Daily forex report 12 march 2014 b y epic research

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INDIAN FOREX DAILY REPORT 12th MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

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DAILY MARKET OUTLOOK 12th MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

MAR-2014

61.0500

61.2075

60.8000

61.1850

0.17%

786550

EUR-INR

MAR-2014

84.7100

84.7600

84.3075

84.6675

-0.06%

58114

GBP-INR

MAR-2014

101.5925

101.7825

101.2075

101.6500

-0.09%

52379

JPY-INR

MAR-2014

59.1175

59.3500

58.8950

59.3250

0.30%

12909

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

60.6567

60.9208

61.0642

61.3283

61.4717

EUR-INR

84.1258

84.3967

84.5783

84.8492

85.0308

GBP-INR

100.9717

101.3108

101.5467

101.8858

102.1217

JPY-INR

58.7350

59.0300

59.1900

59.4850

59.6450

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RBI DAILY REFRENCE RATES 12th MARCH-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

11-Mar-2014

60.6995

100.9675

84.1590

58.7800

10-Mar-2014

61.1965

102.3511

84.9450

59.3400

07-Mar-2014

60.9850

102.0706

84.5255

59.2200

06-Mar-2014

61.3242

102.5402

84.1866

59.7400

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

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EPIC DAILY TOP PICKS 12th MARCH-2014

EUR-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : EUR-INR has closed @ 84.6500. If it breaks the level of 84.52, it can touch the level of 84.38 & 84.23 respectively. If it sustain above the level of 84.85, it can touch the level of 84.99 & 85.14 respectively. SELL EUR-INR BELOW 84.52 TGTS 84.38, 84.23 SL 84.80. BUY EUR-INR ABOVE 84.85 TGTS 84.99, 85.14 SL 84.57.

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TODAY'S ECONOMIC EVENTS 12th MARCH-2014

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