25th July: Currency futures report: MCX-SX/NSE

Insignia Consultants

Friday, July 25, 2014

TIME: 09:10 am IST               

 ------------------------------------------------------------------------------------------------------------------------------------------------

CURRENCY FUTURES – MCX-SX/NSE DAILY TECHNICAL VIEW

 (All prices are in Indian rupees below in this report)

Headline: Rupee consolidates on lack of news

Traders and investors will start to take positions for next week’s US July nonfarm payrolls. Better to remain on the sidelines till Tuesday. There is nothing much on India front.

Usd/inr July 2014:  It needs to trade over 60.05 to be in bullish zone and rise to 60.25-60.56. There will be sellers below 60.05 to 59.94 and 59.8.

Euro/inr July 2014: It needs to trade over 80.86 to rise to 81.14-81.46. Till July future close 80.26 is the key support.

Gbp/Inr July 2014: 102.40 is the key intraday resistance. There will be sellers as long as cable trades below 102.40 to 102.05 and 101.85.

Jpy/Inr July 2014: It needs to trade over 59.05 to be in intraday bullish zone and rise to 59.35-59.52. There will be sellers only below 59.05 to 58.86-58.48.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Website www.insigniaconsultants.in, www.insigniaindia.com.

Print this report only if absolutely necessary. Save Paper. Save Trees.

NOTES TO THE ABOVE REPORT

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549You can also mail your queries at insigniaforex@yahoo.com

Chat Id: insigniaconsultants@gmail.com (gtalk), insigniaforex@yahoo.com (yahoo)

 

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

abortion clinic houston tx dog abortion what is the latest you can have an abortion
chlamydia from oral open can men get chlamydia