Currency Index Strength
1 – Good strength , 2- Medium strength, 3 – Low strength

CHF – 2
GBP -2
EUR -2

JPY -1
AUD -1

Directional Views:

Chances are there EURAUD can go up
Chances are there GBPJPY can go up
Chances are there GOLD and Silver can weaken further

Intraday Level:
GBPUSD Upward movement expect towards 1.41345 and 1.41492

CRUDE OIL (WTI/ US Oil) downward movement expect towards 69.650 and 68.740

News Update: Time mentioned is UAE
10.00 – GBP – Unemployment rate
16.30 – USD – Retail Sales


About Author

Mithun Girishan is the founder of MMM (Mithun’s Money Market), a consulting firm providing quality training programs in capital markets. He is an investor, trader, coach and a continuous learner. In addition, Mithun provides consultation and mentorship to many retail investors and company directors across the globe for investments, trading and hedging their wealth in stocks and futures. His passion lies in exploring new avenues in financial markets as well as learning theoretical and practical economics and its application in daily lives. This has exposed him to a wide range of markets spanning from equity, commodity, forex, futures to options.

Comments are closed.