FOREX TECHNICAL REPORT……!!!! 07- FEBRUARY-2014, FRIDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
06-Feb-2014
62.5045
101.9198
84.4994
61.5900
05-Feb-2014
62.4525
102.0099
84.3548
61.5800
04-Feb-2014
62.6815
101.9765
84.7805
62.1200
03-Feb-2014
62.6891
102.9668
84.5780
61.4100
31-Jan-2014
62.4768
102.9493
84.6022
60.9600
30-Jan-2014
62.7335
103.8679
85.6075
61.2200
29-Jan-2014
62.2005
103.1160
84.9640
60.2200
28-Jan-2014
62.9898
104.6135
86.1715
61.3600
27-Jan-2014
62.7145
103.5040
85.8228
61.2100
24-Jan-2014
62.1770
103.3817
85.0894
60.1400
2|Page WWW.EPICRESEARCH.CO CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER
JPY/INR DAILY TECHNICAL LEVELS JPY/INR DAILY CANDLESTICK CHART
S2 – 61.4042
S1 – 61.5633
PIVOT – 61.7192
R1 – 61.8783
R2 – 62.0342
TECHNICAL OUTLOOK: JPY/INR (NSE/MCX-SX) has closed @ 61.7225. If JPY/INR breaks the level of @ 61.55 then it can touch the level of @ 61.42 and @ 61.28 respectively.
3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR YEN:
JPY / INR Feb. futures contract (NSE)
Sell
below
View : Bearish on JPY
61.55
Market Lot : JPY 1000
Target : 61.42 / 61.28
Stop Loss : 61.84
Support: S1/ S2 : 61.5633 / 61.4042
Resistance : R1/R2 : 61.8783 / 62.0342
4|Page WWW.EPICRESEARCH.CO CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER
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
5|Page WWW.EPICRESEARCH.CO CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER
CONTACT US: WWW.EPICRESEARCH.CO
Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 Alternate: +91 731 664 2320 / 2226 +91 97521 99966 Or give us a missed call at 026 5309 0639
6|Page WWW.EPICRESEARCH.CO CALL: +917316642300