currency forecast for 14 june 2013
mcx-sx usd inr forecasts
usdinr jun expiry future last closed at 58.1 with gains of 20 paise.in intraday mcxsx dollar rupee made high at 58.66 while low was 58.06.total 60 paise intraday move and still stronger dollar.but look like rbi stepped in and we may see correction in this pair on account of that.for tomorrow sell near resistance 58.4 with stoploss and expect 57.9 and even below levels as targets.
mcx-sx eur inr forecasts
eurinr jun expiry future last closed at 77.39 with gains of 56 paise.in intraday mcxsx euro rupee future made high at 78.32 while low was 77.32.total 1 rupee intraday move and strong euro trending higher.here 78 is major resistance and below that expect 77 and below as target levels.
mcx-sx gbp inr forecasts
gbpinr jun expiry future last closed at 90.91 with gains of 36 paise.in intraday mcxsx pound rupee future made high at 91.92 while low was 90.88 total 1 rupee+ move and strong pound at new highs.here follow buy near support strategy with stoploss and expect 92.5+ as next target level.
mcx-sx jpy inr forecasts
jpyinr jun expiry future last closed at 61.77 with 1.80 rupee gains in intraday.here mcxsx yen rupee jun future made high at 62.34 while low was 60.99.total 1.35 rupee intraday rally and yen bullish breakout on weekly chart.here above 62 long term trend change to yen side and expect 66 as first upside medium term target in next 1-2 weeks.