FOREX TECHNICAL REPORT……!!!! 12- FEBRUARY-2014, WEDNESDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
11-Feb-2014
62.4390
102.4811
85.2813
61.0100
10-Feb-2014
62.1930
102.1396
84.7418
60.7400
07-Feb-2014
62.3155
101.7768
84.6830
61.0100
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
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INDIAN FOREX DAILY NEWSLETTER
JPY/INR DAILY TECHNICAL LEVELS JPY/INR DAILY CANDLESTICK CHART
S2 – 60.4350
S1 – 60.6950
PIVOT – 61.1725
R1 – 61.4325
R2 – 61.9100
TECHNICAL OUTLOOK: JPY/INR (NSE/MCX-SX) has closed @ 60.9550. If JPY/INR breaks the level of @ 60.83 then it can touch the level of @ 60.70 and @ 60.57 respectively.
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INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR YEN:
JPY / INR Feb. futures contract (NSE)
Sell
below
View : Bearish on JPY
60.83
Market Lot : JPY 1000
Target : 60.70 / 60.57
Stop Loss : 61.12
Support: S1/ S2 : 60.6950 / 60.4350
Resistance : R1/R2 : 61.4325 / 61.9100
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