FOREX TECHNICAL REPORT……!!!! 20- NOVEMBER-2013, WEDNESDAY
INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES Trade Date
1 USD
1 GBP
1 EURO
100 YEN
19-Nov-2013
62.2311
100.1796
84.0585
62.3200
18-Nov-2013
62.6250
101.0642
84.5550
62.5900
14-Nov-2013
63.0645
101.1492
84.9475
63.3100
13-Nov-2013
63.6545
101.1661
85.5502
63.9400
12-Nov-2013
63.5930
101.5580
85.1515
63.8500
11-Nov-2013
63.2955
101.3614
84.5950
63.9700
08-Nov-2013
62.7315
100.9224
84.0625
63.9400
07-Nov-2013
62.5740
100.6252
84.6225
63.4600
06-Nov-2013
61.9225
99.5961
83.6375
62.8100
05-Nov-2013
61.7880
98.6569
83.4190
62.7400
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INDIAN FOREX DAILY NEWSLETTER
GBP/INR DAILY TECHNICAL LEVELS GBP/INR FOUR HOURLY CANDLESTICK CHART
S2 – 99.5650
S1 – 99.9775
PIVOT – 100.2575
R1 – 100.6700
R2 – 100.9500
TECHNICAL OUTLOOK: GBP/INR (NSE/MCX-SX) has closed @100.3900. If GBP/INR breaks the level of @100.20 then it can touch the level of @100.03 and @99.84 respectively.
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NEAR TERM OUTLOOK FOR POUND:
GBP / INR Nov futures contract (NSE)
View : Bearish on GBP
Sell below 100.20
Market Lot : GBP 1000
Target : 100.03 / 99.84
Stop Loss : 101.00
Support: S1/ S2 : 99.9775 / 99.5650
Resistance : R1/R2 : 100.6700 / 100.9500
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