FOREX TECHICAL REPORT!!!!

29- OCTOBER-2013, TUESDAY

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RBI DAILY REFRENCE RATES

Trade Date 28-Oct-2013 25-Oct-2013 24-Oct-2013 23-Oct-2013 22-Oct-2013 21-Oct-2013 18-Oct-2013 17-Oct-2013 15-Oct-2013 14-Oct-2013 1 USD 61.5030 61.6250 61.4105 61.5340 61.7800 61.4885 61.2760 61.5810 61.6929 61.3036 1 GBP 99.4934 99.9373 99.5280 99.7466 99.6573 99.4085 99.0281 98.5111 98.5914 97.9877 1 EURO 84.8825 85.1350 84.8150 84.7495 84.4855 84.1215 83.8010 83.4935 83.6735 83.1487 100 YEN 63.0100 63.4800 62.9900 63.1800 62.8600 62.6600 62.5200 62.5100 62.6600 62.4000

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JPY/INR DAILY TECHNICAL LEVELS

JPY/INR DAILY CANDLESTICK CHART

S2 63.0733

S1 63.2267

PIVOT 63.4433

R1 63.5967

R2 63.8133

TECHNICAL OUTLOOK:
JPY/INR (NSE/MCX-SX) has closed @63.3800. If JPY/INR breaks the level of @63.20 then it can touch the level of @63.05 and @62.82 respectively.

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NEAR TERM OUTLOOK FOR YEN:

JPY / INR Nov futures contract (NSE)

View : Bearish on JPY

Sell below 63.20

Market Lot : JPY 1000

Target : 63.05 / 62.82

Stop Loss : 63.85

Support: S1/ S2 : 63.2267 / 63.0733

Resistance : R1/R2: 63.5967 / 63.8133

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