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DAILY FOREX REPORT BY EPIC RESEARCH-05 February 2013 - by epicreserach6

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                    DAILY FOREX REPORT

                      5TH FEBRUARY 2013




    WWW.EPICRESEARCH.CO                   +919752199966
                        HEADLINES
                        Rupee off from record highs; trading above 53
                        against dollar

                        The rupee failed to maintain its initial gains against the
                        US dollar on Monday, but was still quoted higher by 13
                        paise to 53.06 per dollar in the late morning trade on
                        selling of dollars by banks amidst weakness of dollar
                        overseas. Rupee breached the key 53-level by gaining 26
                        paise to trade at fresh three-and-a-half-month high of
                        52.90 in early trade today against the dollar. The rupee
                        resumed higher at 53.02 per dollar as against the last
                        weekend's level of 53.19 per dollar at the Interbank
                        Foreign Exchange (Forex) market and firmed up further
 TRADING TIPS          to a high of 52.93 per dollar on persistent foreign capital
                        inflows.
 SELL USD/INR
  BELOW 53.40
  FOR TGT
  53.28/53.16                         REFERENCE RATE
  SL 53.58                            As on 4th february 2013
  PAST
  PERFORMANCE                      UNDERLYING              RATE
 SELL USD/INR                      USDINR                52.9730

  BELOW 53.44                       EURINR                72.2060

  FOR TGT                           GBPINR                83.1703
  53.29/53.14                        JPYINR               57.1700
  SL 53.64
  UNEXECUTED



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                               DAILY MARKET STATISTICS

PRODUCT     EXP DATE        OPEN        HIGH        LOW         CLOSE       LTP      CHG       PERCENTAGE
 NAME                                                                                            CHANGE

 Symbol     Series/Expiry       Unit             Open         High        Low         Close      Prev. Close
 CHANA      7/19/2012       4556        4573        4525         4560      4532      -28          -0.61

 EURINR     26-Feb-2013        1 EUR            72.7225      72.7225     72.2900     72.4550      72.8775
 CHILLI     7/19/2012       5060        5060        5018         5120      5018      -102         -1.99


  GUR       7/19/2012       1188        1188        1178        1183.5     1178      -5.5         -0.46
 EURINR     27-Mar-2013        1 EUR            72.8500      72.8500     72.5600     72.7250      73.1375

 JEERA      7/19/2012       14955      14960        14650      15052.5     14800    -252.5        -1.68
 GBPINR     26-Feb-2013        1 GBP            83.7425      84.0925     82.5625     84.0125      84.4975
 KAPAS      7/19/2012       1044        1053        1035         1049      1041       -8          -0.76


 GBPINR
 PEPPER     27-Mar-2013 42300 GBP 4255584.3000
            7/19/2012       1               42250 84.3900
                                                      42390              83.6850
                                                                           42435     84.3225
                                                                                      45          84.7825
                                                                                                  0.11


REF SOYA    7/19/2012       780.5       783.6       777.4       782.85     781.3     -1.55        -0.2
 JPYINR     26-Feb-2013       100 JPY           58.0125      58.0125     57.2500     57.6200      58.0825

SOY BEAN    7/19/2012       4309        4330        4265.5       4303      4315       12          0.28

 JPYINR     27-Mar-2013       100 JPY           57.7800      57.9375     57.5075     57.8650      58.3350
TURMERIC    7/19/2012       4600        4676        4518         4664      4540      -124         -2.66


 USDINR
 WHEAT       26-Feb-2013
            7/19/2012          1USD 1282 53.3325
                                              1251 53.4800
                            1251                       1246              53.0825
                                                                            1282     53.4375
                                                                                      36          53.4400
                                                                                                  2.89



 USDINR     27-Mar-2013        1 USD            53.5325      53.7425     53.3525     53.7075      53.7050



 USDINR     26-Apr-2013        1 USD            53.8500      54.0200     53.6375     53.9875      53.9850




      www.epicresearch.co                                                          +919752199966
                               DAILY USD/INR CHART




ANALYSIS

OPEN: 53.2900
HIGH: 53.4800
LOW: 53.0825
CLOSE: 53.4375

    USD/INR LOOKS DOWNWARDS
    TREND: BEARISH

    STRATEGY: SELL ON RISE




         www.epicresearch.co                         +919752199966
                              DAILY EUR/INR CHART




ANALYSIS
OPEN: 72.7175
HIGH: 72.7175
LOW: 72.2900
CLOSE: 72.4550

    EUR/INR LOOKS DOWNWARDS
    TREND: BEARISH
    STRATEGY: SELL ON RISE




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                              FOREX FORTHCOMING DATA
    TIME               CURRENCY                            DATA                    ACTUAL          FORECAST           PREVIOUS
  1:45pm                   EUR                  Spanish Services PMI                                   44.7                44.3

  2:15pm                   EUR                   Italian Services PMI                                  45.9                45.6


  3:00pm                    GBP                      Services PMI                                      49.8                48.9

  8:30pm                    USD               ISM Non-Manufacturing                                     55.2               56.1
                                                      PMI

  9:00pm                    USD                 Crude Oil Inventories                                 -1.6M               -1.0M


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