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DAILY FOREX REPORT 1st APRIL 2013

WWW.EPICRESEARCH.CO

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 HEADLINES Rupee pares early losses as exporters sell dollars The rupee pared earlier losses to trade at 54.345/350 rupees, just above the Tuesday's close of 54.365/375 on dollar sales by exporters. Markets were closed on Wednesday for a public holiday. The rupee touched a session low of 54.48 earlier in the day, tracking a weaker euro. Exporters sold dollars at around 54.57 levels, traders said, but oil importers' dollar demand prevented a further fall.

 TRADING TIPS  SELL USD/INR ABOVE 54.50 FOR TGT 54.38/54.26 SL 54.65 PAST PERFORMANCE  SELL USD/INR ABOVE 54.60 FOR TGT 54.45/54.30 SL 54.80 TARGET ACHIEVED www.epicresearch.co

REFERENCE RATE As on 28TH March 2013 UNDERLYING

RATE

USDINR

54.3893

EURINR

69.5438

GBPINR

82.3209

JPYINR

57.7600

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DAILY MARKET STATISTICS PRODUCT NAME

EXP DATE

Symbol

Series/Expiry

CHANA

7/19/2012

EURINR

OPEN

HIGH

LOW

Unit

Open

4556

26-Apr-2013

4573

1 EUR

4525

70.5175

High 4560

71.0000

Low 4532

69.8100

7/19/2012

5060

5060

GUR

7/19/2012

1188

1188

JEERA

7/19/2012

14955

14960

GBPINR

26-Apr-2013

KAPAS

7/19/2012

1049

1041

GBPINR PEPPER

29-May-2013 42300 1 GBP 4255583.2850 7/19/2012 42250 83.3100 42390

83.1050 42435

29-May-2013

1 EUR

1 GBP 1044

1053

7/19/2012

780.5

783.6

SOY BEAN

7/19/2012

4309

4330

JPYINR TURMERIC

26-Apr-2013

29-May-2013

100 JPY

14650

82.8300

REF SOYA

JPYINR

1178

70.4000

100 JPY

1035

777.4

58.4000

4265.5

58.4700 4518

1183.5

70.4450

15052.5

82.9275

782.85

58.4000

4303

58.5375

5018 1178

70.2000 14800

82.6200

781.3

57.9875 4315

58.2800

CHG

Close -28

70.0275

PERCENTAGE CHANGE

Prev. Close -0.61

70.4225

-102

-1.99

-5.5

-0.46

-252.5

-1.68

70.3850

82.7375 -8

70.8100

82.9150 -0.76

83.1575 45

83.3100 0.11

-1.55

-0.2

12

0.28

58.0425

58.3475 -124

57.9775

58.2925

7/19/2012

4600

4664

4540

WHEAT USDINR

7/19/2012 26-Apr-2013

12511USD 1282 54.7500 1251 54.8100 1246

54.6150 1282

54.6725 36

2.89 54.7000

USDINR

29-May-2013

1 USD

55.0400

55.1300

54.9300

54.9850

55.0225

USDINR

26-Jun-2013

1 USD

55.4050

55.4050

55.2250

55.2850

55.3200

www.epicresearch.co

4676

5120

LTP

CHILLI

EURINR

5018

CLOSE

-2.66

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DAILY USD/INR CHART

ANALYSIS OPEN: 54.7500 HIGH: 54.8100 LOW: 54.6150 CLOSE: 54.6725

 USD/INR LOOKS DOWNWARDS  TREND: BEARISH

 STRATEGY: SELL ON RISE

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DAILY EUR/INR CHART

ANALYSIS OPEN: 70.5175 LOW: 71.0000 HIGH: 69.8100 CLOSE: 70.0275

 EUR/INR LOOKS DOWNEARDS  TREND: BEARISH  STRATEGY: SELL ON RISE

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FOREX FORTHCOMING DATA TIME

CURRENCY

DATA

ACTUAL

FORECAST

PREVIOUS

6:30am

CNY

Manufacturing PMI

50.1

7:15am

CNY

HSBC Final Manufacturing PMI

51.7

7:30pm

USD

Final Manufacturing PMI

54.9

7:30pm

USD

ISM Manufacturing PMI

54.2

8:30pm

USD

IBD/TIPP Economic Optimism

46.3

47.3

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DAILY-FOREX-REPORT BY EPIC RESEARCH 1 APRIL 2013