currency tips for volatile market

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Page 1: Currency tips for volatile market

13 JULY15

www.trifidresearch.com

Page 2: Currency tips for volatile market

TIME CURRENCY DESCRIPTION FORECAST PREVIOUS

Tentative CNY

Trade Balance - 59.5B

10:00am JPY

Revised Industrial Production m/m - -2.2%

10:00am JPY

Tertiary Industry Activity m/m - -0.2%

2:00pm GBP

BOE Credit Conditions Survey - -

All Day EUR

Eurogroup Meetings - -

11:30pm USD

Federal Budget Balance - -82.4B

Rupee trading flat at 63.39 vs dollar, pares early gains.

Signs of Greek progress lift euro, yen hit as risk appetite grows.

Australia, New Zealand dollars continue gains as Greece offers

plan, China rebounds.

Italian Industrial production of May 2015 increased by 0.9%

compared with the previous month.

Greece Industrial Production (YoY): -4% (May) vs previous 0.4%.

Japan Consumer Confidence Rises As Expected In June.

News FLASH

Economic calendar – July 13

Page 3: Currency tips for volatile market

CURRENCIES S1 S2 S3 R1 R2 R3

USDINR 63.5000 63.4000 63.3000 63.7000 63.8000 63.9000

EURINR 71.0000 70.9000 70.8000 71.3000 71.4000 71.5000

GBPINR 98.7000 98.6000 98.5000 99.0000 99.1000 99.2000

JPYINR 51.9000 51.8000 51.7000 52.1000 52.2000 52.3000

EURINR on its daily charts surpassed the trend line and closed strong on back of optimism over Greek

bailout and so further buying can be seen above 71.3000.

Pivot table

TECHNICAL VIEW

EURINR

Page 4: Currency tips for volatile market

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