Home Posts tagged "currency tips" (Page 3)

Update on USD/INR (Dec) contract

USDINR tips

HI all,
Today USD/INR (Nov) contract expired and obviously I will keep updating on December contract. Expiry is on 29-Dec-2014.
USD/INR (Dec) opened at 62.2450 and went down to touch 62.1950 (Daylow) and then reverted back to hit the Dayhigh 62.30. After touching 62.22 levels, the US Dollar managed for a comeback and closed around 62.26. Closing time Spot rate was 61.85.

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Tip for 25-Nov-2014 (USD/INR)

USDINR tips

HI all,
We are approaching the expiry of USD-INR (Nov) contract by tomorrow.
Eventually, this month’s closing is going to be “thrilling” while compared with October 2014 closing due to volatility expected.
There are important data such as US GDP, US consumer confidence, UK Inflation report etc.
The pair USD/INR opened at 61.92 against yesterday’s LTP 61.94
The Daylow that is already hit is 61.88 and the Dayhigh is 62.0125
CMP is 61.9625
I expect the pair to touch 61.85 or even 61.80 and BUY is advised around that region. Keep in mind approximate 61.91 as closing figure and only BUY less than 61.91.
Holding of Long positions is advised as the US GDP data will come only after NSE trading hours.

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Tip for 20-Nov-2014 (USD/INR)

USDINR tips

HI all,
The pair USD-INR opened high at 62.10 against yesterday’s closing LTP 62.0525
Even if the FOMC minutes didn’t help the US Dollar to gain momentum against Euro, it showed great strength against Indian Rupee.
The present Dayhigh is 62.15 and Daylow is 62.0750
There is high chance to hit 62.21
The highest yet to hit figure available as of now is 62.35

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Tip for 18-Nov-2014 (USD/INR)

USDINR tips

Hi all,
We can see another US Dollar rally against Indian Rupee since today morning.
Opened at 61.8425, USD went high up to 61.9775 breaking the previous high which was set on 14th Nov at 61.9700
The Daylow yet is same as opening, 61.8425
Hope the pair will break 61.9850 today.

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