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India Forex author page

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India Forex Research Team

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admin@indiaforex.in

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India Forex Research Team. India Forex Advisors Pvt Ltd 23, 1st floor | Great Western Building | Lion Gate | Fort, Mumbai - 23. P: +91 (0) 22 6526 2886 | M: +91 9769 2775 38 | F: +91 (0) 22 66390484 | admin@indaforex.in | www.indiaforex.in Disclaimer: These views/ forecasts/ suggestions, though proffered with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice. Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.

Latest Posts by India Forex:

Author Archive

Forex Technical Analysis

March 31st, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

• Rupee: The rupee bias is clearly on the bearish side again after the renewed dollar strength seen in the overseas markets.We might see some retracemnts to below 51.00 levels ... Read more

Forex daily technicals – gold, Rupee, Yen, Pound, Euro…

March 30th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

• Euro: Euro has broken the important trendline support at 1.3372 levels on Friday's trading session with good momentum and is holding below it. Retracement could happen till 1.3373 levels ... Read more

FOREX MARKET COMMENTARY – Avoid going long on USD…

March 24th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

• Euro: Euro retraced to a low of 1.3485 in the early US session yesterday from where it rebounded and is now trading at 1.3660. Euro could not hold the ... Read more

Forex daily technicals- Euro has surged close to 750 pips

March 20th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

• Euro: Euro has surged close to 750 pips in the last two sessions, with a movement of 320 pips in yesterday’s session. Euro soared to the highs of 1.3737 ... Read more

FOREX MARKET COMMENTARY

March 18th, 2009 | By India Forex | Published in Daily Technical | Comments on this post1 Comment »

• Euro: Euro moved sideways within 110 pips yesterday taking support near the 55 Daily EMA around 1.2930. Currently trading around 1.3040, all the major stochastic is overbought with immediate ... Read more

Forex daily techncials – Aussie further gained 100 pips

March 17th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

• Euro: Euro breached the 1.30-mark, strengthening more than 200 pips touching the high of 1.3070 yesterday. Currently Euro is holding above the 1.2945 (55 Daily EMA) with the daily ... Read more

Forex commentary – Usd/Chf pair surged almost 450 pips

March 13th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

• Euro: Euro strengthened more than 200 pips in yesterday’s session touching the highs of 1.2945 (55 Daily EMA). All major stochastic are moving close to the overbought region which ... Read more

Market commentary – Euro broke the trend-line…

March 12th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

• Euro: Euro broke the trend-line resistance & 21 Daily EMA (1.2711) as it surged almost 250 pips from the lows of 1.2616 in yesterday’s session. Currently trading at 1.2830 ... Read more

GBP/USD Daily outlook – broke support…

March 10th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

The consolidation pattern was broken on the downside for GBP-USD pair yesterday as it broke the 1.3950 support to plunge to a low of 1.3741. The stochastic is moving close ... Read more

EUR/USD Daily Outlook – chart

March 10th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

[TABLE=9] COMMENTS: Euro has been taking the short term trend-line support (1.2580) and is currently pressing around the 1.2720 cluster resistance. Overall outlook for the economy remains bearish, however with the daily ... Read more

Todays GBP view: GBP/USD

March 9th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

Todays GBP/USD outlook: COMMENTS : Sterling is currently consolidating above 1.3950 levels. Alternatively, it is taking resistance at the 21 Daily EMA (currently at 1.4258 merging with 50% Retracement resistance). The daily ... Read more

Morning Coffee – technical updates -FX, YEN, GOLD, RUPEE…

March 9th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

• Euro: Euro surged almost 220 pips from 1.2536 lows on Friday to take resistance from the 21 Daily EMA and finally closed at 1.2653. The 4-hourly and hourly charts ... Read more

CURRENCIES UPDATE – Euro, Pound, Yen, etc…

March 6th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

Euro: Euro traded sideways in a wide range of 170 pips despite ECB lowering the interest rate by 50 bps to bring it to 1.50%. Euro bounced back from the ... Read more

FX CURRENCIES UPDATE, Euro, Rupee, Yen, Pound…

March 5th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

Euro: Euro rebound almost 200 pips from the lows of 1.2456 in yesterday’s session. Euro is taking resistance at the 55 4-hourly EMA (1.2663). The 4-hourly charts are getting ... Read more

CURRENCIES UPDATE – Euro – Pound – Australian Dollar – Swiss Franc – Rupee – Yen…

March 3rd, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

Euro: Euro traded in a sideways range of 130 pips, soaring to 1.2810 and loosing steam it closed the session at 1.2733. Currently Euro is trading just below the short ... Read more

CURRENCIES UPDATE

March 2nd, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

Euro: Euro plunged to a low of 1.2604 in Friday’s session before rebounding and closing the session at 1.2666. The sentiment for this currency remains weak ahead of ECB rate ... Read more

CURRENCIES UPDATE

February 27th, 2009 | By India Forex | Published in Daily Technical | Comments on this postNo Comments »

Euro: Euro traded in a sideways range of 130 pips, soaring to 1.2810 and loosing steam it closed the session at 1.2733. Currently Euro is trading just below the short ... Read more