currency forecast for 17 sep 2013

currency forecast for 17 sep 2013

mcx-sx usd inr forecasts

usdinr sep expiry future today closed at 63.12 with loss of 64 paise.in intraday mcx sx dollar rupee future made high near 63.75 while low was 62.66.total 1 rupee+ intraday range and closed with loss.here rupee continue to gains but near major support so above 62.5 keep very short term buying view for target 64+.

mcx-sx eur inr forecasts

eurinr sep future today closed at 84.27 with loss of 36 paise.in intraday mcx sx euro rupee future made high near 84.59 while low was near 83.63.total almost 1 rupee intraday range and closed in red.here also above 83 expect some short covering rally upto 85.5+ so buy on dips.

mcx-sx gbp inr forecasts

gbpinr sep expiry future today closed at 100.56 with loss of 11 paise.in intraday mcx sx pound rupee future made high near 100.68 while low was near 99.87.total 80 paise intraday range and closed in flat red.here above 100 keep long view for target 101.5-102 in intraday.

mcx-sx jpy inr forecasts

jpyinr sep expiry future today closed at 63.8 with loss of 10 paise.in intraday mcx sx yen rupee future made high near 64.08 while low was near 62.9.total 1.2 rupee intraday range and closed in red.here also expect sharp upside rally upto 65-65.5+ with stoploss below 63.

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Pramod Baviskar

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