Powered by: Motilal Oswal

News

EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory USDINR Observations USDINR trading range for the day is 83.09-83.37. Rupee ended at lower as elevated U.S. treasury yields and weakness in other Asian currencies weighed The Reserve Bank of India is likely paying in rupee forwards across various deliveries via public sector banks. India’s external debt declined to 18.9 percent of GDP at the end of March 2023 from 20 per cent last year SELL USDINR SEP @ 83.35 SL 83.5 TGT 83.18-83.02   EURINR Observatio...
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
Source: Kedia Advisory
8/09/2023 10:12:25 AM
Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct Currency Outlook Rupee Outlook * Rupee slid towards its lowest level of 83.20 yesterday, amid strong dollar and outflow of funds from the domestic market. The rally in oil prices also weighed on the domestic currency * The pair is expected to face the hurdle near 83.30 and move towards 83.00 amid decline in US treasury yields and softer dollar. Meanwhile, investors will keep an eye on Fed members speech to get more clarity on the future rate path. The CME Fed Watch tool still indicat...
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
Source: ICICI Direct
8/09/2023 9:54:46 AM
USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities USDINR USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 is not breached any correction is buying opportunity so buy on dips near 83.10 for tgt of 83.33 and stoploss of 82.98 EURINR EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https:...
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
Source: Tradebulls Securities
8/09/2023 9:43:15 AM
GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar steadies near six-month highs; U.S. economy shows resilience * Dollar rises to six-month high after US data; weak yen prompts warning * Japan won't rule out options to halt FX speculation, officials say CHART OF THE DAY: OUTLOOK: GBPINR: GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82. Now, on the upside, it has immediate resistance around ...
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
Source: Swastika Investmart Ltd
8/09/2023 9:25:31 AM
The GBP/INR futures pair has support at 103.60 levels whereas resistance is placed at 104.00 levels - Monarch Networth Capital CURRENCY TECHNICAL OUTLOOK * The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels. The pair is expected to range bound until either side level is breached * The EUR/INR futures pair has support at 89.10 levels whereas resistance is placed at 89.40 levels. The pair is expected to find support at lower level and trade firm above 89.40 level up to 89.50 and 89.60 levels * The GBP/INR futures pair has support at 103.60 levels whereas resistanc...
The GBP/INR futures pair has support at 103.60 levels whereas resistance is placed at 104.00 levels - Monarch Networth Capital
The GBP/INR futures pair has support at 103.60 levels whereas resistance is placed at 104.00 levels - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
8/09/2023 9:08:59 AM
EURINR is likely to weaken towards 89 .00 - Axis Securities Ltd Currency Outlook Rupee Outlook * Rupee depreciated for the third day in a row on Wednesday on concerns that higher oil prices may fan inflation in the oil -importing nation . The elevated US treasury yields also pressured the domestic currency . * The pair is expected to hold the support near 83 .00 and move higher towards 83 .30 amid strong dollar and rising US rising treasury yield . The expectation of better economic numbers from US would support the Fed to keep the rates at highe...
EURINR is likely to weaken towards 89 .00 - Axis Securities Ltd
EURINR is likely to weaken towards 89 .00 - Axis Securities Ltd
Source: Axis Securities Ltd
7/09/2023 11:32:45 AM
Buy USDINR SEP @ 83.15 SL 83 TGT 83.32-83.45. - Kedia Advisory USDINR Observations USDINR trading range for the day is 82.77-83.45. Rupee weakened for a third straight session as elevated U.S.Treasury yields and rising global crude oil prices weighed. Expectations that the RBI may step in to defend the rupee and a slight reversal in crude prices could support the local unit. India's August services activity cools despite rise in new exports biz BUY USDINR SEP @ 83.15 SL 83 TGT 83.32-83.45.   EURINR Observations ...
Buy USDINR SEP @ 83.15 SL 83 TGT 83.32-83.45. - Kedia Advisory
Buy USDINR SEP @ 83.15 SL 83 TGT 83.32-83.45. - Kedia Advisory
Source: Kedia Advisory Ltd
7/09/2023 11:15:32 AM
Dollar edges lower, but remains elevated on global growth concerns - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar rises to six-month high after US data; weak yen prompts warning * Japan won't rule out options to halt FX speculation, officials say * Dollar edges lower, but remains elevated on global growth concerns   OUTLOOK:USDINR: USDINR after given fresh breakout above 83.00 and given close around 83.19, however, 83.30 is an immediate and critical resistance zone; above this, we can expect a s...
