Daily forex report 02 april 2014 by epic research

INDIAN FOREX DAILY REPORT 02nd APRIL-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

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DAILY MARKET OUTLOOK 02nd APRIL-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

APR-2014

60.5900

60.5900

60.0775

60.1400

-0.87%

601109

EUR-INR

APR-2014

83.1725

83.2050

82.4175

82.5800

-0.94%

42459

GBP-INR

APR-2014

100.6400

100.6400

99.8100

99.8825

-0.83%

19746

JPY-INR

APR-2014

59.4050

59.4525

58.5175

58.8500

-0.91%

6869

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

59.7567

59.9483

60.2692

60.4608

60.7817

EUR-INR

81.9467

82.2633

82.7342

83.0508

83.5217

GBP-INR

99.2808

99.5817

100.1108

100.4117

100.9408

JPY-INR

58.0050

58.4275

58.9400

59.3625

59.8750

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RBI DAILY REFRENCE RATES 02nd APRIL-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

28-Mar-2014

60.0998

99.8498

82.5765

58.8300

27-Mar-2014

60.1295

99.6466

82.9060

58.8100

26-Mar-2014

60.1725

99.3929

83.0915

58.8100

25-Mar-2014

60.4935

99.7719

83.6745

59.1700

24-Mar-2014

60.7030

100.1053

83.8070

59.2600

21-Mar-2014

61.0465

100.8061

84.1755

59.6400

20-Mar-2014

61.1310

101.1718

84.5925

59.7600

19-Mar-2014

61.0970

101.4149

85.0792

60.1800

18-Mar-2014

60.9453

101.3703

84.8917

59.9000

14-Mar-2014

61.5170

102.2166

85.2265

60.5700

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EPIC DAILY TOP PICKS 02nd APRIL-2014

EUR-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : EUR-INR has closed @ 82.6050. If it breaks the level of 82.55, it can touch the level of 82.42 & 82.27 respectively. If it sustain above the level of 83.01, it can touch the level of 83.14 & 83.29 respectively.

SELL EUR-INR BELOW 82.55 TGTS 82.42, 82.27 SL 82.83.

BUY EUR-INR ABOVE 83.01 TGTS 83.14, 83.29 SL 82.73.

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TODAY'S ECONOMIC EVENTS 02nd APRIL-2014

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Research Analyst : Nilesh Jain YOUR MINTVISORY

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