Daily forex report 07 april 2014 by epic research

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INDIAN FOREX DAILY REPORT 07th APRIL-2014

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DAILY MARKET OUTLOOK 07th APRIL-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

APR-2014

60.6150

60.7050

60.4050

60.4300

-0.18%

671613

EUR-INR

APR-2014

82.9025

83.2200

82.7725

82.8175

-0.49%

46031

GBP-INR

APR-2014

100.5225

100.6225

100.1250

100.1400

-0.21%

23615

JPY-INR

APR-2014

58.3725

58.4750

58.1425

58.1650

-0.21%

9302

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

60.2133

60.3217

60.5133

60.6217

60.8133

EUR-INR

82.4892

82.6533

82.9367

83.1008

83.3842

GBP-INR

99.7983

99.9692

100.2958

100.4667

100.7933

JPY-INR

57.9283

58.0467

58.2608

58.3792

58.5933

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RBI DAILY REFRENCE RATES 07th APRIL-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

04-Apr-2014

60.3210

100.0363

82.6545

58.1000

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

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EPIC DAILY TOP PICKS 07th APRIL-2014

EUR-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : EUR-INR has closed @ 82.8125. If it breaks the level of 82.73, it can touch the level of 82.60 & 82.45 respectively. If it sustain above the level of 83.36, it can touch the level of 83.49 & 83.64 respectively. SELL EUR-INR BELOW 82.73 TGTS 82.60, 82.45 SL 82.98. BUY EUR-INR ABOVE 83.36 TGTS 83.49, 83.64 SL 83.11.

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TODAY'S ECONOMIC EVENTS 07th APRIL-2014

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