Dollar edges lower, but remains elevated on global growth concerns - Swastika Investmart
Dollar edges lower, but remains elevated on global growth concerns - Swastika Investmart
Source: Swastika Investmart Ltd
7/09/2023 10:27:23 AM
The USDINR pair followed cues from the rising Dollar index and the USDCNH, and rallied higher towards the 82.30 - USDINR The USDINR pair followed cues from the rising Dollar index and the USDCNH, and rallied higher towards the 82.30. On the daily chart, USDINR pair formed a strong bullish candle, indicating presence of bullish momentum in the pair. The RSI plotted in the daily chart can be seen moving higher towards the overbought level, indicating increasing bullish momentum in the pair. In the sessions to come, 83.30 is expected to act as a resistance level. If the pair manages to break above the 83...
The USDINR pair followed cues from the rising Dollar index and the USDCNH, and rallied higher towards the 82.30 -
The USDINR pair followed cues from the rising Dollar index and the USDCNH, and rallied higher towards the 82.30 -
Source: Axis Securities Ltd
7/09/2023 10:17:03 AM
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90 - Tradebulls Securities USDINR USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 is not breached any correction is buying opportunity so buy on dips near 83.05 for tgt of 83.25 and stoploss of 82.93   EURINR EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer...
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90 - Tradebulls Securities
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90 - Tradebulls Securities
Source: Tradebulls Securities Pvt Ltd
7/09/2023 9:50:31 AM
The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels - Monarch Networth Capital CURRENCY TECHNICAL OUTLOOK * The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels. The pair is expected to range bound until either side level is breached * The EUR/INR futures pair has support at 89.30 levels whereas resistance is placed at 89.70 levels. The pair is expected to find resistance at higher level and trade weak below 89.30 level up to 89.20 and 89.10 levels * The GBP/INR futures pair has support at 104.20 levels whereas resis...
The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels - Monarch Networth Capital
The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
7/09/2023 9:28:30 AM
Buy GBPINR SEP @ 104.2 SL 103.95 TGT 104.5-104.72 - Kedia Advisory USDINR  Observations USDINR trading range for the day is 82.71-83.35. Rupee closed weaker as the local unit slipped to the 83 level for the first time in nearly two weeks The S&P Global India Services PMI dropped to 60.1 in August 2023 from an over 13-year high of 62.3 in the previous month The S&P Global India Composite PMI fell to 60.9 in August 2023, slightly slowing from a record of 61.9 in the previous month BUY USDINR SEP @ 83 SL 82.86 TGT 83.18-83.32. ...
Buy GBPINR SEP @ 104.2 SL 103.95 TGT 104.5-104.72 - Kedia Advisory
Buy GBPINR SEP @ 104.2 SL 103.95 TGT 104.5-104.72 - Kedia Advisory
Source: Kedia Advisory Ltd
6/09/2023 10:42:44 AM
Rupee hit its lowest level in two weeks on higher oil prices and strong dollar - ICICI Direct Currency Outlook Rupee Outlook * Rupee hit its lowest level in two weeks on higher oil prices and strong dollar. Further rising US treasury yields also pushed the dollar index to hit its highest level in last 6-month. * The pair is expected to hold the support near 82.80 and move higher towards 83.20 amid strong dollar and higher crude oil prices. The dollar is expected to remain firm amid rising concerns over global growth. Meanwhile, investors will remain focused on Fed members spe...
Rupee hit its lowest level in two weeks on higher oil prices and strong dollar - ICICI Direct
Rupee hit its lowest level in two weeks on higher oil prices and strong dollar - ICICI Direct
Source: ICICI Direct
6/09/2023 10:16:27 AM
USDINR given fresh breakout above 83.00 and given close around 83.12 - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * US dollar rises on global growth worries; Aussie down * Dollar rises close to three-month highs after weak Chinese data * Dollar eases as risk appetite improves on China's measures   OUTLOOK: USDINR: USDINR given fresh breakout above 83.00 and given close around 83.12, however, 83.25-30 is an immediate and critical resistance zone; above this, we can expect a short-covering rally towards th...
