free currency tips 25 aug 2014
USDINR Aug. expiry future last closed at 60.49 with 24 paisa loss. In Intraday MCX-SX Dollar-rupee future hit high at 60.62 while low was 60.40. Total 22-paisa intraday range and closed with loss. For Monday below 60.75 stay short for downside targets.
EURINR Aug. future last closed at 80.29 with loss of 27 paisa. In Intraday MCX-SX Euro-rupee future hit high at 80.5 while low was 80.27. Total almost 23-paisa intraday range and closed with loss. For intraday stay short with stop loss 80.5.
GBPINR Aug. expiry future last closed at 100.27 with loss of 47 paisa. In intraday MCX-SX Pound-rupee, future hit high at 100.65 while low was at 100.2. Total 45-paisa intraday range and closed with loss. For intraday expect downside target of 99.5.
JPYINR Aug. expiry future last closed at 58.35 with 17 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 58.54 while low was at 58.18. Total 36-paisa intraday range and closed with loss. Yen below 58 rupee may fall up to 56 rupees in longer terms so watch for that.