Trifid Research has applied a new strategy for new traders and provides 2 days free trial in all segments as like stock tips, commodity tips and currency tips. This is more reliable and profitable for all old & new traders.
2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
Tentative
JPY
Monetary Policy Statement - -
Tentative
JPY
BOJ Press Conference - -
1:30pm EUR
German Ifo Business Climate 108.3 108.6
6:00pm USD
CPI m/m 0.1% 0.2%
7:00pm EUR
ECB President Draghi Speaks -
-
10:30pm USD
Fed Chair Yellen Speaks - -
Rupee strengthens to 63.66 on global dollar weakness.
China manufacturing output contracts at strongest rate in just over
a year.
Sterling rises after stronger than expected UK retail sales.
Euro higher after PMI data but gains capped.
Russia's rouble opens broadly weaker, falls around 0.6% against
dollar.
U.K. Retail Sales(1.2%) Rise More Than Forecast on Clothing Surge.
France: Moderate output growth maintained in May.
News FLASH
Economic calendar - May 22
3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.5000 63.4000 63.3000 63.8000 63.9000 64.0000
EURINR 70.7000 70.6000 70.5000 71.2000 71.4000 71.6000
GBPINR 99.7000 99.6000 99.5000 100.0000 100.1000 100.2000
JPYINR 52.5000 52.4000 52.3000 52.7000 52.8000 52.9000
GBPINR on daily charts had shown positive moves since last two sessions and is expected to continue if it
sustains above the level of 99.9400.
Pivot table
TECHNICAL VIEW
GBPINR