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Trifid Research offers Forex Tips and Currency Tips to its clients in india which help them in getting huge profit in Forex trading.
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26 FEBRUARY16<br />
www.trifidresearch.com
News FLASH<br />
‣ Asia FX up in cautious trade; oil retreat limits upside.<br />
‣ Sri Lankan rupee forwards weaker on importer dollar demand.<br />
‣ Sterling near 7-year low on Brexit fears, others stabilise.<br />
‣ Yuan barely budges as market grows cautious ahead of G20.<br />
‣ Annual inflation up to 0.3% in the euro area.<br />
‣ United Kingdom Gross Domestic Product (QoQ) meets expectations<br />
(0.5%) in 4Q.<br />
‣ United Kingdom Index of Services (3M/3M) registered at 0.7%<br />
above expectations (0.6%) in December.<br />
Economic calendar – Feb 26<br />
TIME CURRENCY DESCRIPTION FORECAST PREVIOUS<br />
JPY<br />
5:00am<br />
Tokyo Core CPI y/y 0.0% -0.1%<br />
All Day<br />
EUR<br />
German Prelim CPI m/m 0.6% -0.8%<br />
1:30pm<br />
EUR<br />
Spanish Flash CPI y/y<br />
-0.5% -0.3%<br />
Day 1<br />
ALL<br />
G20 Meetings<br />
- -<br />
7:00pm<br />
USD<br />
Prelim GDP q/q<br />
0.4% 0.7%<br />
7:00pm<br />
USD<br />
Core PCE Price Index m/m<br />
0.1% 0.0%
Pivot table<br />
CURRENCIES S1 S2 S3 R1 R2 R3<br />
USDINR 69.0000 68.9000 68.8000 69.3000 69.4000 69.5000<br />
EURINR 76.1000 76.0000 75.9000 76.4000 76.5000 76.6000<br />
GBPINR 96.1000 95.9000 95.7000 96.6000 96.7000 96.8000<br />
JPYINR 61.4000 61.3000 61.2000 61.7000 61.8000 61.9000<br />
TECHNICAL VIEW<br />
JPYINR<br />
JPYINR on its daily charts sustained on higher side since last few sessions and has the ability to test the<br />
resistance of 62.0000 if it holds above the level of 61.6500.
DISCLAIMER<br />
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