Insignia Consultants
New Delhi
Monday, May 13, 2019
TIME: 7:35 am IST
FOREX TECHNICAL LEVELS
(inter-bank prices below)
There can be very sharp two way moves. The
stall or deadlock in US-China trade talks may or may not be bearish for the
greenback. One needs to remain on the sidelines till UK open.
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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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1.1234
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1.3011
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109.78
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14345.00
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S5
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1.1139
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1.2845
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108.27
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14,235.00
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S4
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1.1162
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1.2885
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108.63
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14,261.40
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S3
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1.1187
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1.2928
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109.03
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14,290.00
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S2
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1.1198
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1.2948
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109.20
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14,302.98
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S1
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1.1212
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1.2972
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109.42
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14,319.04
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R1
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1.1256
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1.3050
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110.14
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14,370.96
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R2
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1.1270
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1.3074
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110.36
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14,387.02
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R3
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1.1282
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1.3094
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110.54
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14,400.00
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R4
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1.1306
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1.3137
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110.93
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14,428.60
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R5
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1.1329
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1.3177
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111.29
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14,455.00
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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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Euro/usd: 50 day moving average at
1.1250 is the key resistance.
Gbp/usd: 100 day moving average at
1.3065 is the key resistance.
Usd/Idr: 50 week moving average around
14320 is the key long term support.
Usd/jpy: Crash will be there below 109.28
this week. There can be very sharp pullback rallies as long as usd/jpy does not
fall below 109.28.
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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