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FOREX TECHICAL REPORT……!!!! 28- OCTOBER-2013, MONDAY


INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES Trade Date

1 USD

1 GBP

1 EURO

100 YEN

25-Oct-2013

61.6250

99.9373

85.1350

63.4800

24-Oct-2013

61.4105

99.5280

84.8150

62.9900

23-Oct-2013

61.5340

99.7466

84.7495

63.1800

22-Oct-2013

61.7800

99.6573

84.4855

62.8600

21-Oct-2013

61.4885

99.4085

84.1215

62.6600

18-Oct-2013

61.2760

99.0281

83.8010

62.5200

17-Oct-2013

61.5810

98.5111

83.4935

62.5100

15-Oct-2013

61.6929

98.5914

83.6735

62.6600

14-Oct-2013

61.3036

97.9877

83.1487

62.4000

11-Oct-2013

61.1570

97.7656

82.7795

62.1500

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INDIAN FOREX DAILY NEWSLETTER

USD/INR DAILY TECHNICAL LEVELS USD/INR FOUR HOURLY CANDLESTICK CHART

S2 – 61.2500

S1 – 61.4050

PIVOT – 61.6200

R1 – 61.7750

R2 – 61.9900

TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @61.5600. If USD/INR sustains above the level of @61.68 then it can touch the level of @61.83 and @61.94 respectively.

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INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR RUPEE:

USD / INR Oct futures contract (NSE)

View : Bullish on USD

Buy above 61.68

Market Lot : USD 1000

Target : 61.83 / 61.94

Stop Loss : 61.00

Support: S1/ S2 : 61.4050 / 61.2500

Resistance : R1/R2: 61.7750 / 61.9900

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INDIAN FOREX DAILY NEWSLETTER

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Research Analyst : Nilesh Jain 5|Page WWW.EPICRESEARCH.CO CALL: +917316642300


INDIAN FOREX DAILY NEWSLETTER

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Daily forex report by epic research 28 oct 2013