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1. FOREX TECHNICAL REPORT……!!!!
26- DECEMBER-2013, THURSDAY

2. INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
24-Dec-2013
61.8668
101.1027
84.6510
59.3700
23-Dec-2013
61.9915
101.3747
84.8180
59.5800
20-Dec-2013
62.2420
101.8092
84.8774
59.5900
19-Dec-2013
62.3800
102.1535
85.2945
59.9800
18-Dec-2013
61.9176
100.8328
85.2692
60.1600
17-Dec-2013
61.9580
101.1402
85.3345
60.1700
16-Dec-2013
62.1024
101.2704
85.4284
60.4000
13-Dec-2013
62.1266
101.5335
85.4135
59.9000
12-Dec-2013
61.6200
100.8350
84.9820
60.0300
11-Dec-2013
61.3313
100.7919
84.3780
59.7200
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3. INDIAN FOREX DAILY NEWSLETTER
JPY/INR DAILY TECHNICAL LEVELS
JPY/INR DAILY CANDLESTICK CHART
S2 – 59.1717
S1 – 59.2683
PIVOT – 59.3967
R1 – 59.4933
R2 – 59.6217
TECHNICAL OUTLOOK:
JPY/INR (NSE/MCX-SX) has closed @59.3650. If JPY/INR breaks the level of @59.21 then it can touch the level of @59.06
and @58.90 respectively.
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4. INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR YEN:
JPY / INR Dec futures contract (NSE)
View : Bearish on JPY
Sell below 59.21
Market Lot : JPY 1000
Target : 59.06 / 58.90
Stop Loss : 59.62
Support: S1/ S2 : 59.2683 / 59.1717
Resistance : R1/R2 : 59.4933 / 59.6217
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5. INDIAN FOREX DAILY NEWSLETTER
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6. INDIAN FOREX DAILY NEWSLETTER
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