Weekly forex report 24 march 2014 by epic research

INDIAN FOREX WEEKLY REPORT 24th MARCH-2014 TO 29th MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

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WEEKLY MARKET OUTLOOK 24th MARCH-2014 TO 29th MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

USD-INR

MAR-2014

61.2300

61.4850

61.0025

61.0650

-0.40%

EUR-INR

MAR-2014

85.2000

85.3125

84.1250

84.2200

-1.06%

GBP-INR

MAR-2014

101.8275

101.9025

100.6725

100.7900

-0.97%

JPY-INR

MAR-2014

60.2100

60.5675

59.6600

59.7375

-1.15%

WEEKLY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

60.7017

60.8833

61.1842

61.3658

61.6667

EUR-INR

83.3650

83.7925

84.5525

84.9800

85.7400

GBP-INR

99.8917

100.3408

101.1217

101.5708

102.3517

JPY-INR

59.0808

59.4092

59.9883

60.3167

60.8958

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WEEKLY MARKET OUTLOOK 24th MARCH-2014 TO 29th MARCH-2014

CURRENCY MARKET OVERVIEW CURRENCY

LAST PRICE

CHANGE

% CHANGE

DOLLAR INDEX

80.28

0.7500

0.94%

USD-INR (SPOT)

61.0465

-0.4705

-0.76%

USD-INR (MAR-2014)

61.0650

-0.2425

-0.40%

EUR-USD (SPOT)

1.3794

-0.0120

-0.86%

EUR-INR (SPOT)

84.1755

-1.0510

-1.23%

EUR-INR (MAR-2014)

84.2200

-0.9000

-1.06%

GBP-USD (SPOT)

1.6488

-0.0158

-0.95%

GBP-INR (SPOT)

100.8061

-1.4105

-1.38%

GBP-INR (MAR-2014)

100.7900

-0.9900

-0.97%

USD-JPY (SPOT)

102.2500

0.9000

0.89%

JPY-INR (SPOT)

59.6400

-0.9300

-1.54%

JPY-INR (MAR-2014)

59.7375

-0.6975

-1.15%

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EPIC WEEKLY TOP PICKS 24th MARCH-2014 TO 29th MARCH-2014

USD-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : USD-INR has closed @ 61.0625. If it breaks the level of 60.95, it can touch the level of 60.74 & 60.52 respectively. If it sustain above the level of 61.57, it can touch the level of 61.79 & 62.01 respectively.

SELL USD-INR BELOW 60.95 TGTS 60.74, 60.52 SL 61.30.

BUY USD-INR ABOVE 61.57 TGTS 61.79, 62.01 SL 61.22.

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EPIC WEEKLY TOP PICKS 24th MARCH-2014 TO 29th MARCH-2014

EUR-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : EUR-INR has closed @ 84.2200. If it breaks the level of 84.16, it can touch the level of 83.94 & 83.70 respectively. If it sustain above the level of 84.65, it can touch the level of 84.87 & 85.11 respectively.

SELL EUR-INR BELOW 84.16 TGTS 83.94, 83.70 SL 84.54.

BUY EUR-INR ABOVE 84.65 TGTS 84.87, 85.11 SL 84.27.

YOUR MINTVISORY

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EPIC WEEKLY TOP PICKS 24th MARCH-2014 TO 29th MARCH-2014

GBP-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : GBP-INR has closed @ 100.7850. If it breaks the level of 100.71, it can touch the level of 100.49 & 100.25 respectively. If it sustain above the level of 101.18, it can touch the level of 101.40 & 101.64 respectively.

SELL GBP-INR BELOW 100.71 TGTS 100.49, 100.25 SL 101.09.

BUY GBP-INR ABOVE 101.18 TGTS 101.40, 101.64 SL 100.80.

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EPIC WEEKLY TOP PICKS 24th MARCH-2014 TO 29th MARCH-2014

JPY-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : JPY-INR has closed @ 59.7250. If it breaks the level of 59.64, it can touch the level of 59.42 & 59.19 respectively. If it sustain above the level of 60.16, it can touch the level of 60.38 & 60.61 respectively.

SELL JPY-INR BELOW 59.64 TGTS 59.42, 59.19 SL 59.99.

BUY JPY-INR ABOVE 60.16 TGTS 60.38, 60.61 SL 59.81.

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Research Analyst : Nilesh Jain YOUR MINTVISORY

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