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DAILY FOREX REPORT 8 th OCTOBER 2012 WWW.EPICRESEARCH.CO +919752199966

Daily forex-report by epic research 08 dec 2012

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Page 1: Daily forex-report by epic research 08 dec 2012

DAILY FOREX REPORT 8th OCTOBER 2012

WWW.EPICRESEARCH.CO +919752199966

Page 2: Daily forex-report by epic research 08 dec 2012

www.epicresearch.co +919752199966

HEADLINES

Rupee continues to rule firm against dollar, up

24 paise

The rupee erased some of the early gains in late

morning trade, but was still up by 24 paise at 51.50 a

dollar on persistent selling of the American currency by

banks and exporters amid strong capital inflows after

the government unleashed second phase of reforms

yesterday

Euro steady near 2-week high, yen firms on

BOJ

The euro eased but still held near a two-week high versus

the dollar on Friday, finding support after the European

Central Bank said the previous day that it was ready to buy

bonds of troubled euro zone members.

RBI REFERENCE RATE

As on 5th October 2012

UNDERLYING RATE

USDINR 51.6185

EURINR 67.1735

GBPINR 83.5704

JPYINR 65.8300

TRADING TIPS

Buy USD/INR

above 52.17 for

targets of

52.32/51.47

Stop loss 52.02

PAST

PERFORMANCE

Sell USD/INR

below 51.90 for

targets of

51.75/51.60

Target Acheived

Page 3: Daily forex-report by epic research 08 dec 2012

PRODUCT NAME

EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE CHANGE

CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61

CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99

GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46

JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68

KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76

PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11

REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2

SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28

TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66

WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89

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DAILY MARKET STATISTICS

Symbol Series/Expiry Unit Open High Low Close Prev. Close

EUR-INR 29-Oct-2012 1 EUR 67.2375 67.8500 67.0550 67.7825 67.2525

EUR-INR 27-Nov-2012 1 EUR 68.3000 68.3000 66.8000 67.9725 67.4450

GBP-INR 29-Oct-2012 1 GBP 83.6000 84.4250 83.5000 84.3275 83.7150

GBP-INR 27-Nov-2012 1 GBP 83.7225 84.6000 83.7225 84.5300 83.9025

JPY-INR 29-Oct-2012 100 JPY 65.5000 66.4950 65.5000 66.4000 66.1150

JPY-INR 27-Nov-2012 100 JPY 66.0400 66.6600 66.0400 66.5575 66.2575

USD-INR 29-Oct-2012 1 USD 51.6800 52.1650 51.5500 52.1150 51.9825

USD-INR 27-Nov-2012 1 USD 52.0000 52.3675 51.7800 52.3075 52.1850

USD-INR 27-Dec-2012 1 USD 52.0100 52.5300 51.9675 52.4700 52.3725

Page 4: Daily forex-report by epic research 08 dec 2012

DAILY USD/INR CHART

ANALYSIS

OPEN: 51.6175

HIGH: 52.1650

LOW: 51.5725

CLOSE: 52.1150

USD/INR LOOKS UPWARDS

TREND: BULLISH

STRATEGY: BUY ON DIPS

Page 5: Daily forex-report by epic research 08 dec 2012

DAILY EUR/INR CHART

ANALSIS

OPEN: 67.2300

HIGH: 67.8500

LOW: 67.0550

CLOSE: 67.7825

EUR/INR LOOKS UPWARDS

TREND: BULLISH

STRATEGY: BUY ON DIPS

www.epicresearch.co +919752199966

Page 6: Daily forex-report by epic research 08 dec 2012

FOREX FORTHCOMING DATA

TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS

3:30pm EUR German Industrial Production m/m

-0.4% 1.3%

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