http://www.fxstreet.com/technical/market-view/technical-market-commentary/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-09.htmlThu, 09 Feb 2012 06:03:41 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-09.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-08.htmlDomestic Markets: Technical Outlook: EUR : Euro is currently trading at 1.3248 levels. Euro is positive on Investors speculation that somehow Greece will avert default and will strike a deal with its private Investors although ground reality as for now is very different and Greek parties will try yet again today to strike a reform deal in return for the new international rescue. Yesterday German Industrial Production m/m data came out weaker. Support is seen at 1.3136 levels (55 days daily EMA)Wed, 08 Feb 2012 05:01:12 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-08.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-07.htmlTechnical Outlook: EUR: Euro is currently trading at 1.3107 levels. Euro is trading under pressure vs. the US Dollar on concern Greece will fail to reach an agreement allowing the nation to receive a second bailout from international credi-tors. It must be noted that Euro is not drastically falling because there is a belief that somehow the deal will be made to avoid default. Yesterday Sentix Investor Confidence and German Factory Orders m/m data came out better. Looking ahead GermanTue, 07 Feb 2012 05:16:03 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-07.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-06.htmlDomestic Markets: Technical Outlook: EUR : Euro is currently trading at 1.3089 levels. Euro is trading weak vs. the US Dollar as no result seems to be coming out of ne-gotiations on Greek Debt write down which is fuelling European Crisis Concern. It must be noted that the ECB has publicly stated that it will not take a haircut on its Greek debt while Greek Prime Minister Lucas Papademos is reportedly threatening to step down over the negotiations. Support is seen at around 1.3000 levels andMon, 06 Feb 2012 05:03:04 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-06.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-03.htmlFri, 03 Feb 2012 04:56:35 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-03.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-02.htmlTechnical Outlook : EUR : Euro is currently trading at 1.3185 levels. Euro rallied strongly vs. the US Dollar after purchasing manager’s index of manufacturing output in the EU came out better than analysts’ estimates, adding to signs EU economy is stabilizing. Support is seen at 1.3130 levels (55 days daily EMA) and resistance is seen at 1.3331 levels 100 days daily EmA). EUR/INR is at 64.61 levels.EUR/INR is like to trade in the range of 64.30 and 64.80 levels for the week. Short Term:Thu, 02 Feb 2012 05:52:57 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-02.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-01.htmlTechnical Outlook EUR/USD : Euro is currently trading at 1.3065 levels. Euro collapsed heavily vs. the US Dollar and the Cable as Greece struggles to con-clude debt-swap talks with creditors and Investors speculate that European policy makers won’t be able to reach an agreement regarding Greece’s debt obligations. Support is seen at 1.3000 levels (21 days daily EMA) and resistance is seen at 1.3272 levels (100 days daily EMA). EUR/INR is at 64.75 levels. EUR/INR is likely to trade in the rangeWed, 01 Feb 2012 04:40:21 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-02-01.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-30.htmlTechnical Outlook EUR/USD : Euro is currently trading at 1.3192 levels. Today all eyes will be on Europe as leaders gear up for a summit in Brussels and on the agenda officially is the fiscal compact. European Union leaders gather for their first summit of 2012 as a weakening economy and struggle to com-plete a Greek debt write off risk sidetracking efforts to beat out the financial crisis. Support is seen at 1.3129 levels (55 days daily EMA) and resis-tance is seen at 1.3341 levels (100 daysMon, 30 Jan 2012 06:03:58 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-30.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-27.htmlFri, 27 Jan 2012 05:37:29 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-27.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-25.htmlTechnical Outlook EUR/USD: Euro is currently trading at 13020 levels. Euro trading positive after most of the Manufacturing and Services PMI data yesterday came out better than expected and Industrial New Orders m/m data also came out better than expected. The IMF following up on the EU and World Bank weak global projections recently, has said that it has drastically cut its out-look for global growth and also said that EU is heading towards recession. Support is seen at 1.2893 levels (21 daysWed, 25 Jan 2012 08:27:53 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-25.