rupee weekly forecast : 67 is top for Us dollar

free usd inr weekly tips for 31 aug to 4 sep 2015

NSE usd inr future this week closed at 66.54 with loss. This was first losing week for us dollar after last 2 weeks strong gains. This week bar formation given sell signal on weekly chart. This week usdinr future hit high at 66.85 while low was at 65.93. Total 90 paisa or 1.5% volatility range in week and weak closing for us dollar. Here keep sell on rise strategy for dollar and expect downside up to 64.65 in medium terms. For next week usdinr future resistances are at 66.9 and then 67.5 while on downside 66.15 and 65.8 are strong support zones.

free eur inr weekly tips for 31 aug to 4 sep 2015

NSE eur inr future this week closed with loss. This week euro hit high around 77.31 while low was at 74.58. Total almost 3 rupee or 4% weekly range and closed with loss on strong profit booking in euro. For next week, eurinr future resistances are 75.25 and 77.3 while on downside 74.2 and 72.8 are strong support zones. Euro is correcting from overbought zone and deep downside levels ahead on Indian rupee appreciation.

free gbp inr weekly tips for 31 aug to 4 sep 2015

NSE gbp inr future this week closed with loss at 102.25. On weekly chart this will be first losing week for pound after last 2 weeks strong gains. This week pound rupee future hit high at 105.36 while low was at 102.15. Total 3.2 rupee or 3% weekly range and closed with sharp loss on strong profit booking pressure on pound. For next week, 102.4 and 104.2 are strong resistances while on downside 101.4 and 99.55 are strong support zones.

free jpy inr weekly tips for 31 aug to 4 sep 2015

NSE jpy inr future this week closed with gain. This was third gaining week for yen but this week almost lost all gains and closed flat. Bar formation on weekly chart suggest topping out signal for yen future and now expect downside in medium terms. This week jpyinr future high was at 56.2 while low was at 54.75. Total 1.5 rupee or 3% weekly range and closed with flat gain. For next week yen rupee future support zones are 54.35 and 53.5. While on upside 55.15 and 56.2 are strong resistances.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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