Daily forex report 23 sept 2013

Page 1

INDIAN FOREX REPORT INDEX WATCH: 1. RBI Reference Rate (USD/ GBP/ EURO/ YEN) 2. EURINR Chart, Levels and Charts Justification. 3. Technical outlook of EURINR. 4. Near Team Outlook for Euro.

EPIC Research Report This Report contains all the study and strategy required by trader to trade on INDIAN FOREX MARKET (NSE-FX AND MCX-SX). Refer to the chart attracted in the Report to take proper Trading Decision. Research Analyst: Nilesh Jain


INDIAN FOREX DAILY NEWSLETTER

FOREX TECHICAL REPORT……!!!! 23- SEPTEMBER-2013, MONDAY

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INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES Trade Date

1 USD

1 GBP

1 EURO

100 YEN

20-Sep-2013

62.2430

99.8969

84.2295

62.6700

19-Sep-2013

61.7480

99.5625

83.5460

62.7400

18-Sep-2013

63.1440

100.4810

84.3675

63.6500

17-Sep-2013

63.3770

100.8582

84.5980

63.9300

16-Sep-2013

62.4840

99.6620

83.4960

63.2300

13-Sep-2013

63.7890

100.7037

84.6675

63.8800

12-Sep-2013

63.6673

100.7089

84.7230

64.1000

11-Sep-2013

63.9035

100.4691

84.6510

63.6800

10-Sep-2013

64.2162

100.8259

85.2073

64.2800

06-Sep-2013

65.9600

102.9108

86.5828

66.0900

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INDIAN FOREX DAILY NEWSLETTER

EUR/INR DAILY TECHNICAL LEVELS EUR/INR DAILY CANDLESTICK CHART

S2 – 83.3283

S1 – 83.9167

PIVOT – 84.3883

R1 – 84.9767

R2 – 85.4483

TECHNICAL OUTLOOK: EUR/INR (NSE/MCX-SX) has closed @84.5050. If EUR/INR sustains above the level of 84.85 then it can touch the level of @85.15 and @85.54 respectively.

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INDIAN FOREX DAILY NEWSLETTER

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