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-24.htmlTechnical Outlook EUR/USD : Euro is currently trading at 1.2992 levels. Euro retreats from the high of 1.3053 levels after Euro zone finance ministers yesterday rejected the offer made by private bondholders to help restructure Greece's debts, sending negotiators back to square one. Support is seen at 1.2879 levels (21 days daily EMA) and resistance is seen at 1.3074 levels (55 days daily EMA). EUR/INR is at 65.03 levels. EUR/INR is likely to trade in the range of 64.80 and 65.40 levels forTue, 24 Jan 2012 09:21:53 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-24.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-23.htmlTechnical Outlook EUR/USD : Euro is currently trading at 1.2888 levels. Euro is trading slight weak as European officials will meet today to craft a long-term plan to tackle the EU debt crisis while banking and government negotiators continue trying to reach an agreement that will lighten Greece debt burden. There are speculative reports that the main focus is on the interest on new Greek debt that would be exchanged for previous holdings in a rollover process. Greece needs a private sectorMon, 23 Jan 2012 06:26:46 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-23.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-20.htmlTechnical Outlook EUR/USD : Euro is currently trading at 1.2876 levels. Euro continue to rally north after French and Spanish bond auctions for 7yr and 10yr maturities went well, and Austria saw good demand at its 50yr auction, spurring demand for riskier assets worldwide. Support is seen at 1.2859 levels (21 days daily EMA) and resistance is seen at 1.3084 levels (55 days daily EMA). EUR/INR is at 65.11 levels. EUR/INR is likely to trade in the range of 64.90 and 65.50 levels for the week.Fri, 20 Jan 2012 06:52:05 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-20.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-19.htmlTechnical Outlook EUR/USD : Euro is currently trading at 1.2876 levels. Euro is showing a relief rally as European Central Bank prepares to unroll another long-term refinancing operation (LTRO) which is speculated to be upto €1 trillion. IMF have also announced It must be noted that such massive injection of Euros into the system will only weaken the currency relative to its counterparts as supply of Euros will increase more than demand, most notably to the US Dollar. Support is seen at aroundThu, 19 Jan 2012 06:34:11 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-19.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-18.htmlTechnical Outlook EUR/USD : Euro is currently trading at 1.2772 levels. Euro is trading in green amid better German ZEW Economic Sentiment and stronger than expected GDP data yesterday out of China follow with successful bond auction yesterday in Spain fueled a rally in riskier assets. Support is seen at around 1.2619 levels and resistance is seen at 1.2847 levels (21 days daily EMA). EUR/INR is at 64.65 levels. EUR/INR is likely to trade in the range of 64.00 and 65.80 levels for today. ShortWed, 18 Jan 2012 07:00:28 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-18.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-16.htmlTechnical Outlook : EUR/USD : Euro is currently trading in green today at 1.2646. Euro collapsed drastically on Friday evening after Standard and Poor’s downgraded the sovereign credit ratings of major Euro Zone countries. France also lost its priced AAA credit rat-ing while Italy and Spain both were downgraded two-notches at BBB+ and A respectively. It must be noted that even though markets is focused on France AAA downgrade but it’s Italy is now only one notch above ’Junk’ rating. Support isMon, 16 Jan 2012 06:11:46 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-16.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-11.htmlDomestic Markets: Technical Outlook:  EUR/USD : EUR is currently trading at 1.2746 levels. Euro weakens as debt crisis continue to haunts the EU and there is speculation that today’s Final GDP data may come out weaker signaling sovereign-debt crisis is hurting the EU prospects for economic growth. Market will also be watching closely to Thursday’s and Friday’s bond auc-tion of Spain and Italy and also on the Interest rate decision tomorrow by ECB. Support is seen at around 1.2663 levelsWed, 11 Jan 2012 11:42:51 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-11.