currency forecast for 2 april 2013

currency forecast for 2 april 2013

mcx-sx usd inr future tips

usdinr april expiry future last closed at 54.64 with loss.in intraday dollar rupee future made high at 54.81 while low was 54.61.total 20 paise intraday movement and correction.on chart above 54.55 hold long view and expect 54.9 to 55.05 as intraday target levels.dollar still strong and showing resilience to selling.

mcx-sx eur inr future tips

eurinr april expiry future last closed at 70 with loss of 42 paise.in intraday euro rupee future made high at 71 while low was 69.81 total 1.19 rupee intraday movement and very weak euro.here below 70.1 hold sell on rise view and expect 69.5 to 69.3 as intraday target levels.

mcx-sx gbp inr future tips

gbpinr april expiry future last closed at 82.72 with loss of 20 paise.in intraday pound rupee future made high at 82.92 while low was 82.62.total 30 paise intraday movement and recovering pound.here above 82.5 hold long view and expect 83.3 to 83.55 as upside intraday target levels.

mcx-sx jpy inr future tips

jpyinr april expiry future last closed at 57.99 with gains of 2 paise.in intraday yen rupee future made high at 58.4 while low was 57.98.total 42 paise intraday movement and recovering yen on chart.for tomorrow above 58.2 hold long view and expect 58.55 to 58.9.

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Pramod Baviskar

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