currency forecasts for 30 may 2013

currency forecasts for 30 may 2013

 

mcx-sx usd inr forecasts

usdinr jun expiry future last closed at 56.47 with gains of 28 paise.in intraday mcx-sx dollar rupee future made high at 56.64 while low was 56.24.total 40 paise intraday movement and stronger dollar rally as expected.for tomorrow above 56.3 hold buy on dips view and expect new high near 56.8 to 56.9 in intraday.

mcx-sx eur inr forecasts

eurinr jun expiry future last closed at 73.07 with gains of 43 paise in intraday,mcx-sx euro rupee future in intraday made high at 73.18 while low was 72.37.total 81 paise intraday movement and comparative stronger euro.for tomorrow 72.7 is support and above it hold long view for target 73.2 and then 73.44 on upside.

mcx-sx gbp inr forecasts

gbpinr jun expiry future last closed at 85.12 with gains of 25 paise.in intraday mcx-sx pound rupee future made high at 85.22 while low was 84.58.total 64 paise intraday movement and strong pound as compared to rupee.for tomorrow above 85 levels expect another big run for targets near 86 levels in intraday.

mcx-sx jpy inr forecasts

jpyinr jun expiry future last closed at 55.78 with gains of 68 paise.in intraday mcx-sx yen rupee future made high at 55.95 while low was 55.09.total 84 paise intraday movement and stronger yen.for tomorrow watch for big breakout here above 56.2 and on upside expect 57-58 levels in shorts term if breakout take place!!

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Pramod Baviskar

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