IMV FOREX UPDATE
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Indian Market View (Finaux Alpha 6 Investment Advisor Pvt. Ltd.). We are a SEBI registered Investment adviser.

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Hope you all are enjoying our forex level update ☺️

EURJPY... Book full profit around 115.80. πŸ’°
S&P 500 Futures....catch it!

The immediate support is 2830, one can buy it arojnd 2880 with a stop loss below support level.

We can expect it touch 2970---3040 levels soon.

Trade with levels only.
IMV FOREX UPDATE
Palladium... Don't jump to buy Sell around $1950---$1980 We will see downside panic till $1550---$1400 in days to come. Immediate hurdle at $2170
Palladium... Trading around $1750.

Keep booking tiny profit of $200.

Think what you are missing on a daily basis.
πŸ’± Major Currency pairs update

RBI stumbles on negative global sentiment πŸ’Ά

Read today's technical levels of Dollar Index, JPYINR, and other major currency pairs.

Click on the link πŸ‘‡

https://indianmarketview.com/rupee-edged-up-against-the-us-dollar/
Comex Gold

Not able to breach it's resistance level of $1715 and slipped.

Below $1694... Panic remain continue till $1670---$1660.

Hurdle intact $1715
βœ… NASDAQ Composite

NASDAQ has a major support level of 8750 and is moving towards it major resistance level of 8960.

A break and close above 8960 will take it up to 9200---9500---9850 levels in the coming time, but if it will not be able to sustain above 8960, then it can come down to touch its support level again.

Below 8750, we will see a sharp downside move till 8400---8200 levels in the days to come.

More and more downside can be seen only if it will manage to give a close below 8200.

Trade with levels only.
Comex Gold... Hurdle at $1715

Three consecutive close + weekly close above $1715 will take it to $1735---$1750

Who will stop above $1750???

Ultimate target intact $1900.

Immediate support at $1695.
DAX FUTURE

Above 10800... Rally remain continue till 11300---11450 and then to 12000 mark in days to come.

Support and stop loss below 10500 on a closing basis.
DOW FUTURE

Be ready for a sharp upside move. Target looks 25000+++

Support and stop loss below 23500 on a closing basis.

Any sharp downside panic will be buying opportunity in it.
🏁 Two exchanges -- India International Exchange (IFSC) Ltd. and NSE IFSC Ltd. will begin trading foreign-exchange settled rupee derivatives from today onwards to tackle a growing offshore market for its currency.

Read technical levels update of Major Currency Pairs πŸ‘‡πŸ‘‡

https://indianmarketview.com/india-taking-on-offshore-currency-market/




Team Indian Market View
COMEX Silver

XAG/USD looks positive on the chart. It was unable to break its major support level of $14.50 and bounced back sharply.

One can buy it on dips for a target of $16.20---$17.40.

It has its immediate support at $15.00, which is to be maintained as a stop loss.

Trade with levels only.
IMV FOREX UPDATE
COMEX Silver XAG/USD looks positive on the chart. It was unable to break its major support level of $14.50 and bounced back sharply. One can buy it on dips for a target of $16.20---$17.40. It has its immediate support at $15.00, which is to be maintained…
COMEX SILVER

Silver unable to sustain at upper levels and slipped to $15.30

Today's closing is very important. If it manages to give a close above $15.50 then we will see sharp upside rally in days to come

The immediate support is $15.00.

Trade safely as per levels given today and wait for confirmation
Crude Oil πŸ›’οΈπŸ›’οΈ has bottomed out for the time being and climbed up for two weeks straight after US Oil rig count fell

Read our weekly technical levels πŸ“Š update on Brent Oil Futures, Palladium Futures and Soybean Futures

Click on the link πŸ‘‡πŸ‘‡

https://indianmarketview.com/weekly-update-on-brent-oil-palladium-and-us-soybean/


www.indianmarketview.com
πŸ—“οΈ Weekly Forex Update 🏹

Read technical support and resistance levels of Major Currency Pairs πŸ’΅πŸ’΄πŸ’·πŸ’Ά

Click on the link πŸ–±οΈ

https://indianmarketview.com/major-currency-pairs-weekly-update/



Team Indian Market View
Big Shots

✍️Keep patience till 23rd May 2020.

✍️Profit booking may take place in bullion from upper levels.

✍️Silver will consolidate in the range of 45000----42000

✍️Copper has major resistance at 413

✍️Crude oil trend is positive. 2500 will be our short term upside target.

✍️Crude oil has immediate resistance af 2050.

✍️Natural will not break it's resistance level of 165 in next 15 trading session.

✍️USDINR has crucial support at 74.50 and resistance at 77.00

✍️You will not get clear direction in currency segment till 23rd May 2020.

✍️Indian indices may consolidate too till 23rd May 2020

✍️Weekly Option writing will be fruitful for this week

✍️ Investment in PSU and Realty stocks is not a good idea

✍️Investment will be fruitful in IT and consumption stocks.

✍️Media stocks may collapse

✍️We will wait for a trigger in financial and auto stocks

✍️Dollar Index and EUR still at crucial support and resistance level

✍️Dow30... Still looks positive, major support at 22900

✍️Global indices short term trend is positive; Indian indices will follow upto an extent.

✍️Don't underestimate agri stocks; good time to invest.

✍️Upcoming weekly sara will not give major impact to the sentiments.

😝Finally keep an eye on twitter.

Our recent update links

https://indianmarketview.com/weekly-levels-of-nifty-and-bank-nifty/

https://indianmarketview.com/major-currency-pairs-weekly-update/

https://indianmarketview.com/sp-500-futures-weekly-technical-levels/

https://indianmarketview.com/weekly-update-on-brent-oil-palladium-and-us-soybean/

https://indianmarketview.com/weekly-levels-of-soybean-and-other-commodities/


www.indianmarketview.com
Forex Update

EUR/JPY looks positive on charts. Sustainable trade above 116 will take it to 118.50---119.00 mark

Support and stop loss below 114.00 on a closing basis.


www.indianmarketview.com
Forex Update

EUR/CAD... Watch 1.5050 level carefully.

Break and close below 1.5050 will take EUR/CAD till 1.4750---1.4600 and then to 1.4200 levels in days to come.

Immediate hurdle at 1.5200



www.indianmarketview.com
➑️ Major Currency pairs update (11th May 2020)

Rupee range-bound on rising uncertainties. πŸ’Έ

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

https://indianmarketview.com/major-currency-pairs-update/
Gold stuck in a range

Comex Gold has resistance at $1715---$1728---$1751 while support at $1688---$1657---$1630

Trade safely with levels only.