Impact of global cues resulting weakening of Indian rupee against USD.
Fibonacci Resistance Level at 75.41, 75.85 and then 76.26 and support levels are at 75.30, 75.10 and then 74.98.
Indian Rupee is recovering after a steep fall. Super Trend is now supporting Indian Rupee in 5 Min and 15 Min charts.
#NZDUSD weekly bias looks bearish. The seller’s price of interests are 0.6677, 0.6716
The possible targets are 0.6607, 0.6547
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#AUDUSD weekly bias looks bearish. The seller’s price of interests are 0.7230
The possible targets are 0.7075, 0.6993
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#USDCHF weekly bias looks bullish. The buyer’s price of interests are 0.9195
The possible targets are 0.9271, 0.9328
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2757, 1.2779
The possible targets are 1.2663, 1.2603
These analysis are based on the current market swing and we update our views based on the upcoming future swings
Overall, NZD/USD is trending downwards. Recently, NZD/USD bounced off the resistance zone of 0.67100.
The New Zealand Inflation Expectations q/q data (Actual: 3.27%, Forecast: NA, Previous: 2.96%) released last Friday indicated a higher level of inflation expectation from the Reserve Bank of New Zealand.
NZD/USD’s next support zone is at 0.65400 and the next...
#USDJPY weekly bias looks bearish. The seller’s price of interests 116.06
The possible targets are 115.05, 114.47
These analysis are based on the current market swing and we update our views based on the upcoming future swings
