Sunday, January 8, 2017

USD/JPY TECHNICAL OUTLOOK : 09.01.2017

USD/JPY TECHNICAL OUTLOOK : 09.01.2017
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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USD/JPY. Pair after opening at 115.43made a low of 115.03 and saw the strongest reversal after the release of NFP of the US were but Japanese markets are closed today for coming of age day and movement in the USDJPY pair would be dependent on the US dollar flows. and likely to see some range bound activity in the pair but long term trend remains on the buy side.

Fundamental Overview

Yen is trading at 117.26, depreciating against the US dollar after the NFP data was reported on Friday. The USDJPY pair moved towards 115.07 before moving back above the 117.00 mark. Japanese markets are closed today for coming of age day and movement in the USDJPY pair would be dependent on the US dollar flows.

GBP/USD TECHNICAL OUTLOOK : 09.01.2017

GBP/USD TECHNICAL OUTLOOK : 09.01.2017
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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GBP/USD. Pair after opening at 1.2413 made a high of 1.2430, and could not sustain the higher levels after the release of NFP data from the US the pair is expected to trade within the range of 1.2150-1.2390 for coming week and any rise is a shorting opportunity in the pair and the pair can test the lower range.

Fundamental Overview

Pound is trading at 1.2258, continuing to trade in the broader range of 1.2250 -1.2450. lack of any significant news relating to Brexit is keeping the pair confined to the this range. there is no data to be reported today and we expect 1.2230 to act a support and 1.2430 continuing to remain a top for the pair in the near term.

Economic Data & News

TIME COUNTRY DATA ACTUAL SURV PREVIOUS
14:00:00 GBP Halifax House Price Index (YoY) (Dec) 5.80% 6.00%
14:00:00 GBP Halifax House Price Index (MoM) (Dec) 0.20% 0.20%

EUR/USD TECHNICAL OUTLOOK : 09.01.2017

EUR/USD TECHNICAL OUTLOOK : 09.01.2017
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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EUR/USD. Pair after opening at 1.0489 Euro is trading at 1.0535, after making a high of 1.0623 during the NFP data release. Traders have attributed the rise in Euro to short covering but the longer term picture remains to be negative now 1.05 levels is pivot to watch any close below can take the pair to its recent swing low of 1.0350 levels so the pair remains sell on rise.

Fundamental Overview

Euro is trading at 1.0535, after making a high of 1.0623 during the NFP data release. Traders have attributed the rise in Euro to short covering but the longer term picture remains to be negative for the shared currency. German import and industrial production on tap for the day but expect a slow start to the Euro and a recovery in weakness during the European session.

Economic Data & News

TIME COUNTRY DATA ACTUAL SURV PREVIOUS
12:30:00 EUR German Industrial Production (MoM) (Nov) 0.60% 0.30%
12:30:00 EUR German Trade Balance (Nov) 21.2B 20.5B
15:30:00 EUR Unemployment Rate (Nov) 9.80% 9.80%

USDINR TECHNICAL OUTLOOK : 09.01.2017

USDINR TECHNICAL OUTLOOK : 09.01.2017
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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USDINR, the pair after opening at 67.99 and made a low of 67.93 and saw some side activity after a selling pressure in the first hour trade a day before on spot basis the pair is trading in the broader range of 67.70-68.40 and likely to trade in the range for some time expects the pair to trade in positive bias for the day.

Fundamental Overview

US dollar index recovered from the lows on Friday after slipping initially, the dollar rallied on Friday evening following the December jobs report, which was light on the NFP print, though upwardly revised back months, and stronger hourly earnings data offset the weak NFP print. No major data is scheduled for release today but another attempt by the US indices to breach the life high would push the US dollar higher.

Economic Data & News

TIME COUNTRY DATA ACTUAL SURV PREVIOUS
19:30:00 USD FOMC Member Rosengren Speaks
23:15:00 USD FOMC Member Lockhart Speaks

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12.30PM : Buy USDINR (JAN) SA 68.40 SL 68.29 Target 68.50 / 68.58 / 68.66
12.30PM : Sell USDINR (JAN) SB 68.24 SL 68.35 Target 68.14 / 68.06 / 67.98

12.30PM : Buy EURINR (JAN) SA 72.09 SL 71.98 Target 72.19 / 72.27 / 72.35
12.30PM : Sell EURINR (JAN) SB 71.93 SL 72.04 Target 71.83 / 71.75 / 71.67

12.30PM : Buy GBPINR (JAN) SA 83.47 SL 83.36 Target 83.57 / 83.65 / 83.73
12.30PM : Sell GBPINR (JAN) SB 83.31 SL 83.42 Target 83.21 / 83.13 / 83.05

12.30PM : Buy JPYINR (JAN) SA 58.36 SL 58.25 Target 58.46 / 58.54 / 58.62
12.30PM : Sell JPYINR (JAN) SB 58.20 SL 58.31 Target 58.10 / 58.02 / 57.94

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Free Currency USDINR Tips - 09.01.2017

Free Currency USDINR Tips - 09.01.2017


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Free Nifty and Banknifty Option Tips : 09.01.2017

Free Nifty and Banknifty  Option Tips : 09.01.2017



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11.30AM : Buy USDINR (JAN) SA 68.43 SL 68.32 Target 68.53 / 68.61 / 68.69
11.30AM : Sell USDINR (JAN) SB 68.27 SL 68.38 Target 68.17 / 68.09 / 68.01

