currency forecast for 28 aug 2013
mcx-sx usd inr forecasts
usdinr sep expiry future last closed at 66.75 with gains of 1.94 rupee.in intraday mcx sx dollar rupee future made high near 66.9 while low was near 65.31.total 1.6 rupee+ intraday rally and closed at new high on weak rupee.here rally will continue as more trapped will come to recover so expect 67.5 to 68 in intraday and now support at 66.
mcx-sx eur inr forecasts
eurinr sep expiry future last closed at 89.18 with gains of 2.37 rupees.in intraday mcx sx euro rupee future made high near 89.19 while low was near 87.42.total 1.7 rupee intraday rally and closed with sharp gains and at new high.here 90 will be next breakout point for target 92-94 on upside.
mcx-sx gbp inr forecasts
gbpinr sep expiry future last closed at 103.74 with gains of 2.74 rupees.in intraday mcx sx pound rupee future made high near 103.74 while low was near 101.2.total 2.5 rupee intraday rally and closed at high.here support is now at 102.5 and expect target of 105+.
mcx-sx jpy inr forecasts
jpyinr sep expiry future last closed at 68.32 with gains of 2.49 rupees.in intraday mcx sx yen rupee future made high near 68.33 while low was near 66.01.total 2.32 rupee intraday rally and achieved target of 68.here above 68 keep positional target at 70-72.