Currency forecast for 13 March 2014

MCX-SX Currency forecast, rupee predictions, INR outlook, forex levels and FX technical analysis for 13 March 2014.

Currency forecast for 13 March 2014

USDINR March expiry future last closed at 61.49 with 33 paisa gain. Today in Intraday MCX-SX Dollar-rupee future hit high at 61.5 while low was 61.22. Total 28-paisa intraday range and closed with gain. For tomorrow, above 61.2 keep long view for USDINR future.

 

EURINR March future last closed at 85.3 with gain of 65 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.3 while low was 84.81. Total almost 49-paisa intraday range and closed with gain. For tomorrow, euro future above 85 remains buy.

 

GBPINR March expiry future last closed at 102.03 with gain of 41 paisa. In intraday MCX-SX Pound-rupee, future hit high at 102.21 while low was at 101.78. Total 43-paisa intraday range and closed with gain. For tomorrow pound, future is buy for target 103.

 

JPYINR March expiry future last closed at 59.89 with 59 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 59.89 while low was at 59.49. Total 50-paisa intraday range and closed with gain. For tomorrow yen, future may has support at 59.35.

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Pramod Baviskar

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