This experience is put together to produce trading systems and publish several trading and investing newsletters for the day trader, swing trader, position trader & the long term investor in Indian Stocks & Indices.
2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
5:20pm
JPY
Current Account - 1.64T
5:20pm
JPY
Bank Lending y/y - 2.5%
2:00pm
EUR
Sentix Investor Confidence - 18.5
6:30pm
USD
FOMC Member Lockhart Speaks - -
10th-13th
USD
Mortgage Delinquencies - 5.54%
9:55pm
USD
FOMC Member Lockhart Speaks - -
Rupee trades nearly unchanged against US dollar at 63.79.
Dollar steady before jobs data, sterling weaker.
Won, Taiwan dollar rises; ringgit at 17-year low.
Australia, New Zealand dollars seen lower again on rate outlook.
Swiss forex reserves hit record in July as franc weakens.
UK trade deficit widens in June but balance improves in 2nd
quarter
German exports in June 2015: +13.7% on June 2014.
German Production in June 2015 down a seasonally adjusted –1.4%
on the previous month.
News FLASH
Economic calendar – Aug 10
3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.9000 63.8000 63.7000 64.2000 64.3000 64.4000
EURINR 69.9000 69.8000 69.7000 70.1000 70.2000 70.3000
GBPINR 99.2000 99.1000 99.0000 99.5000 99.6000 99.7000
JPYINR 51.3000 51.2000 51.1000 51.5000 51.6000 51.7000
EURINR on its daily charts had given closing on a positive note and closed on upper consolidation on
intraday charts so up move can be seen above the level of 70.1000.
Pivot table
TECHNICAL VIEW
EURINR