USDINR given fresh breakout above 83.00 and given close around 83.12 - Swastika Investmart
USDINR given fresh breakout above 83.00 and given close around 83.12 - Swastika Investmart
Source: Swastika Investmart Ltd
6/09/2023 9:52:35 AM
Agri Commodity Technical Report 06 September 2023 - Geojit Financial Services MARKET NEWS/UPDATES * Farmers in Gujarat have sown kharif crops over 8.45 mln ha as of today, up 1.5% from 8.32 mln ha a year ago, according to state government data. Cotton, the major kharif crop in the state, was sown across 2.7 mln ha, up 5.5% from 2.5 mln ha the previous year. The total area under oilseeds rose slightly to 2.63 mln ha from 2.61 mln ha as the acreage of soybean and castor increased. However, groundnut acreage declined to 1.63 mln ha from 1.70 mln ha a year ago. Sesamum ...
Agri Commodity Technical Report 06 September 2023 - Geojit Financial Services
Agri Commodity Technical Report 06 September 2023 - Geojit Financial Services
Source: Geojit Financial Services Ltd
6/09/2023 9:33:09 AM
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90 - Tradebulls Securities USDINR Strong short covering was seen in currency after breach of 82.90. Buy on dips near 82.90 for tgt of 83.15 and stoploss of 82.70   EURINR EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.tradebulls.in/disclaimer SEBI Registration number is INZ000171838&nbs...
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90 - Tradebulls Securities
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90 - Tradebulls Securities
Source: Tradebulls Securities Pvt Ltd
6/09/2023 9:17:20 AM
The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels - Monarch Networth Capital CURRENCY TECHNICAL OUTLOOK * The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels. The pair is expected to range bound until either side level is breached * The EUR/INR futures pair has support at 89.20 levels whereas resistance is placed at 89.70 levels. The pair is expected to find resistance at higher level and trade weak below 89.20 level up to 89.10 and 89.00 levels * The GBP/INR futures pair has support at 104.20 levels whereas resis...
The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels - Monarch Networth Capital
The USD/INR futures pair has support at 83.00 levels whereas resistance is placed at 83.30 levels - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
6/09/2023 9:00:58 AM
Sell USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58 - Kedia Advisory USDINR  Observations USDINR trading range for the day is 82.67-82.91. Rupee remained in range after the 10-year U.S. treasury yield rose Dollar showed resilience despite some softening in U.S. economic data over last week. Retail inflation to remain high in August data, will start moderating from Sept onwards: RBI Governor SELL USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58.   EURINR Observations EURINR trading range for the day is 89.28-89.68. Euro ...
Sell USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58 - Kedia Advisory
Sell USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58 - Kedia Advisory
Source: Kedia Advisory Ltd
5/09/2023 10:45:48 AM
Rupee edged lower on Monday amid higher crude oil pries - ICICI Direct Currency Outlook Rupee Outlook * Rupee edged lower on Monday amid higher crude oil pries. The pair moved in a narrow range during the day as the dollar demand remain subdued due to the Labour day holiday in US. * The rupee is expected to appreciate today amid improving risk appetite in global equities. Increasing hopes of China’s stimulus and Fed pause in its interest rate hike cycle could limit the upside in the dollar. Further, expectation of weaker economic numbers from US c...
Rupee edged lower on Monday amid higher crude oil pries - ICICI Direct
Rupee edged lower on Monday amid higher crude oil pries - ICICI Direct
Source: ICICI Direct
5/09/2023 10:21:33 AM
USDINR Sept fut. facing resistance at 82.90, the horizontal line showing multiple tops - HDFC Securities USDINR Technical Observations: USDINR Sept fut. facing resistance at 82.90, the horizontal line showing multiple tops. The pair is oscillating around 21 DEMA. Broadly, the pair has been trading between 81.75 to 83.30. The Relative strength index of 14 days remained above 50. Trend indicator MACD remained weak on the daily chart. The negative cross-over of the MACD average and histogram indicates a medium-term downtrend. Minor long unwinding has been seen as the price fell...
