USD-INR:-

For the coming week we see it heading for 46.40-46.65 zone in a slow & steady manner.

EURO-USD:- Last week it made a new high og 151.45 against our expectation of the decline towards the 1.4625.However we still stuck to our view of 1.4625 or lower as there is a clean sell divergence in stochastic indicator & marked in red colour in the chart.

 
 
 
 
 

GBP-USD:- Last week it made the LOW of 1.6268 against our expectation of 1.6260 & bounced off swiftly..For the coming week we are positively inclined & see it heading for the 1.6760.

 

USD-JPY:- Last week it breached the bottom of 88.00 & made a new low of 84.20.The bottom of 88 was a multi year low & it is quite bearish.For the coming week it may come back to 88 in a pull back but it's trend should be considered down only.