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
20th
MAY-2014

2. CURRENCY FUTURES SNAPSHOT
CURRENCY CONTRACT OPEN HIGH LOW CLOSE % CHANGE OPEN INT.
USD-INR MAY-2014 58.6700 58.7050 58.4600 58.5950 -0.77% 921410
EUR-INR MAY-2014 80.4850 80.5050 80.1225 80.3700 -0.67% 62433
GBP-INR MAY-2014 98.7575 98.8850 98.3500 98.5500 -0.70% 33019
JPY-INR MAY-2014 57.9600 58.0500 57.6375 57.9750 -0.46% 10097
INTRADAY SUPPORT & RESISTANCE
CURRENCY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2
USD-INR 58.3417 58.4683 58.5867 58.7133 58.8317
EUR-INR 79.9500 80.1600 80.3325 80.5425 80.7150
GBP-INR 98.0600 98.3050 98.5950 98.8400 99.1300
JPY-INR 57.4750 57.7250 57.8875 58.1375 58.3000
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DAILY MARKET OUTLOOK
20th
MAY-2014

3. TRADE DATE 1 USD 1 GBP 1 EURO 100 YEN
16-May-2014 58.8610 98.8217 80.7166 57.9700
15-May-2014 59.4745 99.7031 81.5526 58.3400
13-May-2014 59.8773 100.9831 82.4035 58.5500
12-May-2014 59.7290 100.8166 82.2235 58.6000
09-May-2014 60.0540 101.6534 83.0738 59.0600
08-May-2014 59.9913 101.7512 83.4805 58.9600
07-May-2014 60.0399 101.9658 83.5840 59.1700
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
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RBI DAILY REFRENCE RATES
20th
MAY-2014

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EPIC DAILY TOP PICKS
20th
MAY-2014
GBP-INR DAILY CANDLESTICK CHART
TRADING STRATEGY :
GBP-INR has closed @ 98.5725. If it breaks the level of 98.47, it can touch the level of 98.33 & 98.15 respectively. If it sustain above the level of 98.80,
it can touch the level of 98.94 & 99.09 respectively.
SELL GBP-INR BELOW 98.47 TGTS 98.33, 98.15 SL 98.68.
BUY GBP-INR ABOVE 98.80 TGTS 98.94, 99.09 SL 98.59.

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TODAY'S ECONOMIC EVENTS
20th
MAY-2014

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Research Analyst : Nilesh Jain
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