USDINR Sept fut. facing resistance at 82.90, the horizontal line showing multiple tops - HDFC Securities
USDINR Sept fut. facing resistance at 82.90, the horizontal line showing multiple tops - HDFC Securities
Source: HDFC Securities Ltd
5/09/2023 10:11:45 AM
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so buy on dips near 89.30 for tgt of 90.10 and stoploss of 89.00 - Tradebulls Securities USDINR Strong opening was seen in USDINR. Currency has next support at 82.50 and 82.20. Buy on dips near 82.68 for tgt of 82.90 and stoploss of 82.55     EURINR EURINR is trading below 20 and 50 day moving average, Sharp fall seen so buy on dips near 89.30 for tgt of 90.10 and stoploss of 89.00     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.tradebulls.in/disclaimer SEBI Regis...
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so buy on dips near 89.30 for tgt of 90.10 and stoploss of 89.00 - Tradebulls Securities
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so buy on dips near 89.30 for tgt of 90.10 and stoploss of 89.00 - Tradebulls Securities
Source: Tradebulls Securities Pvt Ltd
5/09/2023 9:56:49 AM
USDINR is respecting its 25 DAM beautifully; however, 83.00 - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar eases as risk appetite improves on China's measures * Dollar gains after mixed jobs report * Euro gains, euro zone bond yields drop as U.S. unemployment rate rises OUTLOOK: USDINR: USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone; above this, we can expect a short-covering rally towards the 83.10-83.20 zone. On the downside, 82.60 is an...
USDINR is respecting its 25 DAM beautifully; however, 83.00 - Swastika Investmart
USDINR is respecting its 25 DAM beautifully; however, 83.00 - Swastika Investmart
Source: Swastika Investmart Ltd
5/09/2023 9:40:36 AM
The USD/INR futures pair has support at 82.60 levels whereas resistance is placed at 83.00 levels - Monarch Networth Capital CURRENCY TECHNICAL OUTLOOK * The USD/INR futures pair has support at 82.60 levels whereas resistance is placed at 83.00 levels. The pair is expected to range bound until either side level is breached * The EUR/INR futures pair has support at 89.40 levels whereas resistance is placed at 89.80 levels. The pair is expected to find resistance at higher level and trade weak below 89.40 level up to 89.30 and 89.20 levels * The GBP/INR futures pair has support at 104.40 levels whereas resis...
The USD/INR futures pair has support at 82.60 levels whereas resistance is placed at 83.00 levels - Monarch Networth Capital
The USD/INR futures pair has support at 82.60 levels whereas resistance is placed at 83.00 levels - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
5/09/2023 9:23:26 AM
Rupee appreciated on Friday amid strong macro economic data and gains in domestic equities - ICICI Securities Currency Outlook Rupee Outlook * Rupee appreciated on Friday amid strong macro economic data and gains in domestic equities. Meanwhile, investors remained cautious ahead of job report from US to get more cues on interest rate outlook * Rupee is likely to depreciate today amid strong dollar and rise in US treasury yields. Dollar gained strength following mixed jobs report for August and better than expected ISM manufacturing index. Additionally, hawkish comments from Cleveland Fed Pre...
Rupee appreciated on Friday amid strong macro economic data and gains in domestic equities - ICICI Securities
Rupee appreciated on Friday amid strong macro economic data and gains in domestic equities - ICICI Securities
Source: ICICI Securities Ltd
4/09/2023 10:24:09 AM
Sell USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58 - Kedia Advisory USDINR  Observations USDINR trading range for the day is 82.59-82.93. Rupee ended stronger but was off the day's high as dollar demand from importers mounted pressure on the local unit. The S&P Global India Manufacturing PMI increased to a 3-month top of 58.6 in August 2023 from 57.7 in July. GST collections in August grew 11% to 1.60 lakh crore on an annual basis. SELL USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58.   EURINR Observations EURINR...
Sell USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58 - Kedia Advisory
Sell USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58 - Kedia Advisory
Source: Kedia Advisory Ltd
4/09/2023 10:12:31 AM
Morning Nifty and Derivative comments 04 September 2023 By Anand James, Geojit Financial Services Views On Morning Nifty and Derivative comments 04 September 2023 by Anand James - Chief Market Strategist at Geojit Financial Services Nifty outlook:  The proximity of congestion resistance at 19480-500 raises fears of rejection trades again. However, the steepness of the Friday’s rise, as well as the decline in VIX to levels last seen when Nifty was at 19600, encourages us to persist with upsides, with the near term objective extended to 19790. Downs...
