Daily forex report 05 march 2014 by epic research

Page 1

INDIAN FOREX DAILY REPORT 05th MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

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DAILY MARKET OUTLOOK 05th MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

MAR-2014

62.3850

62.4900

62.0875

62.1850

-0.28%

673080

EUR-INR

MAR-2014

85.7150

85.7450

85.4250

85.6000

-0.34%

55433

GBP-INR

MAR-2014

103.9500

104.1175

103.5550

103.7700

-0.54%

37268

JPY-INR

MAR-2014

61.4600

61.4800

60.9525

61.0500

-0.90%

7869

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

61.8517

62.0183

62.2542

62.4208

62.6567

EUR-INR

85.2700

85.4350

85.5900

85.7550

85.9100

GBP-INR

103.2517

103.5108

103.8142

104.0733

104.3767

JPY-INR

60.6333

60.8417

61.1608

61.3692

61.6883

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RBI DAILY REFRENCE RATES 05th MARCH-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

04-Mar-2014

61.9045

103.2567

85.1365

60.8400

03-Mar-2014

61.8605

103.5235

85.3085

61.0100

28-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

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EPIC DAILY TOP PICKS 05th MARCH-2014

JPY-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : JPY-INR has closed @ 61.0525. If it breaks the level of 60.94, it can touch the level of 60.81 & 60.66 respectively. If it sustain above the level of 61.50, it can touch the level of 61.63 & 61.78 respectively. SELL JPY-INR BELOW 60.94 TGTS 60.81, 60.66 SL 61.23. BUY JPY-INR ABOVE 61.50 TGTS 61.63, 61.78 SL 61.21.

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TODAY'S ECONOMIC EVENTS 05th MARCH-2014

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