IIFL Wealth Management Ltd
Published on, 20/09/2017 11:11:49 AM

FX

US dollar remained on the defensive against major currencies ahead of FOMC policy statement, with investors keen to know the prospects of further rate hikes this year. It will be also interesting to know how convincingly fed communicates regarding tapering of balance sheet. Meanwhile, Euro firmed in light of better than expected German business sentiment index.Mannheim-based ZEW research institute stated that its monthly economic sentiment index for September rose to 17 from 10 in August.

To Read Complete Report & Disclaimer Click Here

GEPL Capital
Published on, 20/09/2017 10:47:56 AM

JPYINR

Observations:

* Prices break below the upward sloping trend line and closed below support placed at 58

* And prices closed below 5(57.9757) and 3(57.8339) EMA

Inferences:

* Trend is bearish

* If prices convincingly break below 57.65 we might see prices testing 56.53

To Read Complete Report & Disclaimer Click Here   

SEBI Registration number is INH000000081.
Please refer disclaimer at www.geplcapital.com/Disclaimer.aspx
 

GEPL Capital
Published on, 20/09/2017 10:47:05 AM

GBPINR

Observations:

* Prices failed to sustain above 87.02

* And prices closed above 5(86.3229) and 3(86.7053) EMA

Inferences:

* Trend is bullish

* If prices convincingly break above 87.02, prices might test 87.85 levels 

To Read Complete Report & Disclaimer Click Here   

 SEBI Registration number is INH000000081.
Please refer disclaimer at www.geplcapital.com/Disclaimer.aspx
 

GEPL Capital
Published on, 20/09/2017 10:46:11 AM

EURINR

Observations:

* Prices are making higher high and higher low

* And prices closed above 5(76.8628) and 3(76.9395)EMA

Inferences:

* Trend is bullish

* Buy on deeps till 76 is not broken on the downside 

To Read Complete Report & Disclaimer Click Here   

 SEBI Registration number is INH000000081.
Please refer disclaimer at www.geplcapital.com/Disclaimer.aspx