Currency Tips and it's Updates

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    28-Jul-2015

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1. 02 JUNE15 www.trifidresearch.com 2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS 5:20am JPY Monetary Base y/y 34.3% 35.2% 07:00am JPY Average Cash Earnings y/y 0.4% 0.0% 12:30pm EUR Spanish Unemployment Change -115.5K -118.9K 1:25pm EUR German Unemployment Change -10K -8K 2:00pm GBP Construction PMI 55.1 54.2 2:30pm EUR ISM Manufacturing PMI 0.1% 0.0% Rupee appreciates against US dollar. Euro skids as Greece misses debt deal deadline. Asia FX hit by worries on Greek debt, China growth; won down on weak data. China's yuan firms against dollar on prospects of IMF inclusion. UK PMI: manufacturing output rises on solid domestic demand. German manufacturing PMI dips to three-month low. Italian manufacturing PMI climbs to highest for over four years. Spanish Growth of output sharpest since April 2007. News FLASH Economic calendar June 02 3. CURRENCIES S1 S2 S3 R1 R2 R3 USDINR 62.9000 62.8000 62.7000 64.2000 64.3000 64.4000 EURINR 69.7000 69.6000 69.5000 70.0000 70.1000 70.2000 GBPINR 97.2000 97.1000 97.0000 97.5000 97.6000 97.7000 JPYINR 51.5000 51.4000 51.3000 51.7000 51.8000 51.9000 GBPINR on daily charts crossed 38.2% retracement and closed around it which is a weak sign and so bears are expected to extend if it sustains below the level of 97.2400. Pivot table TECHNICAL VIEW GBPINR 4. WWW.TRIFIDRESEARCH.COM DISCLAIMER