Daily forex report 04 april 2014 by epic research

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INDIAN FOREX DAILY REPORT 04th APRIL-2014

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DAILY MARKET OUTLOOK 04th APRIL-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

APR-2014

60.0800

60.6075

60.0800

60.5175

0.56%

643727

EUR-INR

APR-2014

82.8975

83.3675

82.7800

83.1925

0.32%

45266

GBP-INR

APR-2014

100.1100

100.6600

100.0400

100.3400

0.21%

21437

JPY-INR

APR-2014

57.9350

58.3650

57.8650

58.2600

0.35%

10010

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

59.8742

60.1958

60.4017

60.7233

60.9292

EUR-INR

82.5258

82.8592

83.1133

83.4467

83.7008

GBP-INR

99.7267

100.0333

100.3467

100.6533

100.9667

JPY-INR

57.6633

57.9617

58.1633

58.4617

58.6633

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RBI DAILY REFRENCE RATES 04th APRIL-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

03-Apr-2014

60.1245

100.0712

82.7412

57.8700

02-Apr-2014

59.6463

99.2097

82.3920

57.4800

28-Mar-2014

60.0998

99.8498

82.5765

58.8300

27-Mar-2014

60.1295

99.6466

82.9060

58.8100

26-Mar-2014

60.1725

99.3929

83.0915

58.8100

25-Mar-2014

60.4935

99.7719

83.6745

59.1700

24-Mar-2014

60.7030

100.1053

83.8070

59.2600

21-Mar-2014

61.0465

100.8061

84.1755

59.6400

20-Mar-2014

61.1310

101.1718

84.5925

59.7600

19-Mar-2014

61.0970

101.4149

85.0792

60.1800

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EPIC DAILY TOP PICKS 04th APRIL-2014

USD-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : USD-INR has closed @ 60.5425. If it sustain above the level of 60.60, it can touch the level of 60.73 & 60.88 respectively. If it breaks the level of 60.17, it can touch the level of 60.04 & 59.89 respectively. BUY USD-INR ABOVE 60.60 TGTS 60.73, 60.88 SL 60.35. SELL USD-INR BELOW 60.17 TGTS 60.04, 59.89 SL 60.42.

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TODAY'S ECONOMIC EVENTS 04th APRIL-2014

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