USD INR: 51.7- Pair has completed the tiny double top pattern on the daily chart. Projected target according to pattern is around 51.05 levels.
RSI (14) has entered neutral region from the over bought, generating sell signal in the counter.
EUR INR: 69.66- Prices failed to move higher according to bullish pattern and has slide below the neckline support, on daily chart prices are on verge of violating the primary uptrend line.
RSI (14) is inline with chart pattern.
GBP INR: 81.67- Pair after almost achieving price target according to bullish head and shoulders pattern, turned its direction and slide sharply below the neckline support, further weakness is expected in the counter.
RSI (14) is balanced in neutral region.
The euro strengthened for a second day against the dollar and yen after Spain sold its maximum target of debt today and French yields dropped at an auction.
France auctioned 1.57 billion euros of 10-year bonds at an average yield of 3.18%, the Bank of France said. At its last auction on Nov. 3, the average yield was 3.22%.
RSI (14) has entered neutral region from the over bought, generating sell signal in the counter.
EUR INR: 69.66- Prices failed to move higher according to bullish pattern and has slide below the neckline support, on daily chart prices are on verge of violating the primary uptrend line.
RSI (14) is inline with chart pattern.
GBP INR: 81.67- Pair after almost achieving price target according to bullish head and shoulders pattern, turned its direction and slide sharply below the neckline support, further weakness is expected in the counter.
RSI (14) is balanced in neutral region.
The euro strengthened for a second day against the dollar and yen after Spain sold its maximum target of debt today and French yields dropped at an auction.
France auctioned 1.57 billion euros of 10-year bonds at an average yield of 3.18%, the Bank of France said. At its last auction on Nov. 3, the average yield was 3.22%.
Australia`s dollar fell against all its major counterparts after the statistics bureau said the number of permits granted to build or renovate houses and apartments declined 10.7% in October after dropping 14.2% the previous month.
0 comments:
Post a Comment