currency forecast for 30 aug 2013

currency forecast for 30 aug 2013

 

mcx-sx usd inr forecasts

usdinr sep expiry future last closed at 67.14 with loss of 1.76 rupees.in intraday mcxsx dollar rupee future made high near 69.15 while low was near 66.98.total 2.17 rupee intraday range and sharp profit booking on rbi action.here downside correction expect to continue and may show 66-65 levels in next 1-2 sessions.

mcx-sx eur inr forecasts

eurinr sep expiry future last closed at 89.05 with loss of 3.09 rupees.in intraday mcxsx euro rupee future made high near 91.07 while low was near 88.65.total almost 2.5 rupee downside rally on profit booking and rupee bounced back.here may show 88-86 in next 1-2 trading sessions and 90 remain a supply point.

mcx-sx gbp inr forecasts

gbpinr sep expiry future last closed at 104.22 with loss of 2.36 rupees.in intraday mcxsx pound rupee future made high near 107.25 while low was near 103.8.total 3rupee+ downside rally and closed with loss on stronger rupee.here below 105 downside targets are 102-100.

mcx-sx jpy inr forecasts

jpyinr sep expiry future last closed at 68.38 with loss of 2.36 rupees.in intraday mcxsx yen rupee future made high near 69.88 while low was near 68.21.total 1.6 rupee intraday downside rally and closed with loss.here below 70 expect 65-63 as downside targets for now!!

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Pramod Baviskar

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