USDINR OUR 1ST TARGET DONE OF 54.65 MADE LOW 54.64 SELL CALL GIVEN@54.90
WELCOME
Wednesday, 19 December 2012
currency call ---->19 dec 2012
TECHNICAL Impact
USD INR (DEC– Expiry)
US dollar is looking weak on charts hence selling is
recommended in USD.
Sell around 54.9000 with a SL 55.0500 possible targets of
54.6500/54.5000/54.2000.
EUR INR (DEC – Expiry)
Euro might fall further as technically looking weak.
Sell below 72.6000 with a SL 72.7000 possible targets of
72.4800/72.3300/72.2000.
OR
Buy above 72.7000 with a SL 72.6000 possible targets of
72.8525/72.9800/73.1000.
Currency Headlines
Yen falls before Bank of Japan meet.
Yen is hovering near sixteen months low against Euro before
Bank of Japan meet. Speculations have increased that Bank of
Japan might further ease monetary policies which has increased
the pressure on their currency. The euro rose to as high as
$1.3256 on trading platform EBS, its strongest level since early
May. It last changed hands at $1.3252, up 0.2 percent on the day.
Against the yen, the euro rose 0.3 percent to 111.73 yen , the
single currency's highest level in nearly 16 months.
Tuesday, 18 December 2012
currency call update -->18 dec 2012
USDINR ALMOST ALL TARGET ACHIEVED MADE HIGH 55.14 CALL GIVEN IN MORNING
@54.81
RS.33000/- PROFIT IN A SINGLE DAY ON 100000 INVESTMENT ONLY
@54.81
RS.33000/- PROFIT IN A SINGLE DAY ON 100000 INVESTMENT ONLY
currency call update ---->18 dec 2012
usdinr made low of 54.76 as it above of our buy price .....2nd target done made high 54.9750
next we looking to 55.15....
next we looking to 55.15....
Currency Headlines------> 18 dec 2012
Currency Headlines
China Signals Tolerance of Slower Growth after
Meeting
GB£
China said it will seek a higher “quality and efficiency”
of growth next year, signaling new leaders may accept a
reduced pace of expansion in exchange for a more
sustainable model.
There was no mention of seeking “relatively fast” growth, a
policy in place since 2006, in a report yesterday by the staterun Xinhua News Agency after the annual central economic
work conference in Beijing. Leaders vowed to target
“sustained and healthy development” as they maintain a
“prudent” monetary policy and “proactive” fiscal stance,
Xinhua said.
European Union, Singapore Complete Free
Trade Pact Negotiations
The European Union and Singapore concluded negotiations
on a free-trade agreement after almost three years of talks,
boosting the bloc’s efforts to increase commerce with Asian
nations to revive economic growth.
The EU will eliminate tariffs on all imports from Singapore
over five years, while the island will allow duty-free access
for all incoming shipments from the region immediately, the
city’s Ministry of Trade and Industry said in a statement
today. The deal will help companies from both signatories to
bid for government contracts in the other’s market.
TECHNICAL INSIGHT
Post RBI Meet outcome, Currencies can see fast movement
either side
USD INR (DEC – Expiry)
USDINR is towards strong resistance zone, also the pair has
support on downside. Thus giving opportunity from both sides.
Buy near 54.60 SL 54.45 for possible TGT of 54.80/54.95/55.15
OR Sell near 55.20 SL 55.40 for possible TGT of
55.00/54.80/54.60
EUR INR (DEC – Expiry)
Euro has covered too much up move, in too little time. There are
chances of the pair correcting down from higher levels.
Sell near 72.63 SL 72.80 possible TGT 72.51/72.39/72.14
GBP INR (DEC – Expiry)
Pound can also face selling pressure from higher levels after too
sharp spike up. Can be Sold from higher levels.
Sell near 89.50 SL 89.67 possible TGT 89.35/89.16/88.97
JPY INR (DEC – Expiry)
Wait for RBI Outcome and USDINR Movement, as JPYINR is on
pull back from lower levels. However, Correction in USDINR can
pull it down.
Monday, 17 December 2012
CURRENCY TECHNICAL INSIGHT--17 DEC 2012
Currency Headlines
Yen Drops for Fifth Week on Post-Election Stimulus Speculation GB£
The yen slumped for a fifth week against the dollar, the longest streak since March, before Japanese opposition leader Shinzo Abe, an advocate of unlimited monetary stimulus, is projected to win weekend elections.
