Daily forex report 06 march 2014 by epic research

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INDIAN FOREX DAILY REPORT 06th MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

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DAILY MARKET OUTLOOK 06th MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

MAR-2014

62.1550

62.2250

61.9100

61.9675

-0.38%

763333

EUR-INR

MAR-2014

85.5000

85.5000

84.9175

84.9750

-0.75%

53835

GBP-INR

MAR-2014

103.6275

103.7025

103.2400

103.3550

-0.41%

45452

JPY-INR

MAR-2014

60.8475

60.9000

60.5000

60.5750

-0.79%

9531

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

61.7192

61.8433

62.0342

62.1583

62.3492

EUR-INR

84.5483

84.7617

85.1308

85.3442

85.7133

GBP-INR

102.9700

103.1625

103.4325

103.6250

103.8950

JPY-INR

60.2583

60.4167

60.6583

60.8167

61.0583

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RBI DAILY REFRENCE RATES 06th MARCH-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

05-Mar-2014

61.8550

103.0566

84.9195

60.5600

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

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EPIC DAILY TOP PICKS 06th MARCH-2014

USD-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : USD-INR has closed @ 61.9575. If it breaks the level of 61.91, it can touch the level of 61.78 & 61.64 respectively. If it sustain above the level of 62.22, it can touch the level of 62.35 & 62.49 respectively. SELL USD-INR BELOW 61.91 TGTS 61.78, 61.64 SL 62.19. BUY USD-INR ABOVE 62.22 TGTS 62.35, 62.49 SL 61.94.

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TODAY'S ECONOMIC EVENTS 06th MARCH-2014

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