USD-INR:-

It is forming a flat correction with the 45.80 as support & 47.60 as resistance.It has completed the wave a & b & wave c has just opened which may head towards 47.60.

 

EURO-USD:- Last week we expected it to head for 1.4630 & then to 1.4480 & it actually made the low of 1.4586.We continue to hold our bearish target of 1.42-1.40 in longer timeframe.However it may halt temporarily at 1.4480 in coming week it will ultimately head for 1.42-1.40.
 

GBP-USD:- Last week it breached the 1.6270-1.6260 support zone & made the low of 1.6168.However it recaptured & closed at 1.6260.For the coming week it is headed for 1.5800.

 

USD-JPY:- Against our expectation of 92-93 it declined & made the low of 87.37 & closed the week at 89.11.For the coming week we see it heading for 92-93.