Forex weekly Report 1 Aug to 5 Aug and Tips For 1 Aug 2011

FOREX Marker overview
USD/INR is consolidating on charts so traders can
use the strategy of selling on higher levels. If next
week USD/INR sustains below the level of 44.0000
then below the level of 43.8500 USD/INR can test
the level of 43.7200.
Strategy
For the upcoming week 43.6000 and 43.4800 will act as major supports and 45.4500 and 46.0500 will act as major
resistance in USD/INR.

Forex Trading tips For Today 29 July 2011

The Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing SELL signal For short term Dollar is in HOLD SHORT position

Forex Tips - Inflation wars - Australia, New Zealand, Singapore

In this Asia Focus Andrew Robinson, correspondent for Saxo Capital Markets, continues to draw attention to inflation in the region, analysing in particular Australia’s second quarter CPI data and the outlook for interest rates Down Under and in New Zealand. He also looks at Singapore's battle with inflation and how a stronger SGD is helping on the domestic front.

Australia’s inflation is very much on the rise, confirmed a Consumer Price Index report for the second quarter. The index increased 0.9% from the first quarter and 3.6% versus the same period one year ago, slightly higher than expectations. The higher than expected numbers have somewhat changed the landscape for interest rates and the AUDUSD reacted strongly, hitting new records. Now a rate hike is more likely to be on the cards than a rate cut by the end of the year. A rate change however is first likely to occur at the RBA's November meeting rather than its August meeting.

Indian Forex Trading Tips For Today 26 july 2011

 The Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing SELL signal For short term Dollar is inHOLD SHORT position. 

Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 44.482 The USDINR is now trading in highly oversold level. The USDINR is now trading in highly oversold level. The oscillator is showing BUY signal.

Forex Market News Today 26 July 2011

Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 44.519 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing SELL signal

Indian Currency Trading Tips For Today 25 July 2011

The Dollar is weakening against Indian Rupee .Currently Dollar is moving sideways The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing BUY signal and has moved down its previous low. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing BUY signal For short term Dollar is in HOLD SHORT position

Currency Tips For Today 22 July 2011 | Forex Market News Today

CMP-44.545 The Dollar is weakening against Indian Rupee .Currently Dollar is moving sideways The USDINR is now trading in oversold level.

The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing BUY signal For short term Dollar is in HOLD SHORT position.

Forex Market News Today 21 July 2011

While this supported the Euro in Asia, the single currency drove lower in the afternoon after the Euro zone's private sector grew at its weakest pace in almost two years this month as demand from abroad fell and the region's ongoing debt crisis weighed on minds at home, business surveys showed today.

Indian Currency Trading Tips For Today 20 July 2011

 Technical Analysis 20 July 2011

EUR/USD: technical analysis
The pair ascended up to 1.4200/10 resistance level, mentioned in the previous analysis, which turned out to be strong enough to initiate a stop and a sideways movement with 1.4120 support level as a lower border. At the moment the bulls are about to test level 1.4200/10. Indicators suggest further growth, giving reasons to expect the above mentioned level to be successfully breached. If the breakout takes place, the next on the way will be 1.4260 resistance, and then, if its breached as well, level 1.4370/80 with a possibility to test 1.4560/50 line. On the other hand, the bears seem to good chances to recommence their trend too - decline below 1.4120 will be a signal to expect another attempt to test 1.4000/10 support level in the near future.

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