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-10.htmlTechnical Outlook : EUR/USD : EUR is currently trading at 1.2771 levels. Euro rebounded slightly on optimism that EU officials especially French and Germany are working out to contain the debt crisis. Chancellor Angela Merkel and President Nicolas Sarkozy said after their yesterday’s talks in Berlin that private sector bondholders must take part in reducing Greece's debt burden and Greece must comply with the necessary measures in order to secure the next aid package. Looking ahead FrenchTue, 10 Jan 2012 05:19:05 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-10.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-06.htmlTechnical Outlook : EUR/USD : EUR is currently trading at 1.2788 levels. Euro price action indicate downside pressure and the currency is ham-mered severely vs. the US dollar and the sterling followed by weak Industrial New Orders m/m and Italian Monthly and Quarterly Unemployment Rate figures yesterday and due to surge of France yields yesterday in the bond auction as market demands more return on bonds due to the country faces threat of downgrade of AAA rating from leading credit companies.Fri, 06 Jan 2012 05:42:55 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-06.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-02.htmlTechnical Outlook: EUR/USD : EUR is currently trading at 1.2929 levels. Euro continues to trade in downward trajectory as Italy’s 10 year yield ended 2011 near the 7 percent mark which is considered dangerously high. European leaders are still struggling to hold the union together on the back of credit downgrades, emerging splits in the European Union and a possibility of a recession that could escalate rising debt. Support is seen at around 1.2868 levels and resistance is seen at 1.3014 levelsMon, 02 Jan 2012 07:25:10 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2012-01-02.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-12-28.htmlTechnical Outlook : EUR/USD : EUR is currently trading at 1.3070 levels. Italian 10-year yield hovered near 7% ahead of the upcoming Italian auction. Italy is scheduled to sell 9 billion Euros ($12 billion) of 179-day bills and as much as 2.5 billion euros of zero-coupon 2013 bonds today. Support is seen at around 1.2980 levels and resistance is seen at 1.3160 levels (21 days daily and 100 days 4 hrly EMA). EUR/INR is at 69.41 levels. EUR/INR is likely to trade in the range of 69.20 and 69.65Wed, 28 Dec 2011 05:56:36 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-12-28.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-12-23.htmlTechnical Outlook: EUR/USD : EUR is currently trading at 1.3074 levels. Euro is trading quite firm after better US jobless claims data which boosted confidence in the markets although Moody’s downgraded Slovenia’s external and local-debt ratings one notch from Aa3 to A1 yesterday with a negative outlook. It must be noted that S&P has already put the ratings of 15 Euro zone coun-tries including Germany and France on review for a possible downgrade on December 5th. Support is seen at aroundFri, 23 Dec 2011 05:58:19 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-12-23.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-12-22.v02.htmlTechnical Outlook: EUR/USD : EUR is currently trading at 1.3042 levels. Euro saw a short relief rally which evaporated soon yesterday after a larger than expected uptake of EUR489bn by ECB for EU banks was initially greeted with enthusiasm but soon the market realized that the liquidity is only provided to fill the gap of bond maturities in Q1 and while helpful it does not fundamentally address deep seated EU sovereign solvency and default risks. Euro is also trading under pressure afterThu, 22 Dec 2011 06:14:29 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-12-22.v02.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-07-21.htmlTechnical Outlook: EUR/USD: Euro is currently trading at 1.4160 levels. Euro rallied over night as it appeared European Union officials are moving towards a resolution aimed at containing the Euro zone sovereign debt crisis. Support is seen at 1.4041 levels (200 days daily EMA) while strong resistance is seen at 1.4227 levels (21 and 100 days daily EMA). EUR/INR (62.83): Exporters can cover short term exposure at 63.20 levels while importers can cover short term exposure at 62.40. EUR/INRThu, 21 Jul 2011 09:03:33 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-07-21.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-07-20.htmlTechnical Outlook: EUR/USD: Euro is currently trading at 1.4160 levels. Euro rallied over night as it appeared European Union officials are moving towards a resolution aimed at containing the Euro zone sovereign debt crisis. Support is seen at 1.4041 levels (200 days daily EMA) while strong resistance is seen at 1.4227 levels (21 and 100 days daily EMA). EUR/INR (62.83): Exporters can cover short term exposure at 63.20 levels while importers can cover short term exposure at 62.40. EUR/INRWed, 20 Jul 2011 08:44:10 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-07-20.