Epic research is one of the leading financial advisory company of India which is providing services regarding Forex market .epic research having best research team which research on fundamental and technical analysis and gives accurate research tips for clients so that they earn a good return of their investment in the Forex market.

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INDIAN FOREX DAILY REPORT
07th
MAY-2014

2. CURRENCY FUTURES SNAPSHOT
CURRENCY CONTRACT OPEN HIGH LOW CLOSE % CHANGE OPEN INT.
USD-INR MAY-2014 60.4000 60.4900 60.1650 60.2750 -0.27% 796954
EUR-INR MAY-2014 83.8475 84.1450 83.7200 84.0075 0.18% 60560
GBP-INR MAY-2014 101.7800 102.3900 101.7800 102.2800 0.37% 36158
JPY-INR MAY-2014 59.2000 59.3125 59.0925 59.2525 -0.09% 9332
INTRADAY SUPPORT & RESISTANCE
CURRENCY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2
USD-INR 59.9850 60.1300 60.3100 60.4550 60.6350
EUR-INR 83.5325 83.7700 83.9575 84.1950 84.3825
GBP-INR 101.5400 101.9100 102.1500 102.5200 102.7600
JPY-INR 58.9992 59.1258 59.2192 59.3458 59.4392
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DAILY MARKET OUTLOOK
07th
MAY-2014

3. TRADE DATE 1 USD 1 GBP 1 EURO 100 YEN
06-May-2014 60.2020 101.6752 83.5532 59.0000
05-May-2014 60.0475 101.3181 83.3423 58.8800
02-May-2014 60.2250 101.6839 83.4590 58.7700
30-Apr-2014 60.3375 101.4515 83.3060 58.9300
29-Apr-2014 60.5253 101.7733 83.9160 59.0100
28-Apr-2014 60.5041 101.6892 83.6210 59.1700
25-Apr-2014 61.1163 102.7059 84.5220 59.7300
23-Apr-2014 61.0683 102.7657 84.4860 59.5100
22-Apr-2014 60.7147 102.0432 83.7695 59.2500
21-Apr-2014 60.3350 101.4050 83.3835 58.8500
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RBI DAILY REFRENCE RATES
07th
MAY-2014

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EPIC DAILY TOP PICKS
07th
MAY-2014
GBP-INR DAILY CANDLESTICK CHART
TRADING STRATEGY :
GBP-INR has closed @ 102.2875. If it sustain above the level of 102.40, it can touch the level of 102.54 & 102.69 respectively. If it breaks the level of
101.90, it can touch the level of 101.76 & 101.61 respectively.
BUY GBP-INR ABOVE 102.40 TGTS 102.54, 102.69 SL 102.19.
SELL GBP-INR BELOW 101.90 TGTS 101.76, 101.61 SL 102.11.

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TODAY'S ECONOMIC EVENTS
07th
MAY-2014

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Research Analyst : Nilesh Jain
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