Usd/inr September 2014: It needs to fall below 60.74 or break and trade over 61.05 for direction. A consolidated break of 61.05 will result in 61.22 and 61.56
Euro/inr September 2014: A consolidated break of 80.09 will result in 80.27 and 80.62. Initial support is at 79.76.
Gbp/Inr September 2014: Cable needs to trade over 101.12 for the whole day to rise to 101.32 and 101.73. Initial support is at 100.95 with 100.62 as the key intraday support.
Jpy/Inr September 2014: Key support is at 58.18 with 58.92 as the key resistance. There will be a technical break down below 58.18 only.
Recommended Content
Editors’ Picks
EUR/USD clings to gains above 1.0750 after US data
EUR/USD manages to hold in positive territory above 1.0750 despite retreating from the fresh multi-week high it set above 1.0800 earlier in the day. The US Dollar struggles to find demand following the weaker-than-expected NFP data.
GBP/USD declines below 1.2550 following NFP-inspired upsurge
GBP/USD struggles to preserve its bullish momentum and trades below 1.2550 in the American session. Earlier in the day, the disappointing April jobs report from the US triggered a USD selloff and allowed the pair to reach multi-week highs above 1.2600.
Gold struggles to hold above $2,300 despite falling US yields
Gold stays on the back foot below $2,300 in the American session on Friday. The benchmark 10-year US Treasury bond yield stays in negative territory below 4.6% after weak US data but the improving risk mood doesn't allow XAU/USD to gain traction.
Bitcoin Weekly Forecast: Should you buy BTC here? Premium
Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.
Week ahead – BoE and RBA decisions headline a calm week
Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions.