USD-INR:- At 45.12 it has completed the major downward pattern & turn for upside. Hence our bias is for upward movement. It has strong support at 45.75 & is not likely to be broken in near future. For the coming week it has resistance at 47.10. In our view it will make failure attempt to cross 47.10 & consolidate near that area to decisively cross in later weeks.

EURO-INR:- It is in the strong downtrend & oversold indicators points for further decline. For the week we see 61.55 as strong support & 64.70 as strong resistance.

GBP-INR:- It has either completed a major pattern on downside or in the terminal stages of the same. We see a very strong support at 70.05 & do not think that it will be breached decisively in near future. On the upside when it turns up we see the target at 75-75.70 in the 3-4 weeks from there on.

JPY-INR:- It has strong support at 0.505 & we do not see it breaching in near future. At the same time it has strong resistance  at 52.80.We are of the view that it will remain within this range for the coming week & traders may design their strategy with this move in mind.
 
 
 EURO-USD:- For the coming week it is confined to 1.353 & 1.384 range before starting a fresh move.

GBP-USD:- It has formed the inverted flag within the strong downward trend. We do not see it crossing the 1.58 on upside & on the downside it has strong probability that it will touch the 1.525.

  USD-JPY:- In our view it is in sideways with mild positive bias & may touch 91.80 & then 92.70.