The 17-nation euro gained against all of its major peers after European Union finance ministers agreed to put the European Central Bank in charge of the area’s lenders. The dollar fell against the majority of its most-traded peers as the Federal Reserve said it will buy an additional $45 billion of Treasuries a month, which may debase the currency. The Japanese currency reached an almost nine-month low as the Bank of Japan (8301) said its Tankan index for large companies fell to its lowest level since March 2010
Spanish Bonds Rise After Debt Sale, EU Agreement on Greek Aid
Spanish bonds advanced for a third week in four as borrowing costs fell at a debt sale and after European leaders signed off on the next aid tranche for Greece, stoking optimism the euro-region debt crisis is being contained.
Greece’s 10-year debt rose for a sixth week after the nation said it had reached a deal to buy back some of its sovereign securities. Similar-maturity German bunds fell as European Union leaders approved the payout of 49.1 billion euros ($64.3 billion) of loans for Greece through March and laying the groundwork for a supra-national bank supervisor, damping demand for the safest assets. Spain sold 2.02 billion euros of government debt.
TECHNICAL INSIGHT USD INR (DEC – Expiry)
US dollar seems to be in range. The opportunity can be both sides
Buy near 54.30 SL 54.15 for possible TGT of 54.50/54.70/54.95 OR Sell near 55 SL 55.20 for possible TGT of 54.80/54.60/54.30
EUR INR (DEC – Expiry)
Euro has shown strong up moves vs USD globally, it can be considered BUY against INR also.
Buy near 71.15 SL 71 possible TGT 71.34/71.50/71.67
GBP INR (DEC – Expiry)
Pound is facing pressure at higher levels. Also supports are nearby. The opportunity can be taken both sides
Sell near 88. 35 SL 88.57 possible TGT 88.19/88.02/88.86 OR Buy near 87.69 SL of 87.55 for possible TGT 87.86/88.02/88.19/88.35 JPY INR (DEC – Expiry)
YEN INR (DEC - EXPIRY)
Yen is showing weakness BUT it is getting support at lower levels. The Currency looks "Oversold" .Thus, making it good Buy on dips chart.
Buy near 64.88 SL 64.75 possible TGT 65.02/65.19/65.35/65.53
Yen Drops for Fifth Week on Post-Election Stimulus Speculation GB£
The yen slumped for a fifth week against the dollar, the longest streak since March, before Japanese opposition leader Shinzo Abe, an advocate of unlimited monetary stimulus, is projected to win weekend elections.
The 17-nation euro gained against all of its major peers after European Union finance ministers agreed to put the European Central Bank in charge of the area’s lenders. The dollar fell against the majority of its most-traded peers as the Federal Reserve said it will buy an additional $45 billion of Treasuries a month, which may debase the currency. The Japanese currency reached an almost nine-month low as the Bank of Japan (8301) said its Tankan index for large companies fell to its lowest level since March 2010
Spanish Bonds Rise After Debt Sale, EU Agreement on Greek Aid
Spanish bonds advanced for a third week in four as borrowing costs fell at a debt sale and after European leaders signed off on the next aid tranche for Greece, stoking optimism the euro-region debt crisis is being contained.
Greece’s 10-year debt rose for a sixth week after the nation said it had reached a deal to buy back some of its sovereign securities. Similar-maturity German bunds fell as European Union leaders approved the payout of 49.1 billion euros ($64.3 billion) of loans for Greece through March and laying the groundwork for a supra-national bank supervisor, damping demand for the safest assets. Spain sold 2.02 billion euros of government debt.
TECHNICAL INSIGHT USD INR (DEC – Expiry)
US dollar seems to be in range. The opportunity can be both sides
Buy near 54.30 SL 54.15 for possible TGT of 54.50/54.70/54.95 OR Sell near 55 SL 55.20 for possible TGT of 54.80/54.60/54.30
EUR INR (DEC – Expiry)
Euro has shown strong up moves vs USD globally, it can be considered BUY against INR also.
Buy near 71.15 SL 71 possible TGT 71.34/71.50/71.67
GBP INR (DEC – Expiry)
Pound is facing pressure at higher levels. Also supports are nearby. The opportunity can be taken both sides
Sell near 88. 35 SL 88.57 possible TGT 88.19/88.02/88.86 OR Buy near 87.69 SL of 87.55 for possible TGT 87.86/88.02/88.19/88.35 JPY INR (DEC – Expiry)
YEN INR (DEC - EXPIRY)
Yen is showing weakness BUT it is getting support at lower levels. The Currency looks "Oversold" .Thus, making it good Buy on dips chart.
Buy near 64.88 SL 64.75 possible TGT 65.02/65.19/65.35/65.53
Friday, 14 December 2012
USD INR (DEC– Expiry)
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 54.4600 with a SL 54.6000 possible targets of 54.3000/54.2000/54.1000.
