We prefer to take short position on USD/CNY only below 6.8976, stop loss 6.92 and target of 6.8525.
It made intraday high at 6.9087 and low at 6.8976 levels.
Currencies
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USD/INR Trades in Range, Further Trend Sideways – Gold Silver Reports
USD/INR Trades in Range
Intraday bias remains slightly bullish for the moment.
It made intraday high at 69.79 and low at 69.66 marks.
Indian Rupee Trades Marginally Higher Against U.S. Dollar
Indian Rupee trades marginally higher against U.S. Dollar, Stay Bearish only Below 69.60 Mark
The Indian rupee on Thursday strengthened marginally against the US dollar tracking gains in other Asian currencies.
J.P. Morgan Updates: Buy USD/INR 1y ATM Straddles Vs. Sell AUD/USD 1y Straddles, p/l: 0.0 vol
J.P. Morgan Updates: Buy USD/INR 1y ATM Straddles Vs. Sell AUD/USD 1y Straddles, p/l: 0.0 vol
South Korean WON Trades Marginally Lower as Manufacturing BSI Data Misses Expectations
✅ We prefer to take long position on EUR/KRW only above 1,330, stop loss 1,320 and target of 1,358.
✅ EUR/KRW is currently trading around 1,329 mark.
Indian Rupee Strengthens Noticeably Against U.S. Dollar
USDINR Currencies Updates : – It made intraday high at 70.42 and low at 69.34 marks.
Technical Analysis – GBP/USD Gains some Ground But still below Descending Line
This level has become a key threshold for GBP/USD rates in recent times, with the current economic climate restricting any major advancements for the pound.