USDINR
Rupee under pressure on rising COVID19 cases against greenback, we expect pair likely to commence Thursday session between 75.10 / 75.20 levels.
DAY TREND - UP but market on overbought territory.
INTRADAY RANGE - 74.48( 74.88 - 75.28 ) 75.68
GBPUSD
The Pound US Dollar exchange rate trading at par -0.03% in early south east Asian session. The pairing is currently trading around $1.3773. GBPUSD trying to find base near 1.3663 to 1.3700 levels.
DAY TREND : - ABOUT TO CHANGE ON NORTH WAY
INTRADAY RANGE - 1.3675 ( 1.3749 - 1.3809 ) 1.3869
EURUSD
EUR/USD is in positive territory for a fourth straight day in early south east Asian session . Currently, EUR/USD is trading at 1.1975, -0.02% on the day. The euro has quietly but steadily moved within striking distance of the 1.20 line, which has psychological significance. EUR/USD has climbed almost 2 percent in the month of April.
DAY TREND : - NORTH WAY
INTRADAY RANGE - 1.3689 ( 1.3749 - 1.3809 ) 1.3869
USDJPY
The USDJPY at support level of $109 has been broken down and this has exposes the price to $108 support level, further increase in bears’ pressure may lead to price decrease to $106 and $105 price level. The resistance levels above the current price can be found at $109, $111 and $112 price level.
DAY TREND : - SOUTH WAY
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