Currency predictions 5 February 2014

Currency predictions 5 February 2014

MCX-SX Rupee future forecast 5 February 2014

USDINR February expiry future last closed at 62.89 with 5 paisa loss. Today in Intraday MCX-SX Dollar-rupee future hit high at 63.17 while low was 62.76. Total 41-paisa intraday range and closed with loss. For tomorrow, US dollar future is buy with 62.5 as stop loss and 63.3 as target.

 

EURINR February future last closed at 84.98 with loss of 5 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.3 while low was 84.78. Total almost 52-paisa intraday range and closed with loss. For tomorrow, euro future is buy with Stop loss will be 84.5 and target will be 85.5.

 

GBPINR February expiry future last closed at 102.7 with loss of 7 paisa. In intraday MCX-SX Pound-rupee, future hit high at 102.91 while low was at 102.25. Total 65-paisa intraday range and closed with loss. For tomorrow pound future is buy with Stop loss will be 102 and for target 103.5.

 

JPYINR February expiry future last closed at 62.03 with 19 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 62.52 while low was at 61.86. Total 66-paisa intraday range and closed with gain. For tomorrow yen, future is sell with strict Stop loss of 62.5 for target 61.5.

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