currency futures analysis 5 sep 2014

currency futures analysis 5 sep 2014

USD INR Sep expiry future last closed at 60.64 with 14 paisa loss. In Intraday MCX-SX Dollar-rupee future hit high at 60.81 while low was 60.64. Total 17-paisa intraday range and closed with loss. For tomorrow, may show downside up to 60.4.

EUR INR Sep future last closed at 79.61 with loss of 33 paisa. In Intraday MCX-SX Euro-rupee future hit high at 79.92 while low was 79.60. Total almost 32-paisa intraday range and closed with loss. For intraday expect downside up to 79 rupees.

GBP INR Sep expiry future last closed at 99.7 with loss of 30 paisa. In intraday MCX-SX Pound-rupee, future hit high at 100.05 while low was at 99.69. Total 36-paisa intraday range and closed with loss. Expect downside up to 98 rupee on fresh selling.

JPY INR Sep expiry future last closed at 57.78 with 9 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 58.04 while low was at 57.76. Total 28-paisa intraday range and closed with loss. For intraday watch 57.7 rupee support level.

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