Jan 11 2019

Sterling seems strong against US Dollar

GBPUSD– Pound is likely to become strong in coming sessions. We have seen a strong and interesting battle between Pound and Dollar earlier in this chart. According to some indicators, we came to know that Pound/Dollar pair can take a rebound to touch upside levels. Moving Average Convergence & Divergence (MACD) has already given bullish

Jan 11 2019

JPYINR Trade idea

JPYINR- According to hourly chart, this pair seems to rise to touch near term target. Stochastic has already given bullish crossover signal. Our preference- Buy at 0.6500 Target- 0.6540 Stop loss- 0.6480

Jan 11 2019

USDINR Trade idea

USDINR- In hourly chart, Intraday traders can take buy position for near term target. We see a rounding bottom pattern which gives bullish signal. Our preference- Buy at 70.30 Target- 70.70 Stop loss- 70.10

Jan 10 2019

EURINR Trade idea

EURINR- According to current scenario, this pair seems to take correction. Stochastic already gave bearish crossover signal. Relative Strength Index of 14 day is moving downside from Overbought zone. Our Preference- Sell at 81.30 Target- 80.90 Stop loss- 81.45

Jan 10 2019

USDINR Trade idea

USDINR- Indian Rupee is likely to appreciate for near term target. Stochastic is in overbought territory, already given bearish crossover signal. Relative Strength Index of 14 day is at 57 and started moving downside. Our Preference- Sell at 70.40 Target- 70.10 Stop loss- 70.55

Jan 09 2019

EURINR Trade idea

EURINR- According to hourly chart, Intraday traders can take sell position for near term target. Relative Strength Index is at 70, reached its overbought zone. Stochastic is also in overbought territory and preparing for bearish crossover signal. Our Preference- Sell at 80.70 Target- 80.30 Stop loss- 80.90