TECHNICAL Impact
USD INR (JAN– Expiry)
US dollar is looking weak on charts hence selling is recommended in USD.
Sell CMP 55.0000 with a SL 55.1500 possible targets of 54.7500/54.6500/54.5000.
EUR INR (JAN – Expiry)
Euro might fall further as technically looking weak.
Sell below 72.78000 with a SL 72.8800 possible targets of 72.6400/72.5400/72.4000.
OR
Buy above 72.8800 with a SL 72.7800 possible targets of 72.9900/73.0925/73.2000.
Currency Headlines
Dollar falls on Obama’s fiscal deficit deal.
Dollar falls as President Barack Obama said Congress is “close” to a deal to protect all but top earners from a tax increase as part of deal to avert the so-called fiscal cliff which has increased the pressure on their currency. The difference in the number of wagers by hedge funds and other large speculators on a drop in the euro compared with those on a gain, so-called net shorts, was 2,549 on Dec. 25, the least since September 2011, the data showed Dec. 28. The dollar gained 0.2 percent to $1.3193 per euro at 5 p.m. New York time. The U.S. currency appreciated 0.9 percent to 86.75 yen, reaching the strongest since Aug. 2, 2010. The yen lost 0.8 percent to 114.46 per euro.
USD INR (JAN– Expiry)
US dollar is looking weak on charts hence selling is recommended in USD.
Sell CMP 55.0000 with a SL 55.1500 possible targets of 54.7500/54.6500/54.5000.
EUR INR (JAN – Expiry)
Euro might fall further as technically looking weak.
Sell below 72.78000 with a SL 72.8800 possible targets of 72.6400/72.5400/72.4000.
OR
Buy above 72.8800 with a SL 72.7800 possible targets of 72.9900/73.0925/73.2000.
Currency Headlines
Dollar falls on Obama’s fiscal deficit deal.
Dollar falls as President Barack Obama said Congress is “close” to a deal to protect all but top earners from a tax increase as part of deal to avert the so-called fiscal cliff which has increased the pressure on their currency. The difference in the number of wagers by hedge funds and other large speculators on a drop in the euro compared with those on a gain, so-called net shorts, was 2,549 on Dec. 25, the least since September 2011, the data showed Dec. 28. The dollar gained 0.2 percent to $1.3193 per euro at 5 p.m. New York time. The U.S. currency appreciated 0.9 percent to 86.75 yen, reaching the strongest since Aug. 2, 2010. The yen lost 0.8 percent to 114.46 per euro.
sir your oll tgt nice ( thanks sir )
ReplyDeletenisc call sir jee
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