Kshitij Consultancy Services
Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
TECHNICAL CHARTS
FUNDAMENTAL CHARTS
Morning Briefing Dollar Index (98.89) still hovers just above the make or break support of 98.50 but requires a rise above 99.35 for a confirmed reversal signal and Euro (1.0911) has again come off the highs after being rejected from the major resistance of 1.0950, keeping open the possibility of a downward correction to 1.0840 and 1.0700. Today’s ECB meet may turn out to be a market driver.
The German-US 2Yr (-1.98%) has come off and is testing the earlier resistance turned support near current levels. A bounce from here could trigger some more strength in Euro in the near term. We need to keep a close watch for further directional cues.