Daily Market Reflection 13thJune 2016 Market Outlook
For our BIG PROFIT calls and LATEST
Indian Currency lost its five day winning spree against dollar in early
Reports, SUBSCRIBE to our premium
trades on Friday on back of demand from Banks and importers on back
reports. Click here…..
of higher crude oil prices and finally closed the session…….
USDINR
In April 2016, French Industrial production index - output recovered in the manufacturing industry (+1.3% after -1.0% in March), as well as in the whole industry (+1.2% after -0.4%).The index measures the monthly evolution of the volume of industrial production. Also, the seasonally adjusted Italian industrial production index increased by 0.5% Fundamental News South Korean won, stocks weaken on dollar strength, but compared with the previous month. mark weekly gain. Italy Industrial Output w.d.a (YoY) increased to 1.8% in April from previous 0.5%.
Reference Rate Currency USDINR EURINR GBPINR JPYINR
Date Date 09-06-16 10-06-16 66.6250 66.7948 75.8925 75.4714 96.7195 96.5719 62.4100 62.4000
German Consumer prices in May 2016: +0.1% on May 2015.
Currencies vs $
German Wholesale prices in May 2016: –2.3% on May 2015.
Currency Rupee Dollar Index Euro Pound Japanese Yen
Currency Future Currency
Date
Date
% Chg
09-06-16
10-06-16
USDINR
66.9225
66.9125
-0.01%
EURINR
75.9275
75.6700
-0.34%
GBPINR
96.8425
96.5200
-0.33%
JPYINR
62.7900
62.6300
-0.25%
Currency
Event
Forecast
Prev Close 66.7200 94.0700 1.1303 1.4446 106.98
% Chg
Prev.Close 1267.78 17.27 50.39 2.0290
% Chg +0.05% +0.05% -1.07% -0.24%
+0.05% +0.14% +0.04% -0.34% -0.15%
Global Commodities
Event Calendar (13th June 2016) Time
Close (5:00pm) 66.7600 94.2100 1.1298 1.4396 106.81
% Change +0.25% -0.55% -0.15% -0.01%
Previous
5:20am
JPY
BSI Manufacturing Index
-
-7.9
13th-15th
CNY
Foreign Direct Investment ytd/y
-
4.8%
13th-15th
CNY
M2 Money Supply y/y
12.6%
12.8%
13th-15th
CNY
New Loans
750B
556B
7:00pm
GBP
CB Leading Index m/m
-
0.0%
5:30pm
INR
CPI(YoY)
5.52%
5.39%
Commodity Gold Silver Crude Copper
Close 1268.52 17.28 49.85 2.0240
OUR PREVIOUS CALLS UPDATE Intraday super star Date Currency Entry Exit P/L 10/06 GBPINR 96.6800 96.5800 2400 Trifid special Date Currency Entry Exit P/L 09/06 JPYINR 62.5300 62.8300 12000 For our next calls click here……..
www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Overview USDINR
EURINR
USDINR opened on higher note and was able to sustain on
EURINR is dragging continuously since last few sessions and
higher side closing flat to positive.
finally settled in red territory.
If it closes above 100 day EMA of 67.1000 then further
It strongly resisted as seen on daily charts and if selling
strength can be seen while 66.7000 is seen as immediate support from current levels.
pressure continues then it may fall towards 75.1000 whereas 76.0000 may resist it to move forward.
R1 67.1000
R1
R2
S1
S2
75.9000
76.1000
75.5000
75.3000
R2 67.3000
S1 66.8000
S2 66.6000
GBPINR
JPYINR
GBPINR fell for the third consecutive session and even
JPYINR moved with negative bias throughout the session
surpassed its important support on daily chart.
and closed in red.
On moving southwards, 95.9500 is seen as next major support
Overall, its trend seems to be strong till it sustains above
while 97.1000 may act as immediate resistance from current
62.1000 and 63.1000 is marked as immediate resistance as
levels.
seen on daily chart.
R1 96.7000
R2 96.9000
S1 96.3000
S2 96.1000
R1 62.8000
R2 63.0000
S1 62.4000
www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
S2 62.2000
Intraday Super Star (Premium Section)
Currency constantly dragged in the last few sessions after facing stiff resistance at higher levels and is expected to continue its selling pressure. **** TARGETS ****/**** SL ****. For complete call subscribe to our premium reports.
www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Trifid Special (Premium Section)
Currency is inching higher for the last three sessions and tends to move towards the higher resistance mark if buying momentum continues on daily charts. **** TARGETS ****/**** SL ****. For complete call subscribe to our premium reports.
www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
DISCLAIMER Trifid Research respects and values the Right to Policy of each and every individual. We are esteemed by the relationship and by becoming our clients; you have a promise from our side that we shall remain loyal to all our clients and non-clients whose information resides with us. This Privacy Policy of Trifid Research applies to the current clients as well as former clients. Below are the word by word credentials of our Privacy Policy: 1. Your information, whether public or private, will not be sold, rented, exchanged, transferred or given to any company or individual for any reason without your consent. 2. The only use we will be bringing to your information will be for providing the services to you for which you have subscribed to us. 3. Your information given to us represents your identity with us. If any changes are brought in any of the fields of which you have provided us the information, you shall bring it to our notice by either calling us or dropping a mail to us. 4. In addition to the service provided to you, your information (mobile number, E-mail ID etc.) can be brought in use for sending you newsletters, surveys, contest information, or information about any new services of the company which will be for your benefit and while subscribing for our services, you agree that Trifid Research has the right to do so. 5. By subscribing to our services, you consent to our Privacy Policy and Terms of Use. 6. Trifid research does not guarantee or is responsible in any which way, for the trade execution of our recommendations, this is the sole responsibility of the client. 7. Due to the market’s volatile nature, the trader may/ may not get appropriate opportunity to execute the trades at the mentioned prices and Trifid Research hold’s no liability for any profit/ loss incurred whatsoever in this case. 8. It is the responsibility of the client to view the report timely from our Premium member section on our website: www.trifidresearch.com and the same will also be mailed to this registered email id. 9. Trifid research does not hold any liability or responsibility of delay in mail delivery of reports, as this depends on our mail service provider’s network infrastructure. 10. The clients can call us for any query related to buying/selling the securities, based on our recommendations.
www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410