Morning Nifty and Derivative comments 04 September 2023 By Anand James, Geojit Financial Services
Morning Nifty and Derivative comments 04 September 2023 By Anand James, Geojit Financial Services
Source: Geojit Financial Services
4/09/2023 10:06:05 AM
The EUR/INR futures pair has support at 89.60 levels whereas resistance is placed at 90.10 levels - Monarch Networth Capital CURRENCY TECHNICAL OUTLOOK * The USD/INR futures pair has support at 82.60 levels whereas resistance is placed at 83.00 levels. The pair is expected to range bound until either side level is breached * The EUR/INR futures pair has support at 89.60 levels whereas resistance is placed at 90.10 levels. The pair is expected to find resistance at higher level and trade weak below 89.60 level up to 89.60 and 89.40 levels * The GBP/INR futures pair has support at 104.70 levels whereas resis...
The EUR/INR futures pair has support at 89.60 levels whereas resistance is placed at 90.10 levels - Monarch Networth Capital
The EUR/INR futures pair has support at 89.60 levels whereas resistance is placed at 90.10 levels - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
4/09/2023 9:41:47 AM
USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone - Swastika Investmart Ltd CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar gains after mixed jobs report * Euro gains, euro zone bond yields drop as U.S. unemployment rate rises * Dollar unlikely to lose global dominance soon even as BRICS expand - note   CHART OF THE DAY   OUTLOOK: USDINR: USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone; above this, we can expect a short-covering rally toward...
USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone - Swastika Investmart Ltd
USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
4/09/2023 9:11:31 AM
Rupee depreciated yesterday amid firm dollar and FII outflows from equity markets - ICICI Direct Currency Outlook Rupee Outlook • Rupee depreciated yesterday amid firm dollar and FII outflows from equity markets. Further, rise in crude oil prices and weak domestic market sentiments weighed on domestic currency • Rupee is likely to appreciate today amid decline in US treasury yields and as Indian economy grew by 7.8% in April-June quarter of current fiscal. US treasury yields are tumbling as data showed inflation came in line with forecast, reinforcing expectations that...
Rupee depreciated yesterday amid firm dollar and FII outflows from equity markets - ICICI Direct
Rupee depreciated yesterday amid firm dollar and FII outflows from equity markets - ICICI Direct
Source: ICICI Direct
1/09/2023 10:50:40 AM
USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone - Swastika Investmart Ltd CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar gains on solid data, euro drops on cautious ECB comments * Exclusive-Chinese exporters using currency swaps to retain dollars as yuan sags * Dollar stabilizes ahead of PCE inflation data; euro awaits eurozone CPI release CHART OF THE DAY:   OUTLOOK: USDINR: USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone; above this, we can expe...
USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone - Swastika Investmart Ltd
USDINR is respecting its 25 DAM beautifully; however, 83.00 is an immediate and critical resistance zone - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
1/09/2023 10:06:10 AM
Sell GBPINR Sep @ 105.2 SL 105.5 TGT 104.85-104.65. - Kedia Advisory USDINR  Observations USDINR trading range for the day is 82.58-83. Rupee declined in August as rising U.S. Treasury yieldsboosted demand for the dollar India's economy expanded by 7.8% in the April-Junequarter, the most in a year Resilient U.S. data prompted investors to bet that the U.S. Federal Reserve will hold rates higher for longer, pushing up yields. SELL USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58.   EURINR Observations EURINR trading ran...
Sell GBPINR Sep @ 105.2 SL 105.5 TGT 104.85-104.65. - Kedia Advisory
Sell GBPINR Sep @ 105.2 SL 105.5 TGT 104.85-104.65. - Kedia Advisory
Source: Kedia Advisory
1/09/2023 9:59:07 AM
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so buy on dips near 89.90 for tgt of 90.30 and stoploss of 89.70 - Tradebulls Securities Strong opening was seen in USDINR. Currency has next support at 82.50 and 82.20. Buy on dips near 82.68 for tgt of 82.90 and stoploss of 82.55   EURINR is trading below 20 and 50 day moving average, Sharp fall seen so buy on dips near 89.90 for tgt of 90.30 and stoploss of 89.70   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.tradebulls.in/disclaimer SEBI Registration number is INZ000171838  ...
