| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout

FxWirePro- Woodies Pivot(Major)

FxWirePro: GBP/AUD recovers slightly but bears are not done yet

NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00

FxWirePro: AUD/USD hovers near three –month high, scope for further upside

FxWirePro: GBP/AUD gives up early gains after UK GDP shock

FxWirePro- Major European Indices

FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption

FxWirePro: AUD/USD dips on soft China data

FxWirePro- Major Crypto levels and bias summary

NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support

FxWirePro: GBP/USD dips on UK GDP data miss

FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop

FxWirePro: USD/CAD recovers slightly but trend is still bearish

FxWirePro- Major Pair levels and bias summary

FxWirePro: USD/CNY outlook weaker on renewed downside pressure

FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/INR stabilizes above 67.00 mark, upside limited

Monday, February 6, 2017 5:26 AM UTC

USD/INR is currently trading around 67.14 marks.
It made intraday high at 67.18 and low at 67.09 marks.
Intraday bias remains slightly bullish till the time pair holds key support at 66.99 marks.
Key resistances are seen at 67.36, 67.45, 67.66, 67.87, 67.99, 68.15, 68.32, 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 67.12, 66.99, 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 0.65 percent higher at 8,797.70 points and BSE Sensex was trading at 0.72 percent higher at 28,444 points.

We prefer to take short position on USD/INR around 67.15, stop loss at 67.36 and target of 66.99/66.82.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide

Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

Ukraine’s NATO Concession Unlikely to Shift Peace Talks, Experts Say

Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model

Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

Zelenskiy Signals Willingness to Drop NATO Bid as Ukraine, U.S. Hold Crucial Peace Talks in Berlin

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: USD/INR stabilizes above 67.00 mark, upside limited

Editor's Picks

Welcome to EconoTimes