FOREX TECHNICAL REPORT……!!!! 29- JANUARY-2014, WEDNESDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
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
23-Jan-2014
61.9880
102.6707
83.9765
59.4200
22-Jan-2014
61.9200
101.9760
83.9267
59.3000
21-Jan-2014
61.5355
101.0844
83.3750
58.8700
20-Jan-2014
61.6345
101.2532
83.4245
59.1900
17-Jan-2014
61.3510
100.2120
85.5223
58.7800
16-Jan-2014
61.5325
100.7349
83.8395
58.7700
15-Jan-2014
61.5885
101.0914
83.9915
58.9900
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INDIAN FOREX DAILY NEWSLETTER
EUR/INR DAILY TECHNICAL LEVELS EUR/INR DAILY CANDLESTICK CHART
S2 – 84.5617
S1 – 84.9683
PIVOT – 85.7342
R1 – 86.1408
R2 – 86.9067
TECHNICAL OUTLOOK: EUR/INR (NSE/MCX-SX) has closed @ 85.3750. If EUR/INR breaks the level of @ 85.25 then it can touch the level of @ 85.12 and @ 84.98 respectively.
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INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR EURO:
EUR / INR Jan. futures contract (NSE)
Sell
below
View : Bearish on EUR
85.25
Market Lot : EUR 1000
Target : 85.12 / 84.98
Stop Loss : 85.55
Support: S1/ S2 : 84.9683 / 84.5617
Resistance : R1/R2 : 86.1408 / 86.9067
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