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Daily Market Reflection<br />

29 th June 2016<br />

For our BIG PROFIT calls and LATEST<br />

Market Outlook<br />

Reports, SUSCRIBE to our Premium<br />

In line with equity market, the rupee ended steady against the Reports. Click here……<br />

American currency at 67.95 per dollar on alternate bouts of selling and<br />

buying of the greenback amid persistent concerns over the UK leaving USDINR<br />

the European Union<br />

British financial markets were engulfed in further turmoil on Monday,<br />

with 10-year government borrowing costs sinking below 1 percent for<br />

the first time and sterling hitting a 31-year low against the dollar as<br />

investors bet Britain's vote to leave the EU will trigger a Bank of<br />

England rate cut.<br />

Fundamental News<br />

Steadier sterling, China pledge helps Asia; rupiah near 4-<br />

week high.<br />

Dollar and yen steady, pound crawls off low, numbed by<br />

Brexit shock.<br />

German Import prices in May 2016: –5.5% on May 2015.<br />

Italy Consumer Confidence dipped from previous 112.7 to<br />

110.2 in June.<br />

<strong>Currency</strong> Future<br />

<strong>Currency</strong> Date Date % Chg<br />

27-06-16 28-06-16<br />

USDINR 67.9700 67.8650 -0.15%<br />

EURINR 74.8650 75.0925 +0.30%<br />

GBPINR 89.8800 90.3450 +0.52%<br />

JPYINR 66.8650 66.6475 -0.33%<br />

Event Calendar (29 th June 2016)<br />

Time <strong>Currency</strong> Event Forecast Previous<br />

Reference Rate<br />

<strong>Currency</strong> Date Date %<br />

27-06-16 28-06-16 Change<br />

USDINR 67.9000 67.8867 -0.01%<br />

EURINR 74.8801 75.0623 +0.24%<br />

GBPINR 90.9113 90.1739 -0.81%<br />

JPYINR 66.6900 66.6900 0<br />

Currencies vs $<br />

<strong>Currency</strong> Close Prev % Chg<br />

(5:00pm) Close<br />

Rupee 67.8975 67.9450 -0.06%<br />

Dollar Index 95.9000 96.3600 -0.47%<br />

Euro 1.1008 1.1057 -0.44%<br />

Pound 1.3330 1.3308 +0.16%<br />

Japanese Yen 102.32 102.06 +0.25%<br />

Global Commodities<br />

Commodity Close Prev.Close % Chg<br />

Gold 1308.15 1317.60 -0.71%<br />

Silver 17.61 17.63 -0.11%<br />

Crude 47.49 46.92 +1.21%<br />

Copper 2.1565 2.1438 +0.59%<br />

4:30am<br />

USD<br />

FOMC Member Powell<br />

Speaks<br />

- -<br />

5:20am JPY Retail Sales y/y -1.6% -0.9%<br />

All Day EUR German Prelim CPI m/m 0.1% 0.3%<br />

12:30pm EUR Spanish Flash CPI y/y -0.9% -1.0%<br />

Date <strong>Currency</strong> Entry Exit P/L<br />

21/06 JPYINR 64.5600 64.8500 11600<br />

Core PCE Price Index<br />

USD<br />

0.2% 0.2% For our next calls click here……..<br />

m/m<br />

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll <strong>Free</strong>: 1800-270-1410<br />

Day 2 EUR EU Economic Summit - -<br />

6:00pm<br />

OUR PREVIOUS CALLS UPDATE<br />

Intraday super star<br />

Date <strong>Currency</strong> Entry Exit P/L<br />

27/06 JPYINR - - -<br />

Trifid special


Overview<br />

USDINR<br />

EURINR<br />

USDINR opened down than previous close but inched higher<br />

during the session and recovered some early losses.<br />

If it moves higher in the coming session then the resistance<br />

so seen is in the range of 68.3000-68.5000 while falling below<br />

68.0500 can be a weak signal for the counter.<br />

EURINR moved sideways in the last session and moved<br />

higher during the session.<br />

On intraday charts, 76.0000 is seen as key resistance level<br />

while sell offs can be seen if the pair sustains below the<br />

support level of 75.4000.<br />

R1 R2 S1 S2<br />

68.4000 68.6000 68.1000 67.9000<br />

GBPINR<br />

R1 R2 S1 S2<br />

75.8000 76.0000 75.5000 75.3000<br />

JPYINR<br />

GBPINR opened above the previous close and sustained on<br />

higher side for the session.<br />

After the biggest breakdown on daily charts it is on slight<br />

correction side which suggests buying above 91.6000 to move<br />

towards 92.0000 while key support is 90.7000.<br />

JPYINR dragged lower than the previous close and closed<br />

the session in red.<br />

It is moving in sidaeways fashion on daily charts and needs<br />

to surpass a range on either side. On higher side 67.0000 is<br />

the major resistance whereas 66.2000 is immediate support.<br />

R1 R2 S1 S2<br />

91.3000 91.5000 91.0000 90.8000<br />

R1 R2 S1 S2<br />

66.8000 67.0000 66.6000 66.4000<br />

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll <strong>Free</strong>: 1800-270-1410


Intraday Super Star<br />

(Premium Section)<br />

<strong>Currency</strong> is running through weak trend and the correction towards higher side may soon wash off in the coming session if it<br />

drops down below the immediate support.<br />

**** TARGETS ****/****/**** SL ****. For complete call subscribe to our premium reports.<br />

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll <strong>Free</strong>: 1800-270-1410


Trifid Special<br />

(Premium Section)<br />

<strong>Currency</strong> is running on weaker side since last two sessions and is expected to further fall towards the next immediate support<br />

so seen on daily charts.<br />

**** TARGETS ****/****/**** SL ****. For complete call subscribe to our premium reports.<br />

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll <strong>Free</strong>: 1800-270-1410


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