Tuesday, 7 October 2014

Indian Currency Market : 08.10.2014

 

USDINR ( 29-Oct-14 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 61.84 / 61.95 / 62.07 . And the lower side , it has Strong Support @ 61.72 downside, it may tank to near support Levels such as 61.60 / 61.49 / 61.37 . Currently USDINR is Trading @ 61.72

 

EURINR ( 29-Oct-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 77.63 / 77.51 / 77.31 . And the upperside, it has Strong Resistance @ 77.83 upperside, it may test Resistance Levels such as 77.95 / 78.15 / 78.27 . Currently EURINR is Trading @ 77.76


GBPINR ( 29-Oct-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 98.74 / 98.41 / 97.88 . And the upperside, it has Strong Resistance @ 99.27 upperside, it may test Resistance Levels such as 99.60 / 100.13 / 100.46 . Currently GBPINR is Trading @ 99.07

 

JPYINR ( 29-Oct-14 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 57.03 / 57.20 / 57.47 . And the lower side , it has Strong Support @ 56.76 downside, it may tank to near support Levels such as 56.59 / 56.32 / 56.15 . Currently JPYINR is Trading @ 56.87

 

No comments:

Post a Comment