DAILY FOREX REPORT
28th AUGUST 2012
WWW.EPICRESEARCH.CO +919993959693
HEADLINES
Euro climbs but euro zone events may cap
gains
The euro inched up on Monday after an influential
German business survey was not as bad as expected,
although it may struggle to retain gains in coming
weeks, which could be decisive in the long-running
euro zone crisis. The euro may find support against the
dollar before U.S. Federal Reserve Chairman Ben
TRADING TIPS
Bernanke speaks in Jackson Hole, Wyoming on Friday,
but was unlikely to break above a recent seven-week
Sell EUR/INR below
high, analysts said.
69.32 for targets of
Rupee at 1-week low; oil bids offset by
69.20/69.05
exporters
Stop loss 69.50
The rupee fell to a 1-week low in high volumes, with the
rupee-dollar pair at 55.6075/6150 versus Friday's close
of 55.4950/5050. It rose to as much as 55.63 in trade,
the highest since Aug 20.
PAST
RBI REFERENCE RATE
PERFORMANCE
As on 24TH August 2012
Buy USD/INR above
UNDERLYING
RATE
55.35 for targets of
USDINR
55.593
55.50/55.65
EURINR
69.496
Stop loss 55.15
GBPINR
87.87
Target achieved
JPYINR
70.62
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+919993959693
PRODUCT
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE
NAME
CHANGE
DAILY MARKET STATISTICS
CHANA
7/19/2012
4556
4573
4525
4560
4532
-28
-0.61
Prev.
CH
S IyLL
m I bol
7/1
Se 9ri/2
e 0
s/ 1
E 2x piry 5060
Unit
5060 Open 5018 High 5120
5
Low 018 Cl-102
ose
Cl-1
o .
s9
e9
G
E U
U R
R- INR
7/1
299-/2
Au0g1-2
2 012 1188
1 EUR 1188 69.46 1178 69.7 1
451 83.5 69.3 1
1 1
5 78 69. -752.5
2 5
69.-0
3 .94265
JE
E E
U R
RA
-I NR
7/1
269-/2
Se0p1-2
2 012 1495
1 5
EUR 14960 69.6 14650 69.9 1
3250
5 52.5 69.519458 00 6 -
9.295127.5
5
69.-1
6 .06785
KA
G P
B A
P-SI NR
7/1
299-/2
Au0g1-2
2 012 1044
1 GBP 1053 87.782 1
5 035 88.067 150
49 87.6 1
1 0
5 41
88.-8
0 4
87.-0
8 .37765
PE
G P
BPE
P- R
I
NR
7/1
269-/2
Se0p1-2
2 012 4230
1 0
GBP 42555 88.39 4
5 2250 88.394
5 2
390 87.9 4
8 2
2 4
5 35 88.245
77 5
88. 0
0 .1
9 1
2
5
REF
G S
B OYA
P-IN R
7/19
29- /2
O 0
ct 1
- 2
2
012
780.
15 GBP 783.6 88.4 777.4 88. 7
4 82.85 88. 7
4 81.3
-
8 1
8 ..5
4 5
89-.0
0 .2
2
SOY B
JP E
Y- A
I N
N
R
7/1
299-/2
Au0g1-2
2 012
430
1 9
0 0 JPY 4330 70.5 4
3 265.5 70.774
303 70. 4
4 315
70. 12
73 5
70 0
. .
6 2
4 8
5
TURM
JP E
Y- R
I I
NC
R
7/1
269
- /2
Se0
p1
- 2
2 012
460
1 0
0 0 JPY 4676 70.6554
518 70.952 4
5 6
64 70.6 4
5 5
5 40
70-.124
935
70.-2
8 .
3 6
7 6
5
WH
US EA
D- T
I
NR
7/1
299
- /2
Au0
g1
- 2
2 012
1251
1 USD 1282 55.48 1251 55.70 1
5 246 55.4 1
5 2
82
55. 36
68 5
5 2
5. .8
4 9
8
USD-INR
26-Sep-2012
1 USD
55.69
55.9375
55.68
55.9175
55.7075
USD-INR
29-Oct-2012
1 USD
56.0375
56.205
56.025
56.1925
55.99
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DAILY USD/INR CHART
ANALYSIS
OPEN: 55.4800
HIGH: 55.7050
LOW: 55.4500
CLOSE: 55.6850
USD/INR LOOKS UPWARDS
TREND: BULLISH
STRATEGY: BUY ON DIPS
DAILY EUR/INR CHART
ANALSIS
OPEN: 69.4600
HIGH: 69.7400
LOW: 69.3100
CLOSE: 69.7200
EUR/INR LOOKS UPWARDS
TREND: BULLISH
STRATEGY: BUY ON DIPS
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FOREX FORTHCOMING DATA
TIME
CURRENCY
DATA
ACTUAL FORECAST
PREVIOUS
7:30pm
USD
CB Consumer Confidence
65.8
65.9
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