USD JPY @ 107.80 Forex Risk Management SolutionsUSD JPY Spot @ 106.90, In march this level have been tested several times, now we can expect as it’s break 106.90-92, inverted head and shoulder will be confirm. US $ will be strong and Yen will be week and we will see levels @ 107.80-84 and than 108.60
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USD INR Currency DRIVE By INFI FORX USD INR spot 64.98 now it’s forming triangle not bullish nor bearish, as it’s break 64.80-82, we expect for 64.64 then 64.42, for the bullish have to break 65.12, today RBI monetary policy coming, it’s expected there is no change in interest change, and in coming days major oil payments have to be done govt. it will support INR.
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EUR/USD Currency Risk Management AdvisoryEUR/USD spot 1.2281, from Mid Jan 2018 to till now market try to break 1.2280 level several times but it’s not succeed, from last one month market not able to break 1.2400 level, now it’s forming series of lower high, another signal of downtrend, and US polices for trade, are also supporting strong $, as it’s break 1.2242-44, expected to be test 1.2080 in coming sessions There is no trade zone between 1.2242-84.
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USD INR Currency DRIVE INIF FOREXUSD INR Spot is 65.19, from March starting market ranging from 64.80-65.30, after testing the level 65.30 thrice in last 2 days and in the starting of March, but market still unable to break this, now market is above the middle line of the ranging that is 65.10, as market break 65.10 will test 64.80 then 64.40, on the other hand if market unable to break 65.10, it would expected to bearish towards 65.60-80
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USD INR CURRENCY DRIVE, FOREX RISK MANAGEMENT USD INR Spot 64.81, after a strong rally yesterday market test 64.91( 3 months High), now trading in range 64.74-92, it’s expected before break 64.92, it would be ranging from 64.55-64.90.,
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