The Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level.
Tuesday, August 30, 2011
Saturday, August 27, 2011
Forex tips For Today 27 Aug 2011
The Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 The current position is BUY
Friday, August 26, 2011
Forex Trading Tips For Today and Live Forex Market news
The rupee on Thursday clawed back from its deepest low in more than 11 months, buoyed by corporate dollar sales, but was reined in by persistent demand for the U.S. unit from domestic oil firms and gold importers.
Caution before U.S. Federal Reserve chairman Ben Bernanke's speech on Friday also kept pressure on the rupee, traders said.
The partially convertible rupee ended at 46.04/05 to a dollar, only marginally weaker from Wednesday's close of 45.99/46.00 but stronger than the intraday low of 46.215 -- a level not seen since Sept. 16.
Caution before U.S. Federal Reserve chairman Ben Bernanke's speech on Friday also kept pressure on the rupee, traders said.
The partially convertible rupee ended at 46.04/05 to a dollar, only marginally weaker from Wednesday's close of 45.99/46.00 but stronger than the intraday low of 46.215 -- a level not seen since Sept. 16.
Monday, August 22, 2011
Today Forex Trading Tips 22 Aug 2011
The Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 The current position is BUY
Saturday, August 20, 2011
Forex Weekly Technical Report 22 Aug To 27 Aug 2011
MARKET OVERVIEW
USD/INR is consolidating on charts so traders can use the strategy of buy on lower levels. If next week USD/INR sustains above the level of 45.4000 then
above the level of 45.8000 USD/INR can test the level of 45.9800
STRATEGY
For the upcoming week 44.5000 and 43.8500 will act as major supports and 46.0500 and 46.4500 will act as major resistance in USD/INR.
MCX Commodity and Bullion Tips Click Here
USD/INR is consolidating on charts so traders can use the strategy of buy on lower levels. If next week USD/INR sustains above the level of 45.4000 then
above the level of 45.8000 USD/INR can test the level of 45.9800
STRATEGY
For the upcoming week 44.5000 and 43.8500 will act as major supports and 46.0500 and 46.4500 will act as major resistance in USD/INR.
MCX Commodity and Bullion Tips Click Here
Indian Forex Trading Tips For Today
The Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 The current position is BUY
Wednesday, August 10, 2011
Forex Trading Tips For Today10 Aug 2011
The Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in strong uptrend with good momentum 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 BUY signal For short term Dollar is in HOLD LONGposition.
Monday, August 8, 2011
Forex Trading Tips For Today 8 Aug 2011
Currently USDINR is in HOLD LONG position In short term USDINR is in strong up trend so hold with stop at 44.564 The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is showing BUY signal
Saturday, August 6, 2011
Indian Forex Trading Tips For 8 Aug 2011
The Dollar is weakening against Indian Rupee .Currently Dollar is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higher levels seems decreasing. 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 LONG position.
Thursday, August 4, 2011
Forex Tips For Today 4 Aug 2011
The Dollar is weakening against Indian Rupee .Currently Dollar is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. 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 LONG position
Wednesday, August 3, 2011
Indian Currency Trading Tips For Today 3 Aug 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.
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