Daily forex report 21 april 2014 by epic research

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INDIAN FOREX DAILY REPORT 21st APRIL-2014

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DAILY MARKET OUTLOOK 21st APRIL-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

APR-2014

60.4450

60.5900

60.3150

60.4250

-0.11%

723954

EUR-INR

APR-2014

83.5825

83.8300

83.5150

83.7000

0.01%

63529

GBP-INR

APR-2014

101.6975

101.9125

101.4525

101.5300

-0.02%

31390

JPY-INR

APR-2014

59.1925

59.4250

59.1300

59.1825

0.04%

11103

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

60.1683

60.2967

60.4433

60.5717

60.7183

EUR-INR

83.3667

83.5333

83.6817

83.8483

83.9967

GBP-INR

101.1717

101.3508

101.6317

101.8108

102.0917

JPY-INR

58.9508

59.0667

59.2458

59.3617

59.5408

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RBI DAILY REFRENCE RATES 21st APRIL-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

17-Apr-2014

60.3805

101.6325

83.5737

59.2000

16-Apr-2014

60.2263

100.7887

83.2910

58.9100

15-Apr-2014

60.2620

100.7099

83.2700

59.1400

11-Apr-2014

60.2670

101.0979

83.7385

59.2000

10-Apr-2014

60.2115

101.0469

83.3340

59.1800

09-Apr-2014

60.0740

100.5639

82.7896

58.8800

07-Apr-2014

59.9483

99.3583

82.1525

58.1300

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

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EPIC DAILY TOP PICKS 21st APRIL-2014

JPY-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : JPY-INR has closed @ 59.1825. If it breaks the level of 59.07, it can touch the level of 58.94 & 58.79 respectively. If it sustain above the level of 59.51, it can touch the level of 59.64 & 59.79 respectively. SELL JPY-INR BELOW 59.07 TGTS 58.94, 58.79 SL 59.32. BUY JPY-INR ABOVE 59.51 TGTS 59.64, 59.79 SL 59.26.

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TODAY'S ECONOMIC EVENTS 21st APRIL-2014

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