This is a good trend of share market for investing in stock, commodity and currency. Trifid Research has always prepared for his clients and trader providing good market suggestion and tips.
2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
05:20am
JPY
Core Machinery Orders m/m - -1.7%
05:20am JPY
Monetary Policy Meeting Minutes - -
05:20am JPY
M2 Money Stock y/y - 3.5%
05:20am JPY
PPI y/y - 0.5%
13th-16th EUR
German WPI m/m - 0.5%
01:30pm EUR
Italian Industrial Production m/m - -0.7%
Rupee weakens on increased demand of dollar from importers.
Dollar moves higher vs. rivals on growing U.S. rate hike hopes.
GBP/USD falls to 3-week lows after downbeat U.K. data.
EUR/USD holds steady near 3-week lows.
Aussie holds early gains as consumer prices in China edge up.
French manufacturing output stable in February (0.0%, after –0.3%
in January).
China inflation holds steady in March; CPI rose 1.4% on year and
PPI fell 4.6% in March.
News FLASH
Economic calendar - April 13
3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 62.4000 62.3000 62.2000 62.6000 62.7000 62.8000
EURINR 66.1000 66.0000 65.9000 66.4000 66.5000 66.6000
GBPINR 91.2000 91.1000 91.1000 91.5000 91.6000 91.7000
JPYINR 51.8000 51.7000 51.6000 52.0000 52.1000 52.2000
EURINR on daily charts had closed near to the major support level of 66.0175 and hence selling pressure
may enhance if it sustains below the level of 66.1400.
Pivot table
TECHNICAL VIEW
EURINR