NSE Currency Futures Daily Technical Report for 13th June 2018

Insignia Consultants

New Delhi

Wednesday, June 13, 2018

TIME 9:15 AM IST                      

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NSE CURRENCY FUTURES DAILY TECHNICAL LEVELS

HOW TO TRADE TODAY

  • FOMC tonight and ECB meet tomorrow will affect US dollar and euro.
  • Usd/inr should remain firm. Sentiment is still bearish for usd/inr.

US DOLLAR/INDIAN RUPEE (USD/INR) JUNE 2018 – current price 67.6575

Support: 67.2175-67.3075-67.4225-67.5800

Resistance: 67.7800-67.8975-68.0225

EURO/INDIAN RUPEE (EURO/INR) JUNE 2018 – current price 79.5575

Support: 78.7350-79.0725-79.2275-79.4175

Resistance: 79.7250-79.8400-80.0325

UK POUND/INDIAN RUPEE (GBP/INR) JUNE 2018 – current price 90.4700

Support: 89.9350-90.0225-90.1675

Resistance: 90.5450-90.7700-90.9225-91.1550

YEN/INDIAN RUPEE (JPY/INR) JUNE 2018 – current price 61.2200

Support: 60.9150-61.0175-61.1475

Resistance: 61.3575-61.5675-61.8000

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

“Print this report only if absolutely necessary. Save Paper. Save Trees.”

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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