EUR INR (DEC – Expiry)
Euro might fall further as technically looking weak.
Sell below 71.3200 with a SL 71.4200 possible targets of 71.2000/71.1000/70.9900.
OR
Buy above 71.4200 with a SL 71.3200 possible targets of 71.3025/71.2000/71.1000.
Currency Headlines
Korean won is still in bullish bets on US stimulus.
Korean won is still hovering in bullish territory as Federal Reserve is willing to extend its monetary stimulus base which has given support to the high assets demand. Korean won is hovering near three months high levels enjoying the monetary easing of U.S policy makers as the demand of the high yield assets are still high. The won climbed 0.8 percent this week to 1,073.45 per dollar, the most since the week ended Sept. 14. The yield on the government’s 2.75 percent bonds due September 2017 rose six basis points, or 0.06 percentage point this week, to 2.99 percent, Korea Exchange Inc. prices show. The one-year interest-rate swap increased five basis points to 2.81 percent.
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 54.4600 with a SL 54.6000 possible targets of 54.3000/54.2000/54.1000.
EUR INR (DEC – Expiry)
Euro might fall further as technically looking weak.
Sell below 71.3200 with a SL 71.4200 possible targets of 71.2000/71.1000/70.9900.
OR
Buy above 71.4200 with a SL 71.3200 possible targets of 71.3025/71.2000/71.1000.
Currency Headlines
Korean won is still in bullish bets on US stimulus.
Korean won is still hovering in bullish territory as Federal Reserve is willing to extend its monetary stimulus base which has given support to the high assets demand. Korean won is hovering near three months high levels enjoying the monetary easing of U.S policy makers as the demand of the high yield assets are still high. The won climbed 0.8 percent this week to 1,073.45 per dollar, the most since the week ended Sept. 14. The yield on the government’s 2.75 percent bonds due September 2017 rose six basis points, or 0.06 percentage point this week, to 2.99 percent, Korea Exchange Inc. prices show. The one-year interest-rate swap increased five basis points to 2.81 percent.
pfc call update of 10th dec----->14 dec 2012
PFC CALL 1ST TARGET ACHIEVED CMP 190 LOT SIZE IS 2000 CALL GIVEN IS 207 .....
34000 PROFIT IN 1 LOT
34000 PROFIT IN 1 LOT
currency technical---->14 dec 2012
USD INR (DEC– Expiry)
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 54.4600 with a SL 54.6000 possible targets of 54.3000/54.2000/54.1000.
EUR INR (DEC – Expiry)
Euro might fall further as technically looking weak.
Sell below 71.3200 with a SL 71.4200 possible targets of 71.2000/71.1000/70.9900.
OR
Buy above 71.4200 with a SL 71.3200 possible targets of 71.3025/71.2000/71.1000.
Currency Headlines
Korean won is still in bullish bets on US stimulus.
Korean won is still hovering in bullish territory as Federal Reserve is willing to extend its monetary stimulus base which has given support to the high assets demand. Korean won is hovering near three months high levels enjoying the monetary easing of U.S policy makers as the demand of the high yield assets are still high. The won climbed 0.8 percent this week to 1,073.45 per dollar, the most since the week ended Sept. 14. The yield on the government’s 2.75 percent bonds due September 2017 rose six basis points, or 0.06 percentage point this week, to 2.99 percent, Korea Exchange Inc. prices show. The one-year interest-rate swap increased five basis points to 2.81 percent.
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 54.4600 with a SL 54.6000 possible targets of 54.3000/54.2000/54.1000.
EUR INR (DEC – Expiry)
Euro might fall further as technically looking weak.
Sell below 71.3200 with a SL 71.4200 possible targets of 71.2000/71.1000/70.9900.
OR
Buy above 71.4200 with a SL 71.3200 possible targets of 71.3025/71.2000/71.1000.
Currency Headlines
Korean won is still in bullish bets on US stimulus.
Korean won is still hovering in bullish territory as Federal Reserve is willing to extend its monetary stimulus base which has given support to the high assets demand. Korean won is hovering near three months high levels enjoying the monetary easing of U.S policy makers as the demand of the high yield assets are still high. The won climbed 0.8 percent this week to 1,073.45 per dollar, the most since the week ended Sept. 14. The yield on the government’s 2.75 percent bonds due September 2017 rose six basis points, or 0.06 percentage point this week, to 2.99 percent, Korea Exchange Inc. prices show. The one-year interest-rate swap increased five basis points to 2.81 percent.
Subscribe to:
Posts (Atom)