Daily forex-report by epic research 31 oct 2013

1. FOREX TECHICAL REPORT……!!!!
31- OCTOBER-2013, THURSDAY

2. INDIAN FOREX DAILY NEWSLETTER
RBI DAILY REFRENCE RATES
Trade Date
1 USD
1 GBP
1 EURO
100 YEN
30-Oct-2013
61.4871
98.7052
84.4855
62.6100
29-Oct-2013
61.4630
98.9862
84.7244
63.0100
28-Oct-2013
61.5030
99.4934
84.8825
63.0100
25-Oct-2013
61.6250
99.9373
85.1350
63.4800
24-Oct-2013
61.4105
99.5280
84.8150
62.9900
23-Oct-2013
61.5340
99.7466
84.7495
63.1800
22-Oct-2013
61.7800
99.6573
84.4855
62.8600
21-Oct-2013
61.4885
99.4085
84.1215
62.6600
18-Oct-2013
61.2760
99.0281
83.8010
62.5200
17-Oct-2013
61.5810
98.5111
83.4935
62.5100
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3. INDIAN FOREX DAILY NEWSLETTER
GBP/INR DAILY TECHNICAL LEVELS
GBP/INR DAILY CANDLESTICK CHART
S2 – 98.5808
S1 – 98.8017
PIVOT – 99.0758
R1 – 99.2967
R2 – 99.5708
TECHNICAL OUTLOOK:
GBP/INR (NSE/MCX-SX) has closed @99.0225. If GBP/INR breaks the level of @98.80 then it can touch the level of
@98.68 and @98.39 respectively.
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4. INDIAN FOREX DAILY NEWSLETTER
NEAR TERM OUTLOOK FOR POUND:
GBP / INR Nov futures contract (NSE)
View : Bearish on GBP
Sell below 98.80
Market Lot : GBP 1000
Target : 98.68 / 98.39
Stop Loss : 99.60
Support: S1/ S2 : 98.8017 / 98.5808
Resistance : R1/R2: 99.2967 / 99.5708
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5. INDIAN FOREX DAILY NEWSLETTER
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Research Analyst : Nilesh Jain
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6. INDIAN FOREX DAILY NEWSLETTER
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