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01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
EURUSD Price May Retrace to $1.19 Level Before Bearish Movement Continues - Swastika Investmart Ltd
News By Tags | #2767 #2911

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News in headline:

* Dollar dips after Fed rally, Bitcoin slumps

* EURUSD Price May Retrace to $1.19 Level Before Bearish Movement Continues

* US 10-Year Treasury Yield Rebounds from 4-Month Lows

Chart of the day:

The day trend in EURINR is indicating sideways to downside move as facing trendline on the daily chart so selling can be done.

Technical View:

* The mixed move can be seen in currency

 

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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory

Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct
Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct
USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities
USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities
GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart
GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart

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The USD/INR futures pair has support at 82.10 levels whereas resistance is placed at 82.40 levels - Monarch Networth Capital
The GBP/INR futures pair has support at 95.90 levels whereas resistance is placed at 96.30 levels - Monarch Networth Capital
The GBP/INR futures pair has support at 95.90 levels whereas resistance is placed at 96.30 levels - Monarch Networth Capital
Rupee is likely to appreciate further today amid weakness in dollar and decline in US treasury yields - ICICI Direct
Rupee is likely to appreciate further today amid weakness in dollar and decline in US treasury yields - ICICI Direct