Daily forex report03mar2014 by epic research

Page 1

DAILY INDIAN FOREX REPORT 03rd MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

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DAILY MARKET OUTLOOK 03rd MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

MAR-2014

62.3000

62.4800

62.1650

62.1700

-0.23%

655004

EUR-INR

MAR-2014

85.5925

86.1425

85.4200

85.7600

0.18%

13659

GBP-INR

MAR-2014

104.0300

104.5400

103.8000

103.8500

-0.17%

14063

JPY-INR

MAR-2014

61.1425

61.4950

60.9950

61.0575

0.25%

6699

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

61.9567

62.3783

62.2717

62.3783

62.5867

EUR-INR

85.0517

85.4058

85.7742

86.1283

86.4967

GBP-INR

103.3233

103.5867

104.0633

104.3267

104.8033

JPY-INR

60.6825

60.8700

61.1825

61.3700

61.6825

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DAILY MARKET OUTLOOK 03rd MARCH-2014

CURRENCY MARKET OVERVIEW

YOUR MINTVISORY

CURRENCY

LAST PRICE

CHANGE

% CHANGE

DOLLAR INDEX

79.81

-0.48

-0.60%

USD-INR (SPOT)

62.0720

0.1340

0.22%

USD-INR (MAR-2014)

62.1700

-0.1400

-0.23%

EUR-USD (SPOT)

1.3802

0.0092

0.67%

EUR-INR (SPOT)

85.0285

-0.0863

-0.10%

EUR-INR (MAR-2014)

85.7600

0.1500

0.18%

GBP-USD (SPOT)

1.6745

0.0056

0.34%

GBP-INR (SPOT)

103.6106

0.2980

0.29%

GBP-INR (MAR-2014)

103.8500

-0.1700

-0.17%

USD-JPY (SPOT)

101.79

-0.34

-0.33%

JPY-INR (SPOT)

60.9900

0.4600

0.75%

JPY-INR (MAR-2014)

61.0575

0.1500

0.25% WWW.EPICRESEARCH.CO CALL: +917316642300


RBI DAILY REFRENCE RATES 03rd MARCH-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

27-Feb-2014

62.0720

103.6106

85.0285

60.9900

26-Feb-2014

61.9380

103.3126

85.1148

60.5300

25-Feb-2014

61.9765

103.3086

85.1435

60.5100

24-Feb-2014

62.1185

103.3838

85.3235

60.7100

21-Feb-2014

62.1618

103.4435

85.2685

60.6600

20-Feb-2014

62.2843

103.8404

85.6995

61.1700

18-Feb-2014

62.1220

103.9301

85.1680

60.5100

17-Feb-2014

61.9495

104.0194

84.9485

60.9700

14-Feb-2014

62.2770

103.6663

85.1755

61.2200

13-Feb-2014

62.2725

103.4658

84.8710

61.0200

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EPIC DAILY TOP PICKS 03rd MARCH-2014

USD-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : USD-INR has closed @ 62.2175. If it breaks the level of 62.17, it can touch the level of 62.05 & 61.92 respectively If it sustain above the level of 62.48, it can touch the level of 62.61 & 62.75 respectively.

SELL BELOW 62.17 TGTS 62.05, 61.92 SL 62.45. BUY ABOVE 62.48 TGTS 62.61, 62.75 SL 62.20.

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TODAY'S ECONOMIC EVENTS 03rd MARCH-2014

FORECAST

PREVIOUS

15.40M

15.24M

German Manufacturing PMI

54.7

54.7

EUR

Manufacturing PMI

53.0

53.0

19:00

USD

Core PCE Price Index (MoM)

0.1%

0.1%

19:00

USD

Personal Income (MoM)

0.2%

-

19:00

USD

Personal Spending (MoM)

0.1%

0.4%

19:00

USD

Real Personal Consumption (MoM)

-

0.2%

19:28

USD

Manufacturing PMI

56.6

56.7

20:30

USD

Construction Spending (MoM)

-0.5%

0.1%

20:30

USD

ISM Manufacturing Employment

52.0

52.3

20:30

USD

ISM Manufacturing PMI

52.0

51.3

20:30

USD

ISM Manufacturing Prices

58.3

60.5

TIME

COUNTRY

10:30

USD

Total Vehicle Sales

14:23

EUR

14:28

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EVENT

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