USD-INR:-

Last week USD-INR made the high of 46.82 against our upside target of 46.95.For the coming week we see the 46.95 as upper range resistance & 45.75 as lower range support.We are expecting it to head for the 45.75 & our bias is modestly negative.However we do not see it breaching the 45.75 immediately.

EURO-USD:-Last week as we expected it made the high of 1.5060 above 1.4970 but it did not slide off as expected.We are expecting that it will break this rising trendline in the initial part of the week & thereby a rising wedge will also be broken on downside.We see temporary supports at 1.4850 & 1.4675.There will be good support at 1.4480 & finally a rock solid support at 1.4200. 

 
 

GBP-USD:-

Last week we had expected the high of 1.6700 & it actually made the high of 1.6693 & gave sharp sell off.We expect this down move to rebound from either 1.620 or 1.6090 & head to cross the 1.6693.

 

USD-JPY:- Last week we expected it to head for 92.50 & it made the high of 92.14.For the coming week we see 92.60 as resistance & on downside there is support at 90.10.