Currency forecast 16 April 2014
USDINR April expiry future last closed at 60.42 with 2 paisa gain. In Intraday MCX-SX Dollar-rupee future hit high at 60.57 while low was 60.36. Total 21-paisa intraday range and closed with gain. For tomorrow, US dollar future support at 60 and resistance at 60.8.
EURINR April future last closed at 83.37with loss of 48 paisa. In Intraday MCX-SX Euro-rupee future hit high at 83.65 while low was 83.26. Total almost 39-paisa intraday range and closed with loss. For tomorrow, euro future support 83 and resistance 83.6.
GBPINR April expiry future last closed at 100.99 with loss of 2 paisa. In intraday MCX-SX Pound-rupee, future hit high at 101.15 while low was at 100.69. Total 46-paisa intraday range and closed with loss. For tomorrow pound, future is support at 100.5 and resistance at 101.5.
JPYINR April expiry future last closed at 59.3 with 26 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 59.5 while low was at 59.21. Total 29-paisa intraday range and closed with loss. For tomorrow yen, future support at 59 and resistance at 59.55.