Long-term forecasts on Euro, Yen and Aussie

Jun, 13, 2017     By Vikram Murarka    0 comments

Need reliable Euro, Yen and Aussie forecasts for business costing and planning your hedges?

We had started to offer long-term forecasts on Euro, Yen and Aussie, spanning over period of 3-quarters. We intend to continue the forecasts on a monthly basis which would reflect changes in our view based on market volatility.

As is unique to KSHITIJ.COM, you will find not only a directional view, but even explicit high-low-close projections for each quarter.


EURO July17 Longterm Report   


Possibly, the Euro will choose its path for this quarter in the next 1-2 weeks by either breaking above or staying below 1.1450-1500. Our bias is neutral at the immediate juncture.


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 Aussie July17 Longterm Report  


We remain bullish on Aussie but expect a dip in July, to be followed by resumption in the uptrend thereafter towards 0.80.


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Yen July17 Longterm Report  


Dollar-Yen has risen in June from levels near 109.10 to test 113.70 on the upside within the 108-115 range. The pair could now move up towards 115-116 in July followed by a corrective dip towards 112-111.


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Vikram Murarka

Chief Currency Strategist at KSHITIJ.COM. Likes to look at the markets from many different angles. Weaves many conventional and unconventional technical analysis techniques and fundamental analysis into a global macro perspective. Likes to take the road less traveled.

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Euro heading towards crucial resistance zone 1.15-1.17. Need to be cautious https://t.co/h22tX9jG5I https://t.co/h22tX9jG5I

4 days ago  

18Jul17, Copper 2.73: Curvilinear trendline Support working well. Test of 2.76 possible. https://t.co/1MHtkwEzZ7 https://t.co/1MHtkwEzZ7

4 days ago