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so buy on dips near 89.90 for tgt of 90.30 and stoploss of 89.70 - Tradebulls Securities
EURINR is trading below 20 and 50 day moving average, Sharp fall seen so buy on dips near 89.90 for tgt of 90.30 and stoploss of 89.70 - Tradebulls Securities
Source: Tradebulls Securities Pvt Ltd
1/09/2023 9:37:08 AM
JPYINR pair traded with positive bias in the last trading session; and prices are trading above downward trend line - Monarch Networth Capital CURRENCY TECHNICAL OUTLOOK * The USD/INR futures pair has support at 82.60 levels whereas resistance is placed at 83.00 levels. The pair is expected to range bound until either side level is breached * The EUR/INR futures pair has support at 90.00 levels whereas resistance is placed at 90.40 levels. The pair is expected to find resistance at higher level and trade weak below 90.00 level up to 89.80 and 89.60 levels * The GBP/INR futures pair has support at 104.60 levels whereas resis...
JPYINR pair traded with positive bias in the last trading session; and prices are trading above downward trend line - Monarch Networth Capital
JPYINR pair traded with positive bias in the last trading session; and prices are trading above downward trend line - Monarch Networth Capital
Source: Monarch Networth Capital
1/09/2023 9:31:21 AM
BUY EURINR SEP @ 90 SL 89.8 TGT 90.28-90.45 - Kedia Advisory USDINR Observations USDINR trading range for the day is 82.6-83. Rupee remained in range amid dollar demand from importers and equity-related outflows The US economy grew at an annualized rate of 2.1% in the second quarter of 2023 India's inflation rate will remain above the Reserve Bank of India's upper tolerance band of 6% at least until October. SELL USDINR SEP @ 82.9 SL 83.08 TGT 82.72-82.58.   EURINR Observations EURINR trading range for the...
BUY EURINR SEP @ 90 SL 89.8 TGT 90.28-90.45 - Kedia Advisory
BUY EURINR SEP @ 90 SL 89.8 TGT 90.28-90.45 - Kedia Advisory
Source: Kedia Advisory
31/08/2023 11:58:50 AM
The Dollar reacted negatively to the Jolts Job opening data and the inched lower - Axis Securities Ltd USD/INR The Dollar reacted negatively to the Jolts Job opening data and the inched lower. The USDINR pair followed cues from softer Dollar index and the USDCNH. The USDINR pair opened with a negative gap, around 82.80 and moved lower towards 82.70 in the initial hours of trading, However, strong buying interest near the low of the session pulled it higher. Technically, the pair found resistance near the 50 moving average. The RSI plotted on the daily chart, can be seen moving lower, indica...
The Dollar reacted negatively to the Jolts Job opening data and the inched lower - Axis Securities Ltd
The Dollar reacted negatively to the Jolts Job opening data and the inched lower - Axis Securities Ltd
Source: Axis Securities Ltd
31/08/2023 11:40:57 AM
EURINR pair traded with positive bias in the last trading session - Monarch Networth Capital CURRENCY TECHNICAL OUTLOOK * The USD/INR futures pair has support at 82.70 levels whereas resistance is placed at 83.00 levels. The pair is expected to range bound until either side level is breached * The EUR/INR futures pair has support at 90.00 levels whereas resistance is placed at 90.40 levels. The pair is expected to find support at lower level and trade firm above 90.40 level up to 90.60 and 90.80 levels * The GBP/INR futures pair has support at 104.60 levels whereas resistanc...
EURINR pair traded with positive bias in the last trading session - Monarch Networth Capital
EURINR pair traded with positive bias in the last trading session - Monarch Networth Capital
Source: Monarch Networth Capital
31/08/2023 11:15:49 AM
Rupee is likely to appreciate today amid weakness in dollar and decline in US treasury yields - ICICI Direct Currency Outlook Rupee Outlook • Rupee depreciated yesterday amid dollar demand from importers and FII outflows from equity markets. Further, rise in crude oil prices weighed on domestic currency • Rupee is likely to appreciate today amid weakness in dollar and decline in US treasury yields. Dollar is showing weakness as soft economic data from US raised the bets that US Fed is done with its tightening cycle and will hit a pause button at next month’s policy meeting. ...
