mcx sx currency futures analysis for 22 November 2013

mcx sx currency futures analysis for 22 November 2013

mcx-sx usd inr Technical forecasts

usdinr November expiry future last closed at 63.03 with loss of 42 paise.in intraday mcx sx dollar rupee made high at 63.07 while low was at 62.67.total 40 paise intraday range and closed with gains.here expect rbi step in and expect correction ahead.below 63.1 expect downside upto 62.5 and below.

mcx-sx eur inr Technical forecasts

eurinr November future last closed at 84.64 with loss of 8 paise.in intraday mcx sx euro rupee future made high at 84.75 while low was at 84.27.total 48 paise intraday range and closed with loss as euro slips.here below 85 expect some correction ahead.

mcx-sx gbp inr Technical forecasts

gbpinr November expiry future last closed at 101.57 with loss of 48 paise.in intraday mcx sx pound rupee future made high at 101.58 while low was at 101.05.total 54 paise intraday range and closed with gains.here expect higher levels upto 103-104 on downside 100 is strong support zone.

mcx-sx jpy inr Technical forecasts

jpyinr November expiry future last closed at 62.49 with loss of 20 paise.in intraday mcx sx yen rupee future made high at 62.79 while low was at 62.33.total 46 paise intraday range and closed with loss as yen continues to tumble down.here above 62 keep long view.

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