The document provides a market outlook and currency analysis as of August 21, 2017, highlighting the stability of the Indian rupee against the U.S. dollar amidst global uncertainties, including U.S. political issues and economic concerns. It includes data on various currency pairs and their daily changes, alongside key economic indicators from the U.S. and Canada. Additionally, there are insights on trading recommendations for currency pairs and a privacy policy regarding client information at Trifid Research.

1. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Daily Market Reflection
21st
August 2017
Market Outlook
Fundamental News
Reference Rate
Currency
Date Date
% Chg
17-08-17 18-08-17
USDINR 64.2428 64.1048 -0.21%
EURINR 75.3761 75.2078 -0.22%
GBPINR 82.6162 82.6183 +0.00%
JPYINR 58.0100 58.6300 +1.07%
The Rupee largely shrugged off the high volatility in stocks and ended
steady at 64.15 against the US dollar even as investors reacted to US
political turmoil and terror attack in Spain.
Most Asian currencies were subdued on Friday, while the Philippines
peso hit a fresh 11-year low, as markets shied away from riskier assets
amid rising doubts about U.S. President’s ability to push through his
economic agenda. Investors fretted over the implications for Trump's
plans for tax cuts and infrastructure spending after the president
disbanded two high-profile business advisory councils on Wednesday.
 United States Michigan Consumer Sentiment Index registered
at 97.6 above expectations (94) in August.
 Canada Bank of Canada Consumer Price Index Core (MoM)
below forecasts (0.1%) in July: Actual (-0.1%).
 India FX Reserves, USD rose from previous $393.45B to
$393.61B..
Event Calendar (21st Aug 2017)
Time Currency Event Forecast Previous
4:31am GBP Rightmove HPI m/m - 0.10%
21st-24th CNY
Foreign Direct
Investment ytd/y
- -0.10%
8:30am NZD
Credit Card Spending
y/y
- 8.30%
10:00am JPY
All Industries Activity
m/m
0.50% -0.90%
3:30pm EUR
German Buba Monthly
Report
- -
6:00pm CAD Wholesale Sales m/m 0.60% 0.90%
Currencies vs $
Currency
Close
(5:00pm)
Prev
Close
% Chg
Rupee 64.082 64.215 -0.21%
Dollar Index 93.36 93.64 -0.30%
Euro 1.1761 1.1723 +0.32%
Pound 1.2878 1.2868 +0.08%
Japanese Yen 109.19 109.58 -0.36%
Currency Future
Currency
Date Date
% Chg
16-08-17 18-08-17
USDINR 64.2325 64.2125 -0.03%
EURINR 75.2225 75.4575 +0.31%
GBPINR 82.7400 82.7825 +0.05%
JPYINR 58.0175 58.8950 +1.51%
Global Commodities
Commodity Close Prev.Close % Chg
Gold 1290.27 1292.40 -0.16%
Silver 16.957 17.053 -0.56%
Crude 48.70 47.09 +3.42%
Copper 2.940 2.938 +0.07%
USDINR
OUR PREVIOUS CALLS UPDATE
Intradaysuper star
Date Currency Entry Exit P/L
18/08 GBPINR(S) 82.65 - UNEX
Trifid special
Date Currency Entry Exit P/L
18/08 EURINR(S) 75.18 - UNEX
For our next calls click here……..

2. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Overview
USDINR EURINR
R1 R2 S1 S2
64.3000 64.4000 64.1000 64.0000
USDINR traded on lower levels than previous close and
settled on lower note.
It has been constantly facing resistance at higher levels and
further slippage may find 64.0000 as important support
whereas 64.4000 is seenas immediate resistance.
R1 R2 S1 S2
75.6000 75.8000 75.3000 75.1000
EURINR opened higher than previous close and sustained at
such levels.
It has been hovering in a range and any closing above
75.6500 can strengthen the pair while 75.1000 is seen as
good support.
GBPINR
R1 R2 S1 S2
82.9000 83.1000 82.6000 82.4000
GBPINR traded in the same range as of previous session and
closed on a flat note.
If the currency pair slips below the near support of 82.6500
then it may further drag towards deeper supports while
83.0000-83.3000 is seenas immediate resistance range.
JPYINR
R1 R2 S1 S2
59.1000 59.3000 58.7000 58.5000
JPYINR opened gap up and continued the up move
throughout the sessionto close on strong note.
The currency pair is near to the mark of 59.0000 and
sustaining above it can strengthen it while 58.5000 will now
be seen as important support.

3. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Intraday Super Star
(Premium Section)
JPYINR showedsuddenpull back afterthree day consecutive fall and closed on a strong note. If the currency pair continues
the up move, then it may move ahead towards higher resistances.
BUY ABOVE 58.9300 TARGETS 59.0500/59.1700 SL 58.7300.

4. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Trifid Special
(Premium Section)
GBPINR closed around the trend line coming from deepersupports and the currency pair may give negative breakout if holds
below it.
SELL BELOW 82.6500 TARGET82.3500 SL 83.1500.

5. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Trifid Research respects and values the Right to Policy of each and every individual. We are esteemed
by the relationship and by becoming our clients; you have a promise from our side that we shall
remain loyal to all our clients and non-clients whose information resides with us. This Privacy Policy
of Trifid Research applies to the current clients as well as former clients. Below are the word by word
credentials of our Privacy Policy:
1. Your information, whether public or private, will not be sold, rented, exchanged, transferred
or given to any company or individual forany reason without your consent.
2. The only use we will be bringing to your information will be for providing the services to you
forwhich you have subscribed to us.
3. Your information given to us represents your identity with us. If any changes are brought in
any of the fields of which you have provided us the information, you shall bring it to our
notice by either calling us or dropping a mail to us.
4. In addition to the service provided to you, your information (mobile number, E-mail ID etc.)
can be brought in use for sending you newsletters, surveys, contest information, or
information about any new services of the company which will be for your benefit and while
subscribing for our services, you agree that Trifid Researchhas the right to do so.
5. By subscribing to our services, youconsent to our Privacy Policy and Terms of Use.
6. Trifid research does not guarantee or is responsible in any which way, for the trade execution
of our recommendations, this is the sole responsibility of the client.
7. Due to the market’s volatile nature, the trader may/ may not get appropriate opportunity to
execute the trades at the mentioned prices and Trifid Research hold’s no liability for any
profit/ loss incurred whatsoeverin this case.
8. It is the responsibility of the client to view the report timely from our Premium member
section on our website: www.trifidresearch.com and the same will also be mailed to this
registered email id.
9. Trifid research does not hold any liability or responsibility of delay in mail delivery of
reports, as this depends on our mail service provider’s network infrastructure.
10. The clients can call us for any query related to buying/selling the securities, based on our
recommendations.
DISCLAIMER