Currency forecast for 4 February 2014

Currency forecast for 4 February 2014

MCX-SX Currency future premarket report

USDINR February expiry future last closed at 62.86 with 22 paisa loss. Today in Intraday MCX-SX Dollar-rupee future hit high at 63.16 while low was 62.86. Total 30-paisa intraday range and closed with loss. For tomorrow, US dollar future is buy with 62.6 as stop loss and 63.5 as target.

 

EURINR February future last closed at 84.93 with loss of 44 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.22 while low was 84.86. Total almost 36-paisa intraday range and closed with loss. For tomorrow, euro future is buy with Stop loss will be 84.5 and target will be 85.5.

 

GBPINR February expiry future last closed at 102.71 with loss of 99 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.7 while low was at 102.69. Total 100-paisa intraday range and closed with loss. For tomorrow pound future is buy with Stop loss will be 102 and for target 103.5.

 

JPYINR February expiry future last closed at 61.78 with 15 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 62.25 while low was at 61.48. Total 77-paisa intraday range and closed with gain. For tomorrow yen, future is buy with strict Stop loss of 61.4 for target 62.2.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.

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