Currency trading everyday change with a fresh beginning, a new beginning - take up of new dreams, new relationships and lots of profits. Trifid research is an advisory firm registered with SEBI and helps to earn your profit to the furthest level of excellence. With our Currency Tips and Forex Tips you can raise high in the Forex Market.
2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
5:20am
JPY
Core Machinery Orders m/m -4.9% 0.6%
5:00pm
EUR ECB Monetary Policy Meeting
Accounts
- -
6:00pm
USD
Core Retail Sales m/m 0.5% -0.1%
6:00pm
USD
Retail Sales m/m 0.5% -0.3%
6:00pm
USD
Unemployment Claims 272K 270K
6:00pm
USD
Import Prices m/m -1.0% -0.1%
Indian rupee falls to lowest since 2013 crisis on yuan devaluation.
Sterling hits 1-month low against euro as UK wage growth slows.
Dollar drops as China move raises doubts over Fed hike timing.
Euro hits 2-week highs as China devalues yuan for second day.
Industrial production down by 0.4% in euro area.
China July factory output up 6 percent year on year, well below
forecast.
Portugal Consumer Price Index (MoM) registered at -0.7%, below
expectations (-0.5%) in July.
News FLASH
Economic calendar – Aug 13
3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 64.8000 64.7000 64.6000 65.2000 65.3000 65.4000
EURINR 72.2000 72.0000 71.8000 72.6000 72.8000 73.0000
GBPINR 101.0000 100.8000 100.6000 101.5000 101.7000 101.9000
JPYINR 52.2000 52.1000 52.0000 52.4000 52.5000 52.6000
EURINR on its daily charts had surpassed the important resistance of 71.2800 and further up move is
expected to continue if it holds above the level of 71.5300.
Pivot table
TECHNICAL VIEW
EURINR
