USDINR October has resistance at 61.65-61.70: Emkay

Written By Unknown on Rabu, 08 Oktober 2014 | 14.02

Emkay has come out with its trading strategies on currencies. According to the research firm, October USDINR prices are expected to have resistance at 61.65-61.70 and selling can be seen there. Prices on lower side can fall towards 61.45-61.50 and again bounce can be seen there, says the report.

Emkay: Currencies technical outlook for the day

USDINR
October USDINR prices are expected to have resistance at 61.65-61.70 and selling can be seen there. Prices on lower side can fall towards 61.45-61.50 and again bounce can be seen there. Prices should not move above 61.80 to maintain the negative outlook for the day.

EURINR
EURINR October prices are expected to have resistance at 78.10 and prices can remain sideways to weak till trades below this. On lower side prices have support at 77.65 and fresh selling can be seen below this and prices can extend fall towards 77.45.

JPYINR
JPYINR October prices are expected to have resistance at 57.10 and selling can be seen there. On lower side prices have support at 56.70 and 56.50. Prices should not move above 57.30 to maintain the negative outlook for the day.

GBPINR
GBPINR October prices are expected to have resistance at 99.10 and prices are expected to travel southwards and can test 98.50. Prices should not move above 99.50 to maintain the negative outlook for the day.

EURUSD
EURUSD prices are expected to have intraday resistance at 1.2670-1.2680 and can witnessed selling pressure. Prices on lower side can have support at 1.2550. Prices are expected to remain weak till trades below 1.2730 in coming days.

GBPUSD
GBPUSD Prices have intraday resistance at 1.6130 and as far as prices are trading below this level prices can trade sideways to lower. Prices have intraday support at 1.5950. Only a sustained breakout above 1.6100 can take prices further higher else prices can remain sideways to weak.

USDJPY
USDJPY prices are expected to have support at 107.9-108.0 and bounce can be seen there. Prices on higher side can again face resistance at 108.8-109.0 and prices are expected to remain in this range. Prices should not fall below 107.5 to maintain positive outlook for the day.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here


Anda sedang membaca artikel tentang

USDINR October has resistance at 61.65-61.70: Emkay

Dengan url

https://rokokkanker.blogspot.com/2014/10/usdinr-october-has-resistance-at-6165.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

USDINR October has resistance at 61.65-61.70: Emkay

namun jangan lupa untuk meletakkan link

USDINR October has resistance at 61.65-61.70: Emkay

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger