FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease 
FxWirePro: USD/JPY edges up as yen dips after soft household spending data 
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet 
FxWirePro: GBP/NZD edges up, remains on front foot 
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites 
FxWirePro- Major European Indices 
FxWirePro: USD/CNY drifts lower, vulnerable to more downside 
- USD/INR is currently trading around 67.36 marks.
- It made intraday high at 67.38 and low at 67.30 marks.
- Intraday bias remains neutral till the time pair holds key support at 67.30 mark.
- Key resistances are seen at 67.62, 67.91, 68.15, 68.26, 68.49, 68.63, 68.72, 68.85 and 69.52(August, 2013 high) marks respectively.
- On the other side, initial supports are seen at 67.22, 66.82, 66.68, 66.50, 66.28, 66.10, 65.95 and 65.81 marks respectively.
- In addition, India’s NSE Nifty was trading around 1.19 percent higher at 8,199.25 points and BSE Sensex was trading at 0.98 percent higher at 26,494.27 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- Yesterday RBI declared monetary policy.
- India’s repo rate stays flat at 6.25 % (forecast 6.00 %) vs previous 6.25 %.
- India’s reverse repo rate stays flat at 5.75 % (forecast 5.50 %) vs previous 5.75 %.
- India’s cash reserve ratio stays flat at 4.00 % (forecast 4.00 %) vs previous 4.00 %.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
