30 june NSE currency futures forecast

30 june NSE currency futures forecastNSE usd inr future closed at 68 with loss. As expected rupee getting stronger on inflows. For tomorrow, below 68.15 keep sell on rise view for big downside targets. The rupee ended higher against the American currency by 27 paise to 67.68 per dollar on fresh selling green currency by banks and exporters.     Eur inr future closed at 75.38 with loss. Euro also seeing some pressure due to stronger rupee. Below 75.6 remain sell for intraday. With improving global risk sentiment, the EUR/USD pair maintained its bid tone and extended its recovery to trade above 1.1100 handle during early US trading.     Gbp inr future closed at 91.52 with gain. Pound is recovering from lows and for intraday 92.55 and then 93.7 are strong resistances. Recovering from the sharp two-day slump, GBP/USD continued to recover on Wednesday and made an attempt to break the 1.3465-1.3480 area of resistance. European equity markets are trading in the green for a second day on Wednesday, continuing to pare losses following Friday’s dramatic sell-off.   Jpy inr future closed at 66.25 with loss. Yen is coming off from high on continues profit booking as expected. Below 67.1 keep sell on rise view. The U.S. dollar index traded about 0.4 percent lower with the euro near $1.110 and the yen around 102.7 yen versus the greenback.   For currency tips by sms with support and follow ups join us today.

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Pramod Baviskar

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