Rupee is likely to appreciate today amid weakness in dollar and decline in US treasury yields - ICICI Direct
Rupee is likely to appreciate today amid weakness in dollar and decline in US treasury yields - ICICI Direct
Source: ICICI Direct
31/08/2023 11:00:34 AM
GBPINR is respecting its 100 DAM beautifully; however, 105.40 is an immediate and critical resistance zone - Swastika Investmart Ltd CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar falls to two-week low as economic data softens * Dollar stabilizes after weak JOLTS data; ADP payrolls due * Dollar edges lower ahead of hefty data dump CHART OF THE DAY:   OUTLOOK: GBPINR: GBPINR is respecting its 100 DAM beautifully; however, 105.40 is an immediate and critical resistance zone; above this, we can expect a short-covering rally towards the 105.80-106.00 zone. On the ...
GBPINR is respecting its 100 DAM beautifully; however, 105.40 is an immediate and critical resistance zone - Swastika Investmart Ltd
GBPINR is respecting its 100 DAM beautifully; however, 105.40 is an immediate and critical resistance zone - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
31/08/2023 10:40:48 AM
USDINR Sept fut. formed a Doji candle and closed above 10 DEMA - HDFC Securities HDFC securities Retail Research: Currency Daily Technical Observations: * USDINR Sept fut. formed a Doji candle and closed above 10 DEMA. * The pair didn’t break the previous day’s low but crossed the high in the last three trading sessions exhibiting positivity. * Relative strength index of 14 days turned up and placed above 50, indicating a positive momentum. * MACD has given a negative crossover to the MACD average exhibiting a weak trend. * Minor short buildu...
USDINR Sept fut. formed a Doji candle and closed above 10 DEMA - HDFC Securities
USDINR Sept fut. formed a Doji candle and closed above 10 DEMA - HDFC Securities
Source: HDFC Securities Ltd
31/08/2023 10:19:05 AM
Sell USDINR SEP @ 82.85 SL 823 TGT 82.68-82.58 - Kedia Advisory USDINR Observations USDINR trading range for the day is 82.38-83.24. Rupee closed lower as dollar buying by oil companies and large importers pressured the local unit during the session, wiping out early gains. India's economic expansion in the first quarter of the current fiscal should be "good" - Finance minister India's current account deficit seen falling to around 1pc or USD 10 billion in Q1: India Ratings SELL USDINR SEP @ 82.85 SL 823 TGT 82.68-82.58...
Sell USDINR SEP @ 82.85 SL 823 TGT 82.68-82.58 - Kedia Advisory
Sell USDINR SEP @ 82.85 SL 823 TGT 82.68-82.58 - Kedia Advisory
Source: Kedia Advisory
30/08/2023 10:33:59 AM
Rupee depreciated yesterday amid rise in crude oil prices and dollar buying by importers - ICICI Direct Currency Outlook Rupee Outlook * Rupee depreciated yesterday amid rise in crude oil prices and dollar buying by importers. Further, rebound in dollar and foreign fund outflows from equity markets weighed on rupee * Rupee is likely to appreciate today amid weakness in dollar, optimistic global market sentiments and sharp decline in US treasury yields. Yields are tumbling as data from US showed job openings fell to the lowest level since March 2021 and consumer confidence fell more tha...
Rupee depreciated yesterday amid rise in crude oil prices and dollar buying by importers - ICICI Direct
Rupee depreciated yesterday amid rise in crude oil prices and dollar buying by importers - ICICI Direct
Source: ICICI Direct
30/08/2023 10:09:48 AM
Currency has next support at 82.50 and 82.20 - Tradebulls Securities Strong opening was seen in USDINR. Currency has next support at 82.50 and 82.20. Buy on dips near 82.68 for tgt of 82.90 and stoploss of 82.55 EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.90 for tgt of 89.30 and stoploss of 90.15   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.tradebulls.in/disclaimer SEBI Registration number is INZ000171838    ...
Currency has next support at 82.50 and 82.20 - Tradebulls Securities
Currency has next support at 82.50 and 82.20 - Tradebulls Securities
Source: Tradebulls Securities Pvt Ltd
30/08/2023 9:43:44 AM
Dollar licks wounds after jobs shock; Aussie dips as inflation cools - Swastika Investmart Ltd CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar licks wounds after jobs shock; Aussie dips as inflation cools * Dollar drops on jobs data, yen rises from 10-month low * Dollar index dips, briefly hits 9-month high against yen CHART OF THE DAY: OUTLOOK: USDINR: USDINR is respecting its 200 DAM beautifully; however, 83.00 is an immediate and critical resistance zone; above this, we can expect a short-covering rally towards the 83.10-83.20 zo...
