currency forecasts for 24-05-2013

currency forecasts for 24-05-2013

 

mcx-sx usd inr forecasts

usdinr may expiry future last closed at 55.63 with gains of 2 paise.in intraday mcx-sx dollar rupee future made high at 56.07 while low was 55.57 total 50 paise intraday movement and some recovery in rupee from bottom.here below 55.7 hold short view and on downside 55.45 to 55.3 are intraday target zones.

mcx-sx eur inr forecasts

eurinr may expiry future last closed at 71.67 with loss of 20 paise.in intraday mcx-sx euro rupee future made high 72.02 while low was 71.57.total 45 paise intraday movement and sharp correction in euro.for tomorrow above 71.45 hold long view and expect 71.8 to 72 levels as upside targets for intraday.

mcx-sx gbp inr forecasts

gbpinr may expiry future last closed at 83.85 with loss of 5 paise.in intraday mcx-sx pound rupee future made high at 84.29 while low was 83.78.total 51 paise intraday movement and weaker pound.below 84 hold short view for pound and expect lower targets in intraday.

mcx-sx jpy inr forecasts

jpyinr may expiry future last closed at 54.73 with gains of 67 paise.in intraday mcx-sx yen rupee future made high at 55.37 while low was 54.17 total 1.2 rupee intraday movement and sharp recovery in yen.here above 54.3 hold long view for yen and expect upside target upto 54.9-55 in intraday.

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