FOREX WEEKLY NEWSLETTER : - PROJECTION FOR 21ST JUNE TO 25TH JUNE' 2021 !!

USDINR

PROJECTION: - 21ST JUNE TO 25TH JUNE’2021

TREND: - BULLISH (BUY ON DIP)

INDICATORS: - BULLISH

PREVIOUS WEEKLY PERFORMANCE: +1.41%

WEEKLY RANGE: - 73.31 (73.74 – 74.44) 75.05

EURUSD

PROJECTION :- 21ST JUNE TO 25TH JUNE’2021

TREND: - BEARISH (SELL ON BOUNCE)

INDICATORS: - BEARISH

PREVIOUS WEEKLY PERFORMANCE: - -2.55%

WEEKLY RANGE: - 1.2315 (1.2012 - 1.1709) 1.1621

GBPUSD

PROJECTION: - 21ST JUNE TO 25TH JUNE’2021

TREND: - BULLISH TO CORRECTION

INDICATORS: - CORRECTION

PREVIOUS WEEKLY PERFORMANCE: - -2.47%

WEEKLY RANGE: - 1.4321 (1.3980 – 1.3639) 1.3298

DOLLAR INDEX FUTURE

PROJECTION: - 21ST JUNE TO 25TH JUNE’2021

TREND: - BEARISH TO BULLISH

INDICATORS: - BULLISH

PREVIOUS WEEKLY PERFORMANCE: - +2.22%

WEEKLY RANGE: - 95.29 (93.24 - 91.19) 89.14

GOLD FUTURES

PROJECTION :- 21ST JUNE TO 25TH JUNE’2021

TREND :- BEARISH (BOUNCE POSSIBLE)

INDICATORS :- SELLING

PREVIOUS WEEKLY PERFORMANCE: -6.28%

WEEKLY RANGE: - 1647 (1765 – 1883) 2001

BRENT OIL FUTURE

PROJECTION :- 21ST JUNE TO 25TH JUNE’2021

TREND :- BULLISH

INDICATORS: - OVERBOUGHT

PREVIOUS WEEKLY PERFORMANCE: +4.01%

WEEKLY RANGE: - 77.93 (74.98 -72.03) 69.08

BITCOIN

PROJECTION: - 21ST JUNE TO 25TH JUNE’2021

TREND: - BEARISH (BUT SUPPORT NEAR 50 DMA)

INDICATORS: - OVERSOLD

PREVIOUS WEEKLY PERFORMANCE: +18%

WEEKLY RANGE: - 45248 (38757 – 32266) 25775