Daily forex report 13 march 2014 by epic research

INDIAN FOREX DAILY REPORT 13th MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

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DAILY MARKET OUTLOOK 13th MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

MAR-2014

61.2550

61.5000

61.2250

61.4950

0.52%

740888

EUR-INR

MAR-2014

84.8500

85.3000

84.8225

85.2975

0.77%

59941

GBP-INR

MAR-2014

101.8250

102.2125

101.7000

102.0400

0.40%

52776

JPY-INR

MAR-2014

59.4500

59.8875

59.4500

59.8875

1.00%

10350

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

61.1317

61.3133

61.4067

61.5883

61.6817

EUR-INR

84.6625

84.9800

85.1400

85.4575

85.6175

GBP-INR

101.4717

101.7558

101.9842

102.2683

102.4967

JPY-INR

59.3042

59.5958

59.7417

60.0333

60.1792

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RBI DAILY REFRENCE RATES 13th MARCH-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

12-Mar-2014

61.0900

101.5927

84.6545

59.3900

11-Mar-2014

60.6995

100.9675

84.1590

58.7800

10-Mar-2014

61.1965

102.3511

84.9450

59.3400

07-Mar-2014

60.9850

102.0706

84.5255

59.2200

06-Mar-2014

61.3242

102.5402

84.1866

59.7400

05-Mar-2014

61.8550

103.0566

84.9195

60.5600

04-Mar-2014

61.9045

103.2567

85.1365

60.8400

03-Mar-2014

61.8605

103.5235

85.3085

61.0100

28-Feb-2014

62.0720

103.6106

85.0285

60.9900

26-Feb-2014

61.9380

103.3126

85.1148

60.5300

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EPIC DAILY TOP PICKS 13th MARCH-2014

JPY-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : JPY-INR has closed @ 59.8575. If it sustain above the level of 60.00, it can touch the level of 60.13 & 60.28 respectively. If it breaks the level of 59.30, it can touch the level of 59.17 & 59.02 respectively.

BUY JPY-INR ABOVE 60.00 TGTS 60.13, 60.28 SL 59.72.

SELL JPY-INR BELOW 59.30 TGTS 59.17, 59.02 SL 59.58.

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TODAY'S ECONOMIC EVENTS 13th MARCH-2014

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Research Analyst : Nilesh Jain YOUR MINTVISORY

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