments in UK will affect pound as well as euro. Volatility in emerging market currencies will rise today. World UK pound fell after resignation of Boris Jonhson which raised worries …

MCX Nickel Weekly View for week beginning 9th July

Nickel July 2018: (previous day close/CMP Rs.958.90): Support: 892.10-908.10-925.50-944.40-949.60 Resistance: 974.60-992.30-1009.70-1025.70-1044.80 100 day moving average at 944.40 is the key weekly support. 100% retracement is at 949.60. Bullish case: Nickel needs to trade over 944.60 to rise to 1009.60 and 1044.80. Bearish case: Nickel can fall to 925.50 and 892.10 if it trades below 944.40.

MCX Crude Oil Daily Technical Update: 6th July 2018

MCX Crude oil 19th July 18: (previous day close/CMP Rs.5044.00) Bullish over 5083 with 5168 and 5200 as price target. Bearish below 5037 with 4990 and 4948 as price target. Neutral Zone: 5037-5083 One Support: 5018 One Resistance: 5081 Crash will be there below 4997 to 4904 and 4861. Crude oil needs to trade over …