DAILY-FOREX-REPORT BY EPIC RESEARCH 26 MARCH 2013

S

DAILY FOREX REPORT 26TH MARCH 2013

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 HEADLINES Rupee pulls back from one-week high The rupee pulled back from one-week high hit earlier in the session on growing concerns other key allies of the government would withdraw support from the ruling coalition after the withdrawal of the Dravida Munnetra Kazhagam (DMK) party last week. The rupee was last trading at 54.170/175, compared with the day's high of 54.06, which had marked the lowest since March 19. The rupee closed at 54.33/34 on Friday. Hopes of more capital inflows following easing of foreign investor rules in debt,

 TRADING TIPS  SELL USD/INR ABOVE 54.60 FOR TGT 54.45/54.30 SL 54.80 PAST PERFORMANCE  SELL USD/INR ABOVE 54.34 FOR TGT 54.19/54.04 SL 54.54 UN EXECUTED www.epicresearch.co

and positive global sentiment after Cyprus clinched a lastditch deal aided the rupee in early trades. The euro rose on Monday after Cyprus clinched a deal with international lenders for a 10-billion-euro bailout aimed at saving the country from financial meltdown.

REFERENCE RATE As on 25TH March 2013 UNDERLYING

RATE

USDINR

54.0990

EURINR

70.4938

GBPINR

82.4658

JPYINR

57.1400

+919752199966

DAILY MARKET STATISTICS PRODUCT NAME

EXP DATE

Symbol

Series/Expiry

CHANA

7/19/2012

EURINR

OPEN

HIGH

LOW

Unit

Open

4556

27-Mar-2013

4573

1 EUR

4525

70.2125

High 4560

70.4725

Low 4532

70.1125

7/19/2012

5060

5060

GUR

7/19/2012

1188

1188

JEERA

7/19/2012

14955

14960

GBPINR

27-Mar-2013

KAPAS

7/19/2012

1049

1041

GBPINR PEPPER

26-Apr-2013 42300 1 GBP 4255583.1200 7/19/2012 42250 83.2900 42390

83.0100 42435

26-Apr-2013

1 EUR

1 GBP 1044

1053

7/19/2012

780.5

783.6

SOY BEAN

7/19/2012

4309

4330

JPYINR TURMERIC

27-Mar-2013

26-Apr-2013 7/19/2012

100 JPY

100 JPY

1035

777.4

57.2625

4265.5

57.8425 4676

4518

1183.5

70.9750

15052.5

82.7900

782.85

57.7825

4303

58.2425

5018 1178

70.6050 14800

82.4600

781.3

57.2175 4315

57.6650

CHG

Close -28

70.4200

PERCENTAGE CHANGE

Prev. Close -0.61

70.2075

-102

-1.99

-5.5

-0.46

-252.5

-1.68

70.9100

82.6275 -8

70.6925

82.5975 -0.76

83.1275 45

83.1400 0.11

-1.55

-0.2

12

0.28

57.3850

57.8650 -124

57.0700

57.5000

4664

4540

WHEAT USDINR

7/19/2012 27-Mar-2013 12511USD 1282 54.3625 1251 54.4625 1246

54.3025 1282

54.3550 36

2.89 54.3300

USDINR

26-Apr-2013

1 USD

54.7675

54.8775

54.7250

54.7675

54.7450

USDINR

29-May-2013

1 USD

54.8150

55.2100

54.2000

55.1050

55.0975

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4600

14650

82.5550

REF SOYA

JPYINR

1178

70.6825

5120

LTP

CHILLI

EURINR

5018

CLOSE

-2.66

+919752199966

DAILY USD/INR CHART

ANALYSIS OPEN: 54.6200 HIGH: 54.6475 LOW: 54.4800 CLOSE: 54.6000

 USD/INR LOOKS DOWNUPWARDS  TREND: BEARISH

 STRATEGY: SELL ON RISE

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DAILY EUR/INR CHART

ANALYSIS OPEN: 70.9225 LOW: 71.2675 HIGH: 70.9225 CLOSE: 70.9225

 EUR/INR LOOKS DOWNEARDS  TREND: BEARISH  STRATEGY: SELL ON RISE

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FOREX FORTHCOMING DATA TIME

CURRENCY

DATA

10:15am

AUD

6:00pm

ACTUAL

FORECAST

PREVIOUS

RBA Gov Stevens Speaks

33.6K

32.3K

USD

Core Durable Goods Orders m/m

0.7%

2.3%

7:30pm

USD

CB Consumer Confidence

69.3

69.6

7:30pm

USD

New Home Sales

426K

437K

8:30pm

USD

IBD/TIPP Economic Optimism

46.3

47.3

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