Gold Silver Reports (GSR) – Will this be where buyers falter yet again? Right now, price is closing in on a test of the 21 June high @ 95.53. But beyond that, there is also resistance seen @ 95.65 from the high in July.
Currencies
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What Was the Strongest and Weakest Currency This Week?
Gold Silver Reports (GSR) – If you took the % changes of the major currencies (USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD) vs each other, and added up those values, you could rank the strongest and the weakest. Note the changes are not weighted (like the DXY index is weighted), but just a raw sum of the changes.
USD/INR Spot Above 68.78, Ready For Blast, Don’t Sell Target 69++++ Neal Bhai Reports
USD/INR Spot Above 68.78, Ready For Blast, Don’t Sell Target 69++++ Neal Bhai Reports
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)
“No Magic, No Miracle, Just Power of Level”
EUR/USD Consolidation May Finally be Coming to an End – Gold Silver Reports
Gold Silver Reports (GSR) – The sideways movement has also narrowed in the last five weeks. A view of the daily time frame shows what appears to be a narrowing wedge. Resistance extends from the June 14th high while support begins with the June 21st low.
Rupee Advances Against Dollar, Hits 6-Week High
Gold Silver Reports (GSR )- Rupee Advances Against Dollar, Hits 6-Week High – Rupee rose 16 paise to six week high of 68.26 per dollar after the central bank maintained a neutral stance at its policy review on Wednesday, much to the relief of many investors.
The MPC’s decision to hike repo rate by 25 basis points while retaining the neutral stance reiterates the view of a shallow rate-hike cycle amid increasing global and domestic uncertainties, according to analysts at Kotak Mahindra Bank.
USD/INR Report – Above 69 Only Blast 69.10—69.15 | Neal Bhai Reports
USD/INR Report – Above 69 Only Blast 69.10—69.15, Where Above 69.25 Hurdel Cross and Close above, We See Blast Target 70 or My Ultimate Target 74, Just Need Patience
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)
“No Magic, No Miracle, Just Power of Level”
Rupee Weakens Further Against US Dollar
Gold Silver Reports (GSR) – The Indian rupee weakened along with emerging market currencies as the US dollar advanced on the back of higher US Treasury …