NSE Currency Futures Daily Technical Levels for 12th June 2018
Tuesday, June 12, 2018
TIME 9:31 AM IST
NSE CURRENCY FUTURES DAILY TECHNICAL LEVELS
HOW TO TRADE TODAY
- Trump North Korea news will be the key.
- FOMC tomorrow will affect US dollar.
- UK Pound looks bearish on expectations that bank of England may not raise interest rates in the near term.
- Usd/inr should remain firm. Sentiment is still bearish for usd/inr.
US DOLLAR/INDIAN RUPEE (USD/INR) JUNE 2018 – current price 67.6075
Key resistance: 67.7450
EURO/INDIAN RUPEE (EURO/INR) JUNE 2018 – current price 79.6250
UK POUND/INDIAN RUPEE (GBP/INR) JUNE 2018 – current price 90.3725
Key resistance is at 100 day moving average at: 90.7700
YEN/INDIAN RUPEE (JPY/INR) JUNE 2018 – current price 61.3600
Key resistance: 61.6625
Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Website www.insigniaconsultants.in. Prepared by Chintan Karnani
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NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
UK session starts around 1:00 pm Indian Standard Time (+5:30 GMT)
US session starts at 6pm pm Indian Standard Time (+5:30 GMT)
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE VERSUS THE INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
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