USD-INR:-

Contrary to our expectation it has unveiled an extension on downside .We are estimating that this has target on the downside in the range of 43.50-43.00.However in the coming week we see it bouncing to 46.00 levels & then commence the downward journey.



EURO-USD:- Last  week we expected it will not breach 1.4250  on downside & may head for 1.4500.It made the low of 1.4258 & high of 1.4484.In our estimation it still contains some upward force & may attempt to cross the 1.4500 once more. However in larger timeframe it is forming an inverted flag & may breach downside strongly. 




GBP-USD:- For the coming week we do not see it breaching 1.5900 & on upside it will attempt for 1.6250 & higher.



USD-JPY:- It has completed a major wave down at 85 & rebounded swiftly to 93.78.This was a too fast a move within a short span of time. We are expecting it to correct to 90 levels in coming days as it has formed the DARK CLOUD COVER.