USDINR
The Rupee correct from overbought levels , we are expecting that USDINR commence Friday session between 74.70 / 74.80 levels.
DAY TREND : - USDINR BULLISH but upside pressure persist.
INTRADAY RANGE - 74.15 ( 74.59 - 75.02 ) 75.46
EURUSD
The Euro US Dollar rate dipped as the outlook or the Eurozone’s economy continues to suffer, with Europe having now exceeded 1-million deaths from the Covid-19 pandemic. EUR/USD Exchange Rate Falls as Europe Lags Behind in Covid-19 Vaccine Rollouts.
DAY TREND : - EURUSD BULLISH but pair in overbought territory. Candlestick support some selling pressure.
INTRADAY RANGE - 1.2027 ( 1.1995 - 1.1947 ) 1.1907
GBPUSD
Despite global equity markets pushing record highs, the Sterling has been unable to post further gains versus the safe haven currencies. Now, the British Pound finds itself hurtling towards key support among each off the major GBP-crosses, suggesting that critical technical tests lie ahead.
DAY TREND : - BEARISH , candlestick patter support trend.
INTRADAY RANGE - 1.3856 ( 1.3809 - 1.3762 ) 1.3715
USDJPY
USDJPY price action is gyrating this morning as the US Dollar searches for direction following the latest data dump crossing market wires just now.
DAY TREND : - BEARISH but pair entered in oversold territory.
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