18th October: Daily Forex Trend

Insignia Consultants New Delhi Wednesday, October 18, 2017 TIME: 9:15 am IST DAILY FOREX TRENDS – Diwali greetings to everyone (inter-bank prices below) Inflation is the talk of the central bankers for now. Bank of England is expected to raise interest rate next month as inflation continues to rise. Inflation does not tell us anything …

17th October: MCX metals & energies daily report

Insignia Consultants New Delhi Tuesday, October 17, 2017 TIME 10:15 AM  IST                      ———————————————————————————————————————— MCX METALS AND ENERGIES MARKET VIEWS Gold and silver are bearish. Rest of the industrial metals are in a neutral zone. TECHNICAL VIEW Gold December 2017: (previous day close/CMP Rs.29753) Bullish over 30010 with 30076-30120-30200 as price target. Bearish below 29890 with …

13th October: Daily Forex Trend.

Insignia Consultants New Delhi Friday, October 13, 2017 TIME: 9:30 am IST DAILY FOREX TRENDS (inter-bank prices below) So what next for the US dollar. Fundamentally US economy is on a stronger footing. I have always believed that natural calamities put growth into stratosphere in any nation. USA will witness the same. Everyone is ignoring …

12th October: Daily Forex Trend

Insignia Consultants New Delhi Thursday, October 12, 2017 TIME: 9:56 am IST DAILY FOREX TRENDS (inter-bank prices below) US dollar is weaker as FOMC had concerns over low inflation. Low inflation can reduce the pace of rise for next year. Temporary decrease in Catalonia risk has supported euro. Technical breakout also supported euro and sterling. …

11th October: Daily Forex trend

Insignia Consultants New Delhi Wednesday, October 11, 2017 TIME: 9:30 am IST DAILY FOREX TRENDS (inter-bank prices below) Reduction of Catalonia independence temporarily resulted in gains for the euro. FOMC minutes will affect the US dollar only if something negative is said on the US dollar. I believe that euro’s rise against the US dollar …

10th October: Daily Forex Trend

Insignia Consultants New Delhi Tuesday, October 10, 2017 TIME: 9:30 am IST DAILY FOREX TRENDS (inter-bank prices below) Rise of euro and pound is just profit taking due to lack of news. If US dollar weakens till tomorrow then it may have formed a short term top. News flows will be the key. Incoming US …

9th October: Daily Forex Trend

Insignia Consultants New Delhi Monday, October 09, 2017 TIME: 10:40 am IST DAILY FOREX TRENDS (inter-bank prices below) US markets are closed today. It will be a technical trade. North Korea will once again be closely watched. Sell off will be there if euro and pound fall below last week’s lows. News flow will be …

6th October: NSE Currency futures technical levels.

Insignia Consultants New Delhi Friday, October 06, 2017 TIME: 10:02 am IST NSE CURRENCY FUTURES TECHNICAL LEVELS NSE CURRENCY FUTURES TECHNICAL LEVELS   USD/INR  OCT 17 EURO/INR OCT 17 GBP/INR OCT 17 JPY/INR OCT 17 CMP ₹ 65.4725 ₹ 76.6025 ₹ 85.7325 ₹ 58.0000 S5 ₹ 65.0750 ₹ 78.8750 ₹ 84.9575 ₹ 57.6450 S4 ₹ …

6th October: Daily Forex Trend.

Insignia Consultants New Delhi Friday, October 06, 2017 TIME: 9:18 am IST DAILY FOREX TRENDS (inter-bank prices below) Euro and Pound are near key long term support of 1.1683 and 1.3096 against the US dollar. There will be a massive three percent crash for both of them if they trade below 1.1683 and 1.3096 after …

5th October: Daily Forex Trend

Insignia Consultants New Delhi Thursday, October 05, 2017 TIME: 9:50 am IST DAILY FOREX TRENDS (inter-bank prices below) Big days ahead for global currency markets. One needs to remain on the sidelines. At the moment the US dollar is on a bullish trajectory. Everything seems positive for the US dollar from getting the safe haven …