Insignia Consultants
New Delhi
Wednesday, April 24, 2019
TIME: 8:50 am IST
DAILY FOREX TECHNICAL LEVELS
(inter-bank prices below)
Incremental growth difference has resulted
continued rise in the US dollar Index. Asian currencies are getting affected by
ever rising crude oil prices. Friday’s
US GDP numbers will be the key. Till then it will be a technical trade.
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CURRENCY SPOT TECHNICAL LEVELS
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EURO/USD
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GBP/USD
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USD/JPY
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USD/IDR
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CMP
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1.1214
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1.2934
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111.87
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14121.00
|
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S5
|
1.1151
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1.2849
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111.37
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13,995.00
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S4
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1.1168
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1.2870
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111.49
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14,014.00
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S3
|
1.1187
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1.2894
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111.63
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14,044.40
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S2
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1.1195
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1.2904
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111.69
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14,056.10
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S1
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1.1206
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1.2917
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111.77
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14,093.80
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R1
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1.1240
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1.2959
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112.01
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14,135.80
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R2
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1.1251
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1.2972
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112.09
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14,155.00
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R3
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1.1259
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1.2983
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112.15
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14,179.30
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R4
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1.1278
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1.3006
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112.29
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14,200.00
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R5
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1.1295
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1.3027
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112.41
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14,235.40
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ALL PRICES VERSUS THE US DOLLARS ABOVE
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CMP = Current Market Price
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FOR SMALL TRADING/JOBBING PURPOSE
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ABOVE TECHNICALS ARE ONLY FOR REFERENCE
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50day moving average at 1.1291 is the
key resistance for euro/usd. 200 day moving average at 1.2967 is the key
resistance for gbp/usd. 200 day moving average at 111.58 is the key support for
usd/jpy. Rupiah has a key resistance at 50 day moving average of 14144.40.
Disclaimer: Any
opinions as to the commentary, market information, and future direction of
prices of specific currencies, crypto currency, metals and commodities reflect
the views of the individual analyst, In no event shall Insignia Consultants or
its employees have any liability for any losses incurred in connection with any
decision made, action or inaction taken by any party in reliance upon the
information provided in this material; or in any delays, inaccuracies, errors
in, or omissions of Information. Nothing in
this article is, or should be construed as, investment advice. Prepared by
Chintan Karnani
NOTES
TO THE ABOVE REPORT
PLEASE NOTE: HOLDS
MEANS HOLDS ON DAILY CLOSING BASIS
ALL PRICES ARE IN
INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
Indian Standard Time
(IST): +5:30 GMT
Current Market Price
(CMP)
All foreign exchange
prices are for inter-bank rates.
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