currency forecast for 26 jun 2013

currency forecast for 26 jun 2013

mcx-sx usd inr forecasts

usdinr jul expiry future last closed at 60.07 with loss of 2 intraday mcxsx dollar rupee future made high at 60.12 while low was 37 paise intraday range and consolidating near 60 rbi remain active in market so expect correction and as equity market showing rebound we may see correction in dollar.below 60.3 hold selling view for target 59.7 to 59.5 on downside.

mcx-sx eur inr forecasts

eurinr jul expiry future last closed at 78.83 with gains of 15 intraday mcxsx euro rupee future made high at 78.85 while low was near 49 paise intraday range and euro continues to stay long above 78.4 for targets of 79.5 to 80.strong euro remain favorable here.

mcx-sx gbp inr forecasts

gbpinr jul expiry future last closed at 92.8 with gains of 68 intraday mcxsx pound rupee future made high at 92.82 while low was near 63 paise intraday range and strong pound.for tomorrow buy near support 92,45 with stoploss and expect 93+ levels as target.

mcx-sx jpy inr forecasts

jpyinr jul expiry future last closed at 61.64 with gains of 37 intraday mcxsx yen rupee future made high near 61.69 while low was near 77 paise intraday range and yen inching towards breakout above 62 we will se sharp bull run in long term so watch for that.

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Pramod Baviskar

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