Currency forecast 25 March 2014

MCX-SX Currency forecast, rupee predictions, INR outlook, forex levels and FX technical analysis for 25 March 2014.

Currency forecast 25 March 2014

USDINR March expiry future last closed at 60.78 with 29 paisa loss. Today in Intraday MCX-SX Dollar-rupee future hit high at 60.98 while low was 60.68. Total 30-paisa intraday range and closed with loss. For tomorrow, US dollar has support at 60.5 and resistance at 61.

 

EURINR March future last closed at 83.65 with loss of 57 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 84.03 while low was 83.54. Total almost 47-paisa intraday range and closed with loss. For tomorrow, euro future support is 83.4 and resistance at 84.

 

GBPINR March expiry future last closed at 100.25 with loss of 54 paisa. In intraday MCX-SX Pound-rupee, future hit high at 100.48 while low was at 100.04. Total 44-paisa intraday range and closed with loss. For tomorrow pound, future is has major support zone at 99.8-100.

 

JPYINR March expiry future last closed at 59.38 with 35 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 59.51 while low was at 59.03. Total 48-paisa intraday range and closed with loss. For tomorrow yen, future may support is 59 rupee.

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Pramod Baviskar

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