currency forecast for 7 jun 2013
mcx-sx usd inr forecasts
usdinr jun expiry future last closed at 57.05 with gains of 8 paise.in intraday mcxsx dollar rupee future made high at 57.19 while low was 56.98.total 21 paise narrow range and still strong dollar.here below 57.2 hope for some correction and for that go short with stoploss.
mcx-sx eur inr forecasts
eurinr jun expiry future last closed at 74.77 with gains of 42 paise.in intraday mcxsx euro rupee future made high at 74.88 while low was 74.48.total 40 paise intraday movement and strong euro as expected.look like we may see 76 in very short terms.for tomorrow buy near support 74.5 with stoploss and expect 74.9 to 75 levels as intraday targets on upside.
mcx-sx gbp inr forecasts
gbpinr jun expiry future last closed at 88.04 with gains of 63 paise.in intraday mcxsx pound rupee future made high at 88.18 while low was 87.69.total 49 paise intraday movement and pound near all time high and target of 89.for tomorrow buy near support 87.7 with stoploss and expect 88.5+ levels as targets in intraday.
mcx-sx jpy inr forecasts
jpyinr jun expiry future last closed at 57.6 with gains of 42 paise.in intraday mcxsx yen rupee future made high at 57.73 while low was 57.3.total 43 paise intraday movement and strong yen as expected.here buy near support 57.25 with stoploss and expect 57.8+ as targets on upside.