Friday 29 July 2016

29 July FOREX TRADING TIPS


SELL EURINR BELOW  74.65 TGT 74.55-74.45-74.35 SL 74.85 ABOVE CMP 74.65



TSELL GBPINR BELOW  88.80 TGT 88.70-88.60-88.50 SL 89 ABOVE CMP 88.83


BUY  JPYINR ABOVE  65.05 TGT -65.15-65.25-65.35 SL 64.85 BELOW CMP 65.02


FOREX TRADING TIPS

Wednesday 27 July 2016

Tuesday 26 July 2016

European stocks open mixed in cautious trade; DAX up 0.06%

European stocks opened mixed on Tuesday, as inventors remained cautious ahead of this week’s policy meetings by the European Central Bank and the Bank of Japan.

During European morning trade, the EURO STOXX 50 added 0.07%, France’s CAC 40 slipped 0.21%, while Germany’s DAX 30 inched up 0.06%.
Upbeat U.S. data released that week continued to support expectations for a rate hike by the U.S. central bank in the near future.

While most investors expect the Fed to leave its monetary policy unchanged this week, it could give hints on the timing of future rate hikes.

Market participants were also looking ahead to Friday’s policy statement by the BoJ, amid growing expectations for the announcement of additional stimulus measures.

BUY  GBPINR ABOVE  88.45 TGT -88.55-88.65-88.75 SL 88.25 BELOW CMP 88.45





Thursday 21 July 2016

Dollar slips lower vs. rivals as sentiment recovers

 The dollar slipped lower against the other major currencies on Thursday, as market sentiment recovered after global growth concerns dampened demand for riskier assets earlier in the week, but the greenback was still within close distance of a four-month high.
EUR/USD edged up 0.09% to trade at 1.1023, pulling away from Wednesday’s one-month low of 1.0979.
Market sentiment improved amid growing speculation major central banks around the world will introduce stimulus measures in order to boost economic growth.
On Thursday, investors were especially looking ahead to the European Central Bank’s policy statement, due later in the day.
Sentiment had weakened after the International Monetary Fund on Tuesday down wardly revised its projection for global economic growth in 2016 to 3.1%, from the prior 3.2%, though expecting a rebound to 3.4% in 2017.

GBP/USD was little changed at 1.3203 after a weak U.K. retail sales report added to concerns over the outlook for British economic growth.

BUY EURINR ABOVE 74.20 TGT -74.30-74.40-74.50 SL 74 BELOW CMP 74.20

BUY GBPINR ABOVE 89 TGT -89.10-89.20-89.30 SL 88.80 BELOW CMP88.97


TODAY FOREX SIGNAL

Monday 18 July 2016

TRADE NIVESH FOREX TRADING TIPS

SELL EURINR BELOW  74.35 TGT  74.25-74.15-74.05  SL 74.55 ABOVE CMP 74.36

SELL GBPINR BELOW  88.90 TGT  88.80-88.70-88.60  SL 89.10 ABOVE CMP 88.91




Thursday 14 July 2016

FOREX TRADING SIGNALS BY TRADE NIVESH 15 JULY 2016

BUY GBPINR ABOVE 90 TGT -90.10-90.20-90.30 SL 89.70 BELOW CMP 90

SELL JPYINR BELOW  63.55 TGT  63.45-63.35-63.25   SL 63.85 ABOVE CMP 63.55


FOREX TRADING TIPS

Monday 11 July 2016

11 july Forex tips - Dollar up more than 1% against yen as Japan stocks rally

The dollar rose more than 1% against the yen on Monday as Japanese stocks led a rally in Asian markets, boosted by a robust U.S. jobs report and hopes for additional economic stimulus in Japan.
USD/JPY hit highs of 101.95 and was last at 101.91, up 1.3% for the day. The pair had fallen to lows of 99.97 in the wake of Friday’s jobs report.
EUR/JPY advanced 1.22% to 112.43.
Japan’s Nikkei surged 3.98% after Prime Minister Shinzo Abe’s ruling coalition increased its majority in the upper house in parliamentary elections on Sunday.
The win for Abe’s coalition fed hopes for a fresh package of stimulus measures to spur economic growth.
Risk appetite had already been boosted after data on Friday showing that the U.S. economy added 287,000 jobs in June, well above the 175,000 jobs forecast by economists.
The stronger than expected jobs report indicated that the economic recovery is back on track.

SELL GBPINR BELOW 87.35 TGT 87.25-87.15-87.05 SL 87.55 ABOVE CMP 87.35-36