IMV FOREX UPDATE
304 subscribers
388 photos
3 videos
52 files
961 links
Indian Market View (Finaux Alpha 6 Investment Advisor Pvt. Ltd.). We are a SEBI registered Investment adviser.

Get trading levels, news, updates and research reports in Currency segment on our Telegram Channel.

+91-7065111166

www.indianmarketview.com
Download Telegram
FOREX WEEKLY UPDATE πŸ’ΉπŸ’²πŸ’±

Read weekly support & resistance levels along trading strategy of NZD/JPY, USD/CAD and EUR/CHF

Click on the link to read our weekly blog update πŸ‘‡πŸ‘‡

https://indianmarketview.com/nzdjpy-and-other-major-currency-pairs-technical-levels/



Indian Market View
FOREX UPDATE

GBP/USD looks positive above 1.2190 and could test 1.2240β€”1.2300++ levels or else it could test its support again.

Support and stop loss will remain below 1.2155.

Fresh selling will do on a close below 1.2155.

Trade with the levels only.
πŸ’± Major Currency pairs update (26th May 2020)

Rates cut on Friday failed to support Domestic Unit

Read technical support and resistance levels of Dollar Index, EURUSD, USDINR, and other currency pairs. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/rates-cut-on-friday-failed-to-support-domestic-currency/




Team Indian Market View
πŸ’Ή Dow Jones, S&P 500, Nasdaq, DAX all skyrocketed as investors look forwards to signs of re-opening of the world economy.

But, we need to keep a check on trade tensions between US and China that is simmering in the background. We cannot set overly-optimistic targets as of now.

Dow Jones 30 Futures broke its major resistance level of 24900 and is hovering above it.

It can continue to rise till 25230 levels, where we can expect a halt in it. But if US30 will manage to sustain above it as well, it can climb up to touch its next target of 26900 in the coming weeks.

The major support is 24650.

Trade with levels only.
IMV FOREX UPDATE
FOREX UPDATE GBP/USD looks positive above 1.2190 and could test 1.2240β€”1.2300++ levels or else it could test its support again. Support and stop loss will remain below 1.2155. Fresh selling will do on a close below 1.2155. Trade with the levels only.
πŸ“œ FOREX UPDATE

GBP/USD skyrocketed and hit 1.2256, our initial target of 1.2240 achieved successfully and final target intact around 1.2300. πŸš€πŸš€

Told to buy around 1.2190. A gain of more than 50 pips.

Keep profit booking and revise stop loss at cost.
XAU/USD (Gold spot) is trading at a crucial level.

In the above mentioned 4-hour chart of Gold, it can be seen that it is taking hurdle around its downward sloping trend line.

If Gold will not be able to breach it in the near term, then we can see a correction till $1715---$1695.

The major resistance is seen at $1742. We can go for fresh buying only on a close above it and embark on a breakout rally.

Trade with levels only.
IMV FOREX UPDATE
Bearish Butterfly in EUR/GBP EUR/GBP is under the formation of a β€œBearish Butterfly” pattern in 4-hour chart. It has its major resistance at 0.90000, which is unlikely to be breached in the near term if the pattern is to be followed. EUR/GBP has its immediate…
EURGBP crashed vertically

It just made a low of 0.88490 and almost achieved our initial target of 0.88820.

Low risk trader can book their profit at CMP.

Those who want to hold for further targets can revise their stop loss above 0.89550 and hold short.

Trade with levels only.
IMV FOREX UPDATE
XAU/USD (Gold spot) is trading at a crucial level. In the above mentioned 4-hour chart of Gold, it can be seen that it is taking hurdle around its downward sloping trend line. If Gold will not be able to breach it in the near term, then we can see a correction…
XAU/USD crashed and hit $1714.72

Succesfully achieved its initial target of $1715.

Hope you are minting money in itπŸ’°πŸ’°πŸ’°

Those who are still holding, can revise their stop loss at cost and wait for our second target.

This is nothing but the power of levels!

Trade with levels only.
πŸ’± Major Currency pairs update (27th May 2020)

Domestic woes weighing down on Rupee πŸ’΅πŸ’Ά

Read technical support and resistance levels of Dollar Index, EURUSD, USDINR, and other currency pairs. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/domestic-woes-weighing-down-on-rupee/




Team Indian Market View
Comex Copper

Copper looks weak below $2.3700 and could test $2.3270--$2.3000+++levels.

Resistance and stop loss will remain above $2.4200.

Trade with the levels only.
πŸ’± Major Currency pairs update (28th May 2020)

Will the lockdown extend? πŸ€”πŸ€”

Read technical support and resistance levels of Dollar Index, EURUSD, USDINR, and other currency pairs. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/will-the-lockdown-extend-major-currency-pair-update/




Team Indian Market View
IMV FOREX UPDATE
Photo
πŸ’Ή EURINR shot up and made a high of 84.19... (Updated on 27th May 2020)

Are you holding long in it as per our levels??? πŸ€”

Book your part profit here and revise your stop loss below 83.50. πŸ’°

Break and close above 84.40 will see continuous upside move till 84.90 levels.
πŸ’± Forex Update (29th May 2020)

Read domestic as well as internationalπŸ’²currency pairs technical levels for today

Find out technical support and resistance levels of USDINR, Dollar Index, EURUSD, JPYINR, GBPUSD, and USDJPY.. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/forex-update-technical-levels-of-major-currency-pairs/




Team Indian Market View
🌐 International Index Update (29th May 2020)

Global markets stocks slip as investors are waiting for the US president Trump conference.

Find out technical support and resistance levels of international Index Dow 30, NASDAQ, S&P 500, DAX and FTSE100.. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/technical-levels-of-dow-30-sp500-nasdaq100-ftse-dax/



Team Indian Market View
πŸ’± Is the rally in Domestic currency there to sustain? πŸ€”

Read technical outlook of domestic currency as well as major πŸ’²Global currency pairs

Find out technical support and resistance levels of USDINR, Dollar Index, EURUSD, JPYINR, EURGBP, and USDJPY.

Link - https://indianmarketview.com/is-the-rally-in-domestic-currency-there-to-sustain/




Team Indian Market View