currency forecasts for 23-05-2013
mcx-sx usd inr future tips
usdinr may expiry future last closed at 55.57 with gains of 11 paise.in intraday mcx-sx dollar rupee future made high at 55.73 while low was 55.42.total 41 paise intraday movement and strong dollar.here on chart above 55.42 usdinr future trading strategy remain buy on dips.on upside expect 55.7 to 55.8 as target levels.
mcx-sx eur inr future tips
eurinr may expiry future last closed at 71.82 with gains of 55 paise.in intraday mcx-sx euro rupee future made high at 72.11 while low was 71.4 total 71 paise intraday movement and stronger euro as expected.here support is way down at 71.5 so trading strategy remain buy near support only.
mcx-sx gbp inr future tips
gbpinr may expiry future last closed at 83.88 with loss of 12 paise.in intraday mcx-sx pound rupee future made high at 84.28 while low was 83.76.total 52 paise intraday movement and weaker pound tumbles down.here below 84 hold sell on rise strategy and on downside 83.7 to 83.5 remain as intraday target levels.
mcx-sx jpy inr future tips
jpyinr may expiry future last closed at 54.03 with gains of 1 paise.in intraday mcx-sx yen rupee future made high at 54.29 while low was 54.total 29 paise intraday move and lost all intraday gains.on chart 54 is major support above this hold long view below that sell on rise for intraday basis.