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-15.htmlTechnical Outlook: EUR/USD: Euro is currently trading at 1.4418 levels. The euro fell against the dollar as European Union officials struggle to break a deadlock on a second Greek rescue plan. Looking ahead Industrial Production m/m data is expected neutral. Support is seen around 1.4394 levels (200 days 4 hourly EMA) while resistance is seen at 1.4431 levels (100 days 4 hourly EMA). EUR/INR (64.43): Exporters can hold to cover short term exposure while importers can cover on dips near 64.00Wed, 15 Jun 2011 07:09:07 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-15.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-07.htmlTechnical Outlook: EUR/USD: Euro is currently trading at 1.4584 levels. Euro is steady after European Central Bank President indicated his willingness to sanction bond rollovers in Greece. Looking forward Retail Sales m/m and German Factory Orders m/m data is expected better. Support is seen around 1.4530 levels (21days 4hrly EMA) while resistance is seen around 1.4700 levels. EUR/INR (65.38): Exporters can cover ( partially ) short term exposure at current levels while importers can coverTue, 07 Jun 2011 05:31:38 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-07.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-06.htmlTechnical Outlook: EUR/USD:  Euro is currently trading positive at 1.4639 levels. Euro is positive on speculation that officials from the European Union will prepare a new aid package for Greece, easing concern over the Eurozone debt crisis. Support is seen around 1.4482 levels (21days 4hrly EMA) while resistance is seen around 1.4940 levels. EUR/INR (65.48): Exporters can cover partially short term exposure at current levels while importers can cover on dips near 64.20 -64.40 levels.Mon, 06 Jun 2011 05:59:40 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-06.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-03.htmlTechnical Outlook: EUR/USD:  Euro is currently trading at 1.4487 levels and touched high of 1.4518 levels yesterday. The euro rallied versus the dollar on the back of weak US data yesterday and as Moody's Investors Service said it may place the U.S. government's rating under review for possible downgrade. Yesterday Unemployment Claims data and Factory Orders m/m data came out weaker then expected. Looking ahead Eurozone PMI Services May. Support is seen around 1.4330 levels whileFri, 03 Jun 2011 05:34:51 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-03.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-01.htmlTechnical Outlook: EUR/USD: Euro is currently trading positive at 1.4420 levels. The euro rallied, it is trading above 1.44 levels on positive sentiment that more bailout funds for Greece would be available and default would be avoided. Yesterday German Retail Sales m/m data and CPI Estimate y/y data were weaker than expected and Unemployment Rate data was neutral. Looking ahead Manufacturing PMI data is expected neutral. Support is seen at 1.4304 levels (200 days 4 hourly EMA) whileWed, 01 Jun 2011 04:58:02 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-06-01.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-31.htmlTechnical Outlook: EUR/USD: Euro is currently trading positive at 1.4383 levels. The euro climbed against most of its major peers on speculation European nations will pledge more funds to repair Greece's finances. Looking ahead German Retail Sales m/m data and French Consumer Spending m/m data is expected better and Unemployment Rate data is expected neutral. Strong support is seen at 1.4298 levels (200 days 4 hourly EMA) while resistance is seen at 1.4420 levels. EUR/INR (64.68):Tue, 31 May 2011 04:48:39 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-31.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-30.htmlTechnical Outlook: EUR/USD: Euro is currently trading positive at 1.4292 levels. Euro fell amid concern European governments will struggle to resolve the sovereign debt crisis, damping demand for the region's assets. Strong support is seen at 1.4271 levels (21 days and 55 days daily EMA) while resistance is seen at 1.4393 levels (200 days 4 hourly EMA). EUR/INR (64.45) Exporters can cover partially short term exposure at current levels while importers can cover on dips towards 63.25Mon, 30 May 2011 04:44:51 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-30.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-27.htmlTechnical Outlook EUR/USD:  Euro is currently trading positive at 1.4243 levels. The euro is seen rallying on the concerns that US economy is losing growth momentum even though there is news that IMF may not release its share of aid to Greece next month. Looking ahead German Prelim CPI m/m data is expected weaker and M3 Money Supply y/y data is expected better. Support is seen at 1.4173 levels (55 days 4 hourly EMA) while strong resistance is seen at 1.4270 (55 days daily EMA). EUR/INRFri, 27 May 2011 05:38:40 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-27.