Weekly forex report 07 april 2014 by epic research

Page 1

INDIAN FOREX WEEKLY REPORT 07th APRIL-2014 TO 12th APRIL-2014

Our Presence

Epic Research India

HNI & NRI Sales Contact USA

Toll Free Number

411 Milinda Manor (Suites 409-425)

2117 Arbor Vista Dr. Charlotte (NC)

1-800-200-9454

2 RNT Marg. Opp Central Mall

Cell: +1 704 249 2315

All queries should be directed to

Indore (M.P.)

Info@epicresearch.co

Hotline: +91 731 6642300

HNI & NRI Sales Contact Australia

Or give us a missed call at

Mintara Road, Tarneit, Victoria, Post Code 3029

026 5309 0639

Phone: +61 422 063855

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


WEEKLY MARKET OUTLOOK 07th APRIL-2014 TO 12th APRIL-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

USD-INR

APR-2014

60.1800

60.7050

59.9450

60.4425

0.49%

EUR-INR

APR-2014

82.9925

83.3675

82.6300

82.8200

-0.29%

GBP-INR

APR-2014

100.1000

100.6600

99.7000

100.1850

0.83%

JPY-INR

APR-2014

57.8025

58.4750

57.7500

58.1825

-1.02%

WEEKLY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

59.6042

60.0233

60.3642

60.7833

61.1242

EUR-INR

82.2017

82.5108

82.9393

83.2483

83.6767

GBP-INR

99.2217

99.7033

100.1817

100.6633

101.1417

JPY-INR

57.4108

57.7967

58.1358

58.5217

58.8608

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


WEEKLY MARKET OUTLOOK 07th APRIL-2014 TO 12th APRIL-2014

CURRENCY MARKET OVERVIEW CURRENCY

LAST PRICE

CHANGE

% CHANGE

DOLLAR INDEX

80.56

0.2100

0.26%

USD-INR (SPOT)

60.3210

0.2212

0.37%

USD-INR (APR-2014)

60.4425

0.2975

0.49%

EUR-USD (SPOT)

1.3703

-0.0049

-0.36%

EUR-INR (SPOT)

82.6545

0.0780

0.09%

EUR-INR (APR-2014)

82.8200

-0.2450

-0.29%

GBP-USD (SPOT)

1.6575

-0.0065

-0.39%

GBP-INR (SPOT)

100.0363

0.1865

0.19%

GBP-INR (APR-2014)

100.1850

0.8225

0.83%

USD-JPY (SPOT)

103.2700

0.4400

0.43%

JPY-INR (SPOT)

58.1000

-0.7300

-1.24%

JPY-INR (APR-2014)

58.1825

-0.5975

-1.02%

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC WEEKLY TOP PICKS 07th APRIL-2014 TO 12th APRIL-2014

USD-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : USD-INR has closed @ 60.4400. If it breaks the level of 60.37, it can touch the level of 60.17 & 59.97 respectively. If it sustain above the level of 60.91, it can touch the level of 61.11 & 61.31 respectively. SELL USD-INR BELOW 60.37 TGTS 60.17, 59.97 SL 60.72. BUY USD-INR ABOVE 60.91 TGTS 61.11, 61.31 SL 60.56.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC WEEKLY TOP PICKS 07th APRIL-2014 TO 12th 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 82.53 & 82.31 respectively. If it sustain above the level of 83.36, it can touch the level of 83.56 & 83.78 respectively. SELL EUR-INR BELOW 82.73 TGTS 82.53, 82.31 SL 83.08. BUY EUR-INR ABOVE 83.36 TGTS 83.56, 83.78 SL 83.01.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC WEEKLY TOP PICKS 07th APRIL-2014 TO 12th APRIL-2014

GBP-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : GBP-INR has closed @ 100.1850. If it breaks the level of 100.05, it can touch the level of 99.85 & 99.63 respectively. If it sustain above the level of 100.78, it can touch the level of 100.98 & 101.20 respectively. SELL GBP-INR BELOW 100.05 TGTS 99.85, 99.63 SL 100.40. BUY GBP-INR ABOVE 100.78 TGTS 100.98, 101.20 SL 100.43.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC WEEKLY TOP PICKS 07th APRIL-2014 TO 12th APRIL-2014

JPY-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : JPY-INR has closed @ 58.1900. If it breaks the level of 58.13, it can touch the level of 57.93 & 57.73 respectively. If it sustain above the level of 58.63, it can touch the level of 58.83 & 59.03 respectively. SELL JPY-INR BELOW 58.13 TGTS 57.93, 57.73 SL 58.48. BUY JPY-INR ABOVE 58.63 TGTS 58.83, 59.03 SL 58.28.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


DISCLAIMER

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Research Analyst : Nilesh Jain YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.