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Tuesday 11 December 2012

Forex News for 12-12-2012

 Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend with good momentum but volume is unsatisfactory 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 in HOLD SHORT position.Positionally Support for USDINR is 53.88-53.75-.Resistance for the USDINR is 54.7-54.99-55.04-55.16-55.22-
In long term Dollar is relatively strengthening against Euro- Pound-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD SHORT position USDINR is moving sideways so short term investor better to buy only above 54.85 with stop at 54.2175 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 54.893 with a stop at 54.216 Below 54.063 go for sell.

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Monday 10 December 2012

Forex News for 11-12-2012

Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend with good momentum but volume is unsatisfactory 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 in HOLD SHORT position.Positionally Support for USDINR is 54.28-53.86-53.73-.Resistance for the USDINR is 55.01-55.14-55.16-55.27-
In long term Dollar is relatively strengthening against Euro- Pound-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD SHORT position USDINR is showing Up momentum So buy above 54.762 with stop at 54.2175 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy above 54.951 and keep stop below 54.425 Target is 55.105 next 55.36 Below 54.271 trend reversal can occur and next level is 54.017
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Sunday 9 December 2012

Forex News for 10-12-2012

Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend with good momentum but volume is unsatisfactory 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 in HOLD SHORT position.Positionally Support for USDINR is 54.29-53.84-53.7-.Resistance for the USDINR is 55.01-55.12-55.25-55.31-
In long term Dollar is relatively strengthening against Euro- Pound-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD SHORT position The USDINR is in downtrend .Last day USDINR was in bull trend So short term buyers buy if close above 54.797 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy the USDINR above 55.087 with a stop at 54.329 Sell if below .54.06 with a stop at 55.087 or sell if opens below 54.329.

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Friday 7 December 2012

Forex News for 08-12-2012

Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend with good momentum but volume is unsatisfactory 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 in HOLD SHORT position.Positionally Support for USDINR is 54.29-53.84-53.7-.Resistance for the USDINR is 55.01-55.12-55.25-55.31-
In long term Dollar is relatively strengthening against Euro- Pound-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD SHORT position The USDINR is in downtrend .Last day USDINR was in bull trend So short term buyers buy if close above 54.797 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy the USDINR above 55.087 with a stop at 54.329 Sell if below .54.06 with a stop at 55.087 or sell if opens below 54.329.

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Thursday 6 December 2012

Forex News for 07-12-2012

Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend with good momentum but volume is unsatisfactory 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 in SELL position.Positionally Support for USDINR is 53.83-53.68-.Resistance for the USDINR is 54.74-55.03-55.1-55.31-55.32-
In long term Dollar is relatively strengthening against Euro- Pound-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD SHORT position USDINR is in sell mode sell below 53.917 buy only above 55.4525 The USDINR is now trading in highly oversold level. The USDINR is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Sell if open below 53.917 with stop loss at 54.669 or sell below 53.65Buy is not advised till it cross 54.937

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Wednesday 5 December 2012

Forex News for 06-12-2012

Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend with good momentum but volume is unsatisfactory 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 in SELL position.Positionally Support for USDINR is 54.32-53.83-53.65-.Resistance for the USDINR is 55.04-55.11-55.38-55.4-
In long term Dollar is relatively strengthening against Euro- Pound-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD SHORT position USDINR is in down trend so buy above 55.153 The sell will again come if below 54.47 The USDINR is now trading in highly oversold level. The USDINR is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 55.426 with a stop at 54.396 Below 54.127 go for sell.

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Tuesday 4 December 2012

Forex News for 05-12-2012

Dollar is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Dollar is in uptrend but volume is unsatisfactory 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 on SELL signal and USDINR is coming down from overbought level For short term Dollar is in SELL position.Positionally Support for USDINR is 54.62-54.61-54.33-53.81-53.63-.Resistance for the USDINR is 55.41-55.43-
In long term Dollar is relatively strengthening against Euro- Pound-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 55.223 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend-Sell is advised if below 54.508 with a stop at 55.268 Above 55.539 go for buy.

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