NYMEX Crude July basis is trading in sideways trend between $102.70 and $96.00. $95.00 is expected to act as decent support, only breach of $95.00 would result if further weakness.
FX Pair Support 2 Support 1 Resistance 1 Resistance 2
EURUSD 1.4075 1.4350 1.4600 1.4690
USDJPY 79.70 80.10 80.50 81.00
GBPUSD 1.6130 1.6300 1.6400 1.6470
USDCHF 0.8250 0.8370 0.8445 0.8540
EURJPY 115.60 116.20 117.10 117.40
AUDUSD 1.0510 1.0580 1.0695 1.0770
For trading calls, contact us at
+91-40-40268383
support@gfmresearch.com
www.gfmresearch.com
Disclaimer: This report contains the views of GFM Research Private Limited. This report should not be construed as investment/trading advice. Due care is taken when gathering the data/information and the data sources are believed to be reliable, though GFM Research Private Limited nor its Group Companies guarantee for the same. Trading/investing in financial markets may result in financial and/or emotional stress, a trader/investor is advised to weigh pros and cons of trading/investing. Further disclaimer will be produced on request.