Weekly forex report 24 march 2014 by epic research

Page 1

INDIAN FOREX WEEKLY REPORT 24th MARCH-2014 TO 29th MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


WEEKLY MARKET OUTLOOK 24th MARCH-2014 TO 29th MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

USD-INR

MAR-2014

61.2300

61.4850

61.0025

61.0650

-0.40%

EUR-INR

MAR-2014

85.2000

85.3125

84.1250

84.2200

-1.06%

GBP-INR

MAR-2014

101.8275

101.9025

100.6725

100.7900

-0.97%

JPY-INR

MAR-2014

60.2100

60.5675

59.6600

59.7375

-1.15%

WEEKLY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

60.7017

60.8833

61.1842

61.3658

61.6667

EUR-INR

83.3650

83.7925

84.5525

84.9800

85.7400

GBP-INR

99.8917

100.3408

101.1217

101.5708

102.3517

JPY-INR

59.0808

59.4092

59.9883

60.3167

60.8958

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


WEEKLY MARKET OUTLOOK 24th MARCH-2014 TO 29th MARCH-2014

CURRENCY MARKET OVERVIEW CURRENCY

LAST PRICE

CHANGE

% CHANGE

DOLLAR INDEX

80.28

0.7500

0.94%

USD-INR (SPOT)

61.0465

-0.4705

-0.76%

USD-INR (MAR-2014)

61.0650

-0.2425

-0.40%

EUR-USD (SPOT)

1.3794

-0.0120

-0.86%

EUR-INR (SPOT)

84.1755

-1.0510

-1.23%

EUR-INR (MAR-2014)

84.2200

-0.9000

-1.06%

GBP-USD (SPOT)

1.6488

-0.0158

-0.95%

GBP-INR (SPOT)

100.8061

-1.4105

-1.38%

GBP-INR (MAR-2014)

100.7900

-0.9900

-0.97%

USD-JPY (SPOT)

102.2500

0.9000

0.89%

JPY-INR (SPOT)

59.6400

-0.9300

-1.54%

JPY-INR (MAR-2014)

59.7375

-0.6975

-1.15%

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC WEEKLY TOP PICKS 24th MARCH-2014 TO 29th 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 60.74 & 60.52 respectively. If it sustain above the level of 61.57, it can touch the level of 61.79 & 62.01 respectively. SELL USD-INR BELOW 60.95 TGTS 60.74, 60.52 SL 61.30. BUY USD-INR ABOVE 61.57 TGTS 61.79, 62.01 SL 61.22.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC WEEKLY TOP PICKS 24th MARCH-2014 TO 29th MARCH-2014

EUR-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : EUR-INR has closed @ 84.2200. If it breaks the level of 84.16, it can touch the level of 83.94 & 83.70 respectively. If it sustain above the level of 84.65, it can touch the level of 84.87 & 85.11 respectively. SELL EUR-INR BELOW 84.16 TGTS 83.94, 83.70 SL 84.54. BUY EUR-INR ABOVE 84.65 TGTS 84.87, 85.11 SL 84.27.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC WEEKLY TOP PICKS 24th MARCH-2014 TO 29th MARCH-2014

GBP-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : GBP-INR has closed @ 100.7850. If it breaks the level of 100.71, it can touch the level of 100.49 & 100.25 respectively. If it sustain above the level of 101.18, it can touch the level of 101.40 & 101.64 respectively. SELL GBP-INR BELOW 100.71 TGTS 100.49, 100.25 SL 101.09. BUY GBP-INR ABOVE 101.18 TGTS 101.40, 101.64 SL 100.80.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC WEEKLY TOP PICKS 24th MARCH-2014 TO 29th MARCH-2014

JPY-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : JPY-INR has closed @ 59.7250. If it breaks the level of 59.64, it can touch the level of 59.42 & 59.19 respectively. If it sustain above the level of 60.16, it can touch the level of 60.38 & 60.61 respectively. SELL JPY-INR BELOW 59.64 TGTS 59.42, 59.19 SL 59.99. BUY JPY-INR ABOVE 60.16 TGTS 60.38, 60.61 SL 59.81.

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.