currency forecasts for 4 sep 2013

currency forecasts for 4 sep 2013

mcx-sx usd inr forecasts

usdinr sep expiry future last closed at 68.63 with gains of 1.97 rupees.in intraday mcx sx dollar rupee future made high near 68.8 while low was near 66.7.total 2.1 rupee intraday rally and closed at high.here we expect trend to continue and for intraday above 68 next targets are 69-69.5 on upside.

mcx-sx eur inr forecasts

eurinr sep expiry future last closed at 90.23 with gains 2.18 rupees.in intraday mcx sx euro rupee future made high near 90.68 while low was near 88.1.total 2.5 rupee intraday rally and euro headed towards previous highs.here above 90 keep intraday target at 91 and above.

mcx-sx gbp inr forecasts

gbpinr sep expiry future last closed at 106.64 with gains of 2.8 rupees.in intraday mcx sx pound rupee future made high near 107.25 while low was near 103.75.total almost 4 rupee intraday rally and pound trending towards 110+.here for tomorrow expect target of 107-108 with stoploss below 105.5.

mcx-sx jpy inr forecasts

jpyinr sep expiry future last closed at 68.9 with gains of 1.74 rupees.today mcx sx yen rupee future made high near 69.21 while low was near 67.18.total 2 rupee intraday rally from lows and closed with gains and yen heading towards 70-71 levels.here for tomorrow above 68 keep long view for target 69.5 and above.

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Pramod Baviskar

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