This section contains Lots of Forex trading tips. It is then followed by technical analysis at different levels: general technical ideas and then a focus about range.

1. 17 JULY15
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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
6:00pm
USD
Building Permits 1.11M 1.25M
6:00pm
USD
CPI m/m 0.3% 0.4%
6:00pm
USD
Core CPI m/m 0.2% 0.1%
6:00pm
USD
Housing Starts 1.10M 1.04M
7:30pm
USD
Prelim UoM Consumer Sentiment 96.0 96.1
7:30pm
USD
FOMC Member Fischer Speaks - -
 Forex cushion makes rupee more resilient to global shocks.
 Euro falls to 8-year lows against sterling.
 New Zealand Consumer Price Index (CPI) rose 0.4 percent in the
June 2015 quarter.
 Euro slips to six-week low after Greece approves bailout plan.
 Annual inflation down to 0.2% in the euro area.
 Greece asks ECB for €1.5bn increase in ELA.
 Italy Global Trade Balance increased to €4.18B in May from
previous €3.74B.
News FLASH
Economic calendar – July 17

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.5000 63.4000 63.3000 63.7000 63.8000 63.9000
EURINR 69.1000 69.0000 68.9000 69.4000 69.5000 69.6000
GBPINR 99.1000 99.0000 98.9000 99.5000 99.6000 99.7000
JPYINR 51.2000 51.1000 51.0000 51.4000 51.5000 51.6000
GBPINR on its daily charts seems to take resistance on higher levels and reverse from current levels;
hence selling pressure can be seen below the level of 99.2500.
Pivot table
TECHNICAL VIEW
GBPINR

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