The USD/INR edges higher amid a steady US Dollar and downbeat Indian services PMI signals. India’s May Composite PMI eases; Services PMI revised lower but…
USD/INR trades near 85.65 as the Indian Rupee weakens against a steady US Dollar. INR pressured by falling equities, rising oil prices, and FII outflows.…
Indian Rupee loses traction in Thursday’s early European session. The Indian HSBC Manufacturing PMI rose to 58.3 in May; Services PMI improved to 61.2 in…
JSW STEEL Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Orange Wave 2. Position: Navy Blue Wave 1. Directions next higher degrees: Orange Wave 3. Details: Orange wave 1 appears complete; orange…
Indian Rupee (INR) crosses trade with a negative bias at the start of Tuesday, according to FXStreet data. The Euro (EUR) to the Indian Rupee…
INFOSYS – Daily Elliott Wave technical analysis Function: Bearish Trend. Mode: Impulsive. Structure: Gray wave 3. Position: Orange wave 3. Direction next higher degrees: Gray wave 4. Details: Gray wave 2 appears completed; gray…
Indian Rupee (INR) crosses trade with a negative bias at the start of Friday, according to FXStreet data. The Euro (EUR) to the Indian Rupee…
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data. The Euro (EUR) to the Indian Rupee…
JSW STEEL – Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Navy Blue Wave 1. Position: Gray Wave 3. Direction next lower degrees: Navy Blue Wave 2. Wave…
The high Gold price also has its negative aspects, Commerzbank’s commodity analyst Carsten Fritsch reports. There is a risk of a sharper price correction “Swiss…