Dollar licks wounds after jobs shock; Aussie dips as inflation cools - Swastika Investmart Ltd
Dollar licks wounds after jobs shock; Aussie dips as inflation cools - Swastika Investmart Ltd
Source: Swastika Investmart Ltd
30/08/2023 9:26:34 AM
The USD/INR futures pair has support at 82.70 levels whereas resistance is placed at 83.00 levels - Monarch Networth Capital CURRENCY TECHNICAL OUTLOOK * The USD/INR futures pair has support at 82.70 levels whereas resistance is placed at 83.00 levels. The pair is expected to find resistance at higher level and trade weak below 82.70 level up to 82.60 and 82.50 levels * The EUR/INR futures pair has support at 89.50 levels whereas resistance is placed at 89.90 levels. The pair is expected to find support at lower level and trade firm above 89.90 level up to 90.10 and 90.30 levels * The GBP/INR futures pair ...
The USD/INR futures pair has support at 82.70 levels whereas resistance is placed at 83.00 levels - Monarch Networth Capital
The USD/INR futures pair has support at 82.70 levels whereas resistance is placed at 83.00 levels - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
30/08/2023 9:09:38 AM
Rupee appreciated marginally aided by softness in dollar and retreat in US treasury yields - ICICI Direct Currency Outlook Rupee Outlook * Rupee appreciated marginally aided by softness in dollar and retreat in US treasury yields. Further, rise in risk appetite in the global markets supported rupee * Rupee is likely to appreciate today amid weakness in dollar, decline in US treasury yield and improved global market sentiments. Meanwhile, investors will remain cautious ahead of key economic data from US to gauge economic health of the country and determine the outlook for interest rates. ...
Rupee appreciated marginally aided by softness in dollar and retreat in US treasury yields - ICICI Direct
Rupee appreciated marginally aided by softness in dollar and retreat in US treasury yields - ICICI Direct
Source: ICICI Direct
29/08/2023 9:56:28 AM
Buy JPYINR AUG @ 56.3 SL 56.1 TGT 56.55-56.7 - Kedia Advisory USDINR Observations USDINR trading range for the day is 82.48-82.74. Rupee remained in range as a softer U.S. dollar aided the domestic unit in a relatively quiet trading session. Powell's speech was hawkish along expected lines, but hotter-than-expected inflation or payroll data could take treasury yields higher Economic growth in India is likely to have accelerated to 7.7% in the April-June quarter, the fastest annual pace in a year. SELL USDINR AUG @ 82.75 SL 82.88 TG...
Buy JPYINR AUG @ 56.3 SL 56.1 TGT 56.55-56.7 - Kedia Advisory
Buy JPYINR AUG @ 56.3 SL 56.1 TGT 56.55-56.7 - Kedia Advisory
Source: Kedia Advisory
29/08/2023 9:46:35 AM
Currency has next support at 82.50 and 82.20 - Tradebulls Securities Pvt Ltd Strong opening was seen in USDINR. Currency has next support at 82.50 and 82.20. Buy on dips near 82.60 for tgt of 82.90 and stoploss of 82.45 EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.20 for tgt of 89.30 and stoploss of 90.15   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.tradebulls.in/disclaimer SEBI Registration number is INZ000171838    ...
Currency has next support at 82.50 and 82.20 - Tradebulls Securities Pvt Ltd
Currency has next support at 82.50 and 82.20 - Tradebulls Securities Pvt Ltd
Source: Tradebulls Securities Pvt Ltd
29/08/2023 9:32:48 AM
Dollar steady as Fed's Powell says higher rates may be needed - Swastika Investmart CURRENCY OUTLOOK DAILY CURRENCY MARKET UPDATES NEWS IN HEADLINE: * Dollar index dips, briefly hits 9-month high against yen * Powell's steady hand steers dollar higher: McGeever * Dollar steady as Fed's Powell says higher rates may be needed OUTLOOK: USDINR: USDINR is respecting its 200 DAM beautifully; however, 82.80 is an immediate and critical resistance zone; above this, we can expect a short-covering rally towards the 83.00-83.10 zone. On the downside, 82...
Dollar steady as Fed's Powell says higher rates may be needed - Swastika Investmart
Dollar steady as Fed's Powell says higher rates may be needed - Swastika Investmart
Source: Swastika Investmart Ltd
29/08/2023 9:26:39 AM