Daily forex report 29 may 2014

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Epic Research provides ultimate FOREX tips for their clients to produce amazingly accurate results. Our research team prepare such FOREX Tips live charts and track-sheets of the past performance consulting which traders can generate maximum profit.

Transcript of Daily forex report 29 may 2014

Page 1: Daily forex report 29 may 2014

Our Presence

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INDIAN FOREX DAILY REPORT

29th MAY-2014

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CURRENCY FUTURES SNAPSHOT

CURRENCY CONTRACT OPEN HIGH LOW CLOSE % CHANGE OPEN INT.

USD-INR JUNE-2014 59.2450 59.4000 59.0825 59.1625 -0.11% 1118571

EUR-INR JUNE-2014 80.7725 81.0800 80.4825 80.5575 -0.39% 95049

GBP-INR JUNE-2014 99.7300 99.9100 98.9075 99.1500 -0.58% 59583

JPY-INR JUNE-2014 58.1900 58.3850 58.0050 58.0875 -0.15% 11601

INTRADAY SUPPORT & RESISTANCE

CURRENCY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2

USD-INR 58.8975 59.0300 59.2150 59.3475 59.5325

EUR-INR 80.1092 80.3333 80.7067 80.9308 81.3042

GBP-INR 98.3200 98.7350 99.3225 99.7375 100.3250

JPY-INR 57.7792 57.9333 58.1592 58.3133 58.5392

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DAILY MARKET OUTLOOK

29th MAY-2014

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TRADE DATE 1 USD 1 GBP 1 EURO 100 YEN

28-May-2014 59.0770 99.2021 80.5300 57.9800

27-May-2014 59.0585 99.6140 80.6048 57.9700

26-May-2014 58.5873 98.6610 79.8140 57.4800

23-May-2014 58.4830 98.6725 79.8058 57.5700

22-May-2014 58.5740 98.8788 80.0500 57.6200

21-May-2014 58.7725 99.0199 80.5684 58.0900

20-May-2014 58.7455 98.7747 80.5261 57.9300

19-May-2014 58.4260 98.2842 80.1170 57.6700

16-May-2014 58.8610 98.8217 80.7166 57.9700

15-May-2014 59.4745 99.7031 81.5526 58.3400

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RBI DAILY REFRENCE RATES

29th MAY-2014

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EPIC DAILY TOP PICKS

29th MAY-2014

GBP-INR DAILY CANDLESTICK CHART

TRADING STRATEGY :

GBP-INR has closed @ 99.0900. If it breaks the level of 98.94, it can touch the level of 98.79 & 98.64 respectively. If it sustain above the level of 99.58,

it can touch the level of 99.73 & 99.88 respectively.

SELL GBP-INR BELOW 98.94 TGTS 98.79, 98.64 SL 99.15.

BUY GBP-INR ABOVE 99.58 TGTS 99.73, 99.88 SL 99.37.

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TODAY'S ECONOMIC EVENTS

29th MAY-2014

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Research Analyst : Nilesh Jain

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