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-26.htmlTechnical Outlook: EUR/USD: Euro is currently trading positive at 1.4161 levels. The euro rallied vs. the dollar and yen on speculation that China will purchase European bonds even as Greece's debt crisis threatens the region's economic recovery. Yesterday GFK German Consumer Climate data came out weaker at 5.5 vs. 5.7 previously. Looking ahead German Import Prices m/m is expected weaker. Support is seen at 1.4098 levels (21 days 4 hourly EMA) while strong resistance is seen at 1.4266Thu, 26 May 2011 05:15:17 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-26.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-24.htmlTechnical Outlook: EUR/USD: Euro is currently trading at 1.4051 levels. The Euro slid against the dollar on speculation that Europe's debt crisis will weigh on global growth slumping industrial expansion. ahead today both the German info Business Climate and Industrial new orders m/m are expected to be weak. Support is seen at 1.4000 while resistance is seen at 1.4111 (55 days daily EMA). EUR/INR (63.55) Exporters can cover short term exposure at 64.00 levels while importers can cover onTue, 24 May 2011 05:29:39 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-24.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-23.htmlTechnical Outlook: EUR/USD: The Euro is currently trading at 1.4080 levels. The Euro fell broadly on looming worries regarding Greece's debt restructuring and the fresh Spanish concerns. Spanish Prime Minister Jose Luis Rodriguez Zapatero's Socialist party suffered its worst defeat in more than 30 years in local elections amid a backlash over austerity measures. Near term Support is seen at 1.4000 levels while the resistance is seen near 1.4124 levels (100 days daily EMA). EUR/INR (63.60)Mon, 23 May 2011 05:22:21 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-23.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-20.htmlTechnical Outlook: EUR/USD: Euro is currently trading at 1.4306 levels. Euro rose on the back of the possibility of soft restructuring for Greece, including extension of the maturities regarding debt and a lowering of the level of the interest rates. Looking ahead German PPI m/m data and Current Account data is expected better. Support is seen at 1.4124 levels (100 days daily EMA) while the resistance is seen near 1.4365 levels (21 days daily EMA). EUR/INR (64.30) Exporters can cover MayFri, 20 May 2011 05:06:52 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-20.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-19.htmlTechnical Outlook: EUR/USD: Euro is currently trading at 1.4301 levels. It rallied along with stocks and commodities after few minutes of FOMC meeting on April 26/27 showed some support for another asset purchase program, i.e. QE3, if there is a significant risk in the economic outlook. Support is seen at 1.4231 levels (21 days 4 hourly EMA) while the resistance is seen near 1.4371 levels (21 days daily EMA). EUR/INR (64.25) Exporters can cover May exposure at current level while importersThu, 19 May 2011 05:32:04 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-19.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-18.htmlTechnical Outlook: EUR/USD:  Euro is currently trading at 1.4268 levels. Euro rose on the back of the statement by Luxembourg's PM Jean-Claude Juncker's that Europe would consider reprofiling Greece's debt. Support is seen at 1.4138 levels (100 days daily EMA) while resistance is seen at 1.4305 levels (55 days daily EMA). EUR/INR (64.32) Exporters can cover May exposure at current level while importers can cover on dips towards 63 levels. EUR/INR is likely to trade in the range ofWed, 18 May 2011 05:25:23 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-18.htmlhttp://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-16.htmlTechnical Outlook: EUR/USD: Euro is currently trading at 1.4096 levels. Euro collapsed against most of its major counterparts on concerns that European finance ministers may fail to quell speculation about Greece's debt restructuring. Support is seen at 1.4000 (Psychological level) while the resistance is seen near 1.4113 levels (100 days daily EMA). EUR/INR (63.49) Exporters can cover May exposure while importers can cover partially at current levels and wait for further cover on dipsMon, 16 May 2011 05:33:03 GMThttp://www.fxstreet.com/technical/market-view/admin@indiaforex.in (India Forex Advisors)http://www.fxstreet.com/technical/market-view/technical-market-commentary/2011-05-16.html