Indian Rupee (Inr) monthly forecast from 14/July/10.

Prediction Date: 14-Jul-2010 . Forecast confidence level = 80 percent.
1 Inr is likely to buy:

Currency	current_value	minimum	maximum
Inr/Usd	0.0214	0.0210	0.0220
Inr/Aud	0.0243	0.0233	0.0255
Inr/Chf	0.0226	0.0218	0.0231
Inr/Cny	0.1452	0.1443	0.1455
Inr/Jpy	1.8932	1.8222	1.9369
Inr/Brl	0.0377	0.0369	0.0382
Inr/Gbp	0.0140	0.0135	0.0147
Inr/Nzd	0.0296	0.0285	0.0313
Inr/Cad	0.0221	0.0220	0.0223
Inr/Zar	0.1613	0.1613	0.1626
Inr/Eur	0.0168	0.0162	0.0175

 Or in a more familiar 'inverted' format, the above values become:

Currency	current_value	minimum	maximum
Usd/Inr	46.6800	45.4333	47.7152
Aud/Inr	41.2091	39.1098	43.0678
Chf/Inr	44.2674	43.4234	45.2711
Cny/Inr	6.8880	6.8678	6.9040
Inr/Jpy	1.8932	1.8076	1.9454
Brl/Inr	26.5257	26.0930	26.8877
Gbp/Inr	71.2477	67.8399	73.8384
Nzd/Inr	33.7450	31.8243	35.2813
Cad/Inr	45.2457	44.8857	45.6124
Zar/Inr	6.1981	6.1558	6.2573
Eur/Inr	59.5543	57.0751	61.7029

Technical Levels

The plot below shows the likely resistance and support levels. The current value, at the time the forecast was made, is shown by the red line.

Forecast Histogram

The plot below shows the likely distribution of values over the forecast period. The current value, at the time the forecast was made, is shown by the red line.

My Thoughts

The Indian Rupee is likely to maintain its 'middle-of-the-range' valuation (i.e. hover around its current value with respect to the US dollar).

Source | The Currency Forecasting Blog (CFB) | http://currency-forecasting.blogspot.com/2010/07/indian-rupee-inr-monthly-forecast-from.html