GBPINR is above Ichimoku Kumo and price action heading above Tenkan/Kijun signifying a BUY ONLY ABOVE 90.60 with Stop-loss of 88 and Target1 at 92.45, Target2@94 and Target3@96.45
EURINR trading above Ichimoku Kumo and has just entered the cloud in Monthly charts. Trade BUY EURINR only at 79.15 with Stop-loss of 77.45 and Target1 @ 82, Target 2 @ 85 and Target 3 @ 92. This analysis is on special request (Education preferably) and any trading done on this analysis should be taken after consulting your financial advisor.
JPYINR is in strong uptrend in daily charts. Buy only above 0.620 with Stop-loss of 0.590 and Target 1 at 0.636, Target2 at 0.657 and Target 3 at 0.69 This analysis is posted on special request. Any trading done has to be considered only after taking advise from Financial Advisor.
EURUSD 1.1895 Target 1.2087 plus Stop 1.1775 Rationale: 1) Inverse H & S formation observed. 2) Price pierced past the neckline resistance level, which possibly could act as a support. 3) Price possibly forming cup and handle structure.
USD INR Spot 65.45, expected to go longer, but it's not right time to buy if market not break 65.27, and then 65.04, and stay long up to 65.74, expected to test 66.60 in coming Days, 65.04 is strong support and 50% Fibo Level, also potentially forming bullish flag. Call Buy @ 65.74, And 65.02 call Sell @ 65.45 to 65.27 for 12 Paisa
GBPAUD looks like gonna break resistance, risk is very small as compared to expected profit
Continuation On MACD supporting upside in USDINR chart