11.30AM : Buy EURINR (JAN) SA 72.04 SL 71.93 Target 72.14 / 72.22 / 72.30
11.30AM : Sell EURINR (JAN) SB 71.88 SL 71.99 Target 71.78 / 71.70 / 71.62

11.30AM : Buy GBPINR (JAN) SA 83.49 SL 83.38 Target 83.59 / 83.67 / 83.75
11.30AM : Sell GBPINR (JAN) SB 83.33 SL 83.44 Target 83.23 / 83.15 / 83.07

11.30AM : Buy JPYINR (JAN) SA 58.34 SL 58.23 Target 58.44 / 58.52 / 58.60
11.30AM : Sell JPYINR (JAN) SB 58.18 SL 58.29 Target 58.08 / 58.00 / 57.92

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Currency Market Update : 09.01.2017 10:57

Currency Market Update : 09.01.2017 10:57
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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Currency Market Update
1/9/2017 10:57
USDINR:Trend-UP
EURINR:Trend-UP
GBPINR:Trend-Down
JPYINR:Trend-Down
EURUSD:Trend-UP
GBPUSD:Trend-UP
USDCHF:Trend-Down
USDJPY:Trend-Down
USDCAD:Trend-Down
AUDUSD:Trend-UP
EURGBP:Trend-UP
EURAUD:Trend-Down
EURCHF:Trend-UP
EURJPY:Trend-Down
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Free Currency USDINR Tips - 09.01.2017

Free Currency USDINR Tips - 09.01.2017


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We(rupeedesk.in) are leading Indian Stock Market Trading Tips Providers for Equity,Commodity and currency market traded in NSE,MCX,NCDEX And MCXSX.

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Free Nifty and Banknifty Option Tips : 09.01.2017

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Free Stock Options Tips : 09.01.2017

Free Stock Options Tips  : 09.01.2017



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10.05AM : Buy USDINR (JAN) SA 68.41 SL 68.30 Target 68.51 / 68.59 / 68.67
10.05AM : Sell USDINR (JAN) SB 68.25 SL 68.36 Target 68.15 / 68.07 / 67.99

10.05AM : Buy EURINR (JAN) SA 72.05 SL 71.94 Target 72.15 / 72.23 / 72.31
10.05AM : Sell EURINR (JAN) SB 71.89 SL 72.00 Target 71.79 / 71.71 / 71.63

10.05AM : Buy GBPINR (JAN) SA 83.80 SL 83.69 Target 83.90 / 83.98 / 84.06
10.05AM : Sell GBPINR (JAN) SB 83.64 SL 83.75 Target 83.54 / 83.46 / 83.38

10.05AM : Buy JPYINR (JAN) SA 58.34 SL 58.23 Target 58.44 / 58.52 / 58.60
10.05AM : Sell JPYINR (JAN) SB 58.18 SL 58.29 Target 58.08 / 58.00 / 57.92

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Rupee opens at 68.17 per dollar; slips 21 paise : 09.01.2017

Rupee opens at 68.17 per dollar; slips 21 paise : 09.01.2017
USD-INR is expected to trade in a range of 67.80-68.20/dollar for the day, Veracity.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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The Indian rupee declined in the early trade on Monday. It has opened lower by 21 paise at 68.17 per dollar versus 67.96 Friday. Veracity, "The rupee will continue to trade sideways but with a positive bias as optimism in equity market will help it appreciate. The USD-INR is expected to trade in a range of 67.80-68.20/dollar for the day." The dollar held steady after mixed US payrolls report. Yields on US 10-year notes rose from 2.33 percent to 2.42 percent on the data.

Rupee continue to trade sideways : 09.01.2017

Rupee continue to trade sideways : 09.01.2017
USD-INR is expected to trade in a range of 67.80-68.20/USD for the day, Veracity.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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"The rupee will continue to trade sideways but with a positive bias as optimism in equity market will help it appreciate. The USD-INR is expected to trade in a range of 67.80-68.20/USD for the day."

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9.15AM : Buy USDINR (JAN) SA 68.40 SL 68.29 Target 68.50 / 68.58 / 68.66
9.15AM : Sell USDINR (JAN) SB 68.24 SL 68.35 Target 68.14 / 68.06 / 67.98

9.15AM : Buy EURINR (JAN) SA 72.07 SL 71.96 Target 72.17 / 72.25 / 72.33
9.15AM : Sell EURINR (JAN) SB 71.91 SL 72.02 Target 71.81 / 71.73 / 71.65

9.15AM : Buy GBPINR (JAN) SA 83.83 SL 83.72 Target 83.93 / 84.01 / 84.09
9.15AM : Sell GBPINR (JAN) SB 83.67 SL 83.78 Target 83.57 / 83.49 / 83.41

9.15AM : Buy JPYINR (JAN) SA 58.36 SL 58.25 Target 58.46 / 58.54 / 58.62
9.15AM : Sell JPYINR (JAN) SB 58.20 SL 58.31 Target 58.10 / 58.02 / 57.94

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Free Currency , Commodity and Equity Levels : 08.01.2017

Free Currency , Commodity and Equity Levels : 08.01.2017
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