Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/INR trades in narrow range, bias remains neutral

  • USD/INR is currently trading around 65.34 marks.
     
  • It made intraday high at 65.39 and low at 65.24 marks.
     
  • Intraday bias remains neutral till the time pair holds key support at 65.25 marks.  
     
  • Key resistances are seen at 65.42, 65.62, 65.80, 66.00, 66.32, 66.48, 66.57, 66.80, 67.01, 67.17, 67.31 and 67.45 marks respectively.
     
  • On the other side, initial supports are seen at 65.25, 65.05, 64.87, 64.68 and 64.48 marks respectively.
     
  • In addition, India’s NSE Nifty was trading around 0.12 percent lower at 9,116.20 points and BSE Sensex was trading at 0.17 percent lower at 29,462.80 points.

We prefer to take long position in USD/INR only above 65.42, stop loss at 65.21and target of 65.60/65.80.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2017-05-26 10:27:21
0m

May 26 08:00 UTC Released

ITConsumer Confidence

Actual

105.4 %

Forecast

107.3 %

Previous

107.5 %

May 26 08:00 UTC Released

ITMfg Business Confidence

Actual

106.9 %

Forecast

108.0 %

Previous

107.9 %

May 26 11:30 UTC 2727m

INBank Loan Growth*

Actual

Forecast

Previous

4.30 %

May 26 11:30 UTC 2727m

INDeposit Growth*

Actual

Forecast

Previous

10.30 %

May 26 11:30 UTC 2727m

INFX Reserves, USD*

Actual

Forecast

Previous

375.270 bln $

May 26 12:30 UTC 8787m

USCorporate Profits Prelim

Actual

Forecast

2.3 %

Previous

2.3 %

May 26 12:30 UTC 8787m

USDurable Goods

Actual

Forecast

-1.2 %

Previous

1.7 %

May 26 12:30 UTC 8787m

USDurables Ex-Transport*

Actual

Forecast

0.5 %

Previous

0.8 %

May 26 12:30 UTC 8787m

USDurables Ex-Defense MM*

Actual

Forecast

0.0 %

Previous

1.0 %

May 26 12:30 UTC 8787m

USNondefe Cap Ex-Air*

Actual

Forecast

0.5 %

Previous

0.5 %

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.