Daily forex report 24 march 2014 by epic research

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INDIAN FOREX DAILY REPORT 24th MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

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DAILY MARKET OUTLOOK 24th MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

MAR-2014

61.1925

61.4600

61.0125

61.0400

-0.62%

735551

EUR-INR

MAR-2014

84.3775

84.3825

84.1250

84.1800

-0.41%

47960

GBP-INR

MAR-2014

101.2000

101.2000

100.6725

100.7475

-0.65%

31300

JPY-INR

MAR-2014

59.7925

60.0725

59.6600

59.6900

-0.45%

7689

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

60.7233

60.8817

61.1708

61.3292

61.6183

EUR-INR

83.9717

84.0758

84.2292

84.3333

84.4867

GBP-INR

100.3458

100.5467

100.8733

101.0742

101.4008

JPY-INR

59.3950

59.5425

59.8075

59.9550

60.2200

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RBI DAILY REFRENCE RATES 24th MARCH-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

21-Mar-2014

61.0465

100.8061

84.1755

59.6400

20-Mar-2014

61.1310

101.1718

84.5925

59.7600

19-Mar-2014

61.0970

101.4149

85.0792

60.1800

18-Mar-2014

60.9453

101.3703

84.8917

59.9000

14-Mar-2014

61.5170

102.2166

85.2265

60.5700

13-Mar-2014

61.0155

101.6518

85.0232

59.4600

12-Mar-2014

61.0900

101.5927

84.6545

59.3900

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

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EPIC DAILY TOP PICKS 24th MARCH-2014

USD-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : USD-INR has closed @ 61.0625. If it breaks the level of 60.95, it can touch the level of 60.81 & 60.66 respectively. If it sustain above the level of 61.49, it can touch the level of 61.63 & 61.78 respectively. SELL USD-INR BELOW 60.95 TGTS 60.81, 60.66 SL 61.23. BUY USD-INR ABOVE 61.49 TGTS 61.63, 61.78 SL 61.21.

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TODAY'S ECONOMIC EVENTS 24th MARCH-2014

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