FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro- Woodies Pivot(Major) 
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FxWirePro- Major European Indices 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
- USD/INR is currently trading around 67.05.
- It made intraday high at 67.10 and low at 66.97 marks.
- Intraday bias remains neutral for the moment.
- A sustained close below 66.96 will tests key supports at 66.82, 66.56, 66.42(May 01, 2016 low), 66.32 (November 2015 low), 66.23, 66.10, 65.95, 65.81 marks respectively.
- Alternatively, reversal from key support will take the parity higher towards key resistances at 67.40, 67.81, 68.05 (crossover of 20D, 30D and 55D EMA) and 68.35 (March 1, 2016 high).
- On the other side, India’s BSE Sensex was trading 0.41% higher at 26,474.40 while NSE Nifty up by 0.55% to 8,110.40 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend. Current down side movement is short term trend correction only.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
