IMV FOREX UPDATE
304 subscribers
388 photos
3 videos
52 files
961 links
Indian Market View (Finaux Alpha 6 Investment Advisor Pvt. Ltd.). We are a SEBI registered Investment adviser.

Get trading levels, news, updates and research reports in Currency segment on our Telegram Channel.

+91-7065111166

www.indianmarketview.com
Download Telegram
🔔 Currency Opening Bell 🔔

USDINR.... Open on a Flat Note CMP 69.11

Support is 68.90 Resistance is 69.20

Either side break or close with volume will decide further action in it.

Trade with levels only

Cross Currency …Open --- CMP

EURUSD – 1.1357---1.1362

GBPUSD - 1.3266---1.3265

USDJPY – 111.1500---111.2500
USDINR... Fall ⬇⬇ remain continue till 30th march 2019

After that we will see dead cat bounce in USDINR for next 20 trading session.

Surely we will buy USDINR from 30th March 2019

More levels and updates will provide only to our subscribers. For more.... call your RM now
🔔 Currency Opening Bell 🔔

USDINR.... Open on a Flat Note CMP 68.65 ↔

Support is 68.50 Resistance is 69.00

Either side break or close with volume will decide further action in it.

Trade with levels only

Cross Currency …Open --- CMP

EURUSD – 1.11384---1.1386

GBPUSD - 1.3153---1.3154

USDJPY – 111.4700---111.4700
💲 Currency Update: 💲

RBI’s Rupee Dollar swap

RBI’s governor Shaktikant Das proposed a $5 billion-Dollar-Rupee swap previous week in order to infuse liquidity into Indian Banking system. It is for the first time in Indian history that such a step is taken by RBI instead of applying regular Open Market Operation. This new tack will have a considerable impact on Indian money market and forex market, which is yet to be seen.

Why not conventional Open Market Operation?

This time RBI wanted to infuse durable liquidity into the banking system, unlike swap of cash for Government bonds for short period of time. Under this swap, RBI will buy Dollars from Banks instead of Bonds and will return it after three years for a ‘forward’ premium which will be decided through an auction on March 26.

👉 Impact of Rupee- Dollar swap on market

With this step, RBI showed a discomfort from the rising Rupee. Buying of Dollars in such large amount was meant to restrict the gain in Rupee, but market is “receiving it well” as per the RBI governor. But market has reacted to it otherwise, since Rupee has gained more than 1.4% since the announcement. However, the major impact is yet to be seen.

👉 On the Technical front:

USDINR has its major support at 68.40 and resistance is at 69.00.

Break and sustain above 69.00 will see 69.40---69.80 levels or else it can touch down its support of 68.40.

Fresh selling will do only on close below 68.40.

Trade with levels only.
✳✳ Our sell call of GBPINR crashed 📉📉 vertically and made a low of 90.17…

From 91.10---90.30. Gain 💰💰 of 8000/- (as per 10 lots) in single target.

Monthly profit has crossed 35000 so far…

Now, what to expect??? 🤔

GBPINR has its support at 90.00 and resistance is seen at 90.40.

Break and sustain above 90.40 will see 90.80---91.20 levels or else it can touch down its support level of 90.00.

Fresh selling will do only on close below 90.00.

We are expecting mind-blowing movement in currency segment in coming weeks …

Don't miss this chance and Join Indian Market view

Trade with levels only.

Have a look on screenshot what we had given ⬆
This media is not supported in your browser
VIEW IN TELEGRAM
Low Investment, Healthy Return

Our sell call of GBPINR crashed 📉 vertically and made a low of 90.17

Gain 💰 of more than 8000/- (as per 10 lots) in single target.

Monthly profit has crossed 35000

Now, what to expect???

GBPINR has its support 90.00 and resistance is seen at 90.40.

Break and sustain above 90.40 will see 90.80---91.20 levels or else it can touch down its support level of 90.00.

Fresh selling will do only on close below 90.00.

We are expecting mind-blowing movement in currency segment in comings weeks

Don't miss this chance and Join Indian Market view

Trade with levels only.
For more details about package call your RM or Call us on +91-7065111166


Team Indian Market View
Performance in Equity, Commodity and Currency till 22nd March 2019

✅ Calculation as per single lot and 1st target

✅ Calls purely based on Technical and Fundamental basis

✅ High Transparency... No Fake Promises

✅ Unlimited free support and query solving related to your trade position

If you have any query/suggestions then feel free to ask directly with your RM or mail us on research@indianmarketview.com
🔔 Currency Opening Bell 🔔

USDINR.... Open on a Flat Note CMP 69.10

Support is 68.80 Resistance is 69.30

Either side break or close with volume will decide further action in it.

Trade with levels only

Cross Currency …Open --- CMP

EURUSD – 1.1310---1.1310

GBPUSD - 1.3199---1.3204

USDJPY – 109.7900---109.7900
🔔 Currency Opening Bell 🔔

USDINR.... Open on a Flat Note CMP 68.88 ↔

Support is 68.70 Resistance is 69.30

Either side break or close with volume will decide further action in it.

Trade with levels only

Cross Currency …Open --- CMP

EURUSD – 1.1310---1.1325

GBPUSD - 1.3199---1.3227

USDJPY – 109.7900---110.1000
💲 CURRENCY UPDATE 💲

Market participants are cautious ahead of RBI’s first ever Rupee-Dollar swap auction to infuse Rs 35000 crore into the Indian banking system.

➡ On the technical front,

➡ USDINR has its support at 68.70 Resistance is 69.20

Break and sustain below 68.70 will take it to 68.40---68.10 mark else could touch its resistance level of 69.20 mark.

Fresh buying can be seen on close above 69.20.

Do not go for aggressive buying or selling in Currency segment. Trade in a range and wait for confirmation in trend as we are expecting that market will trade range-bound .

Trade with levels only
👉 ENERGY UPDATE:

Natural Gas on MCX weighed down by a fall in demand from the Sabine Pass export terminal in Louisiana, warmer weather and a smaller year-on-year inventory deficit. The amount of gas flowing to Cheniere Energy Inc's Sabine Pass liquefied natural gas export terminal fell by almost half by Friday from a record high earlier in the week, according to energy data. The U.S. Energy Information Administration (EIA) said utilities pulled just 47 billion cubic feet (bcf) of gas from inventories during the warmer than normal week ended March 15.

Source: Investing.com

👉 On the Technical front, Natural Gas (April) looks weak 📉📉 on the chart. 📊📊

It has its support at 189 and resistance is seen at 195.

Break and sustain above 195 will see 200---205 levels or else it can tumble down to touch its support levels of 189 again.

Fresh selling can be seen only on close below 189.

Trade with levels only.
🔔 Currency Opening Bell 🔔

USDINR.... Open on a Flat Note CMP 68.97

Support is 68.70 Resistance is 69.30

Either side break or close with volume will decide further action in it.

Trade with levels only

Cross Currency …Open --- CMP

EURUSD – 1.1324---1.1296

GBPUSD - 1.3194---1.3194

USDJPY – 109.9800---110.5800
🔔 Currency Opening Bell 🔔

USDINR.... Open on a Positive Note CMP 69.29

Support is 69.10 Resistance is 69.50

Either side break or close with volume will decide further action in it.

Trade with levels only

Cross Currency …Open --- CMP

EURUSD – 1.1312---1.312

GBPUSD - 1.3225---1.3221

USDJPY – 110.4800---110.6000