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Dollar is weakening 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 .. 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 .Positionally Support for USDINR is 53.49-53.24-53.2-53.02-.Resistance for the USDINR is 54.5-54.96-55.28-In medium term Dollar is relatively strengthening against Euro- In long term Dollar is relatively strengthening against Yen- Euro- Pound-
Short term and Intraday Level of Dollar with Rupee
Currently USDINR is in HOLD LONG position In USDINR is in up trend but last day trend was weak so adhere to stop at 54.071 The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Sell if open below 53.823 with stop loss at 54.327 Buy is advised only above 54.472
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Dollar is weakening 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 .. 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 isBUY .Positionally Support for USDINR is 53.39-53.19-53.15-53-.Resistance for the USDINR is 54.54-54.98-55.29-
Short term and Intraday Level of Dollar with Rupee
Currently USDINR is in HOLD LONG position USDINR has formed a high yesterday but failed to keep the trend so if buying has to considered better above54.698 The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Sell if open below 54.047 or sell below 53.903 with stop loss at 54.553 Buy if open above 54.553 or buy above 54.698 with stop loss at 54.047
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Dollar is weakening 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 .. 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 and closed above 3 week high with volume signals up breakout.Positionally Support for USDINR is 54.13-53.25-53.19-53-.Resistance for the USDINR is 55-55.31-
Short term and Intraday Level of Dollar with Rupee
USDINR closed above 1 week high with volume signals up breakoutCurrently USDINR is in HOLD LONG position USDINR is in sideways so for short term better buy above 54.621 or hold with stop at 53.375 The next resistance will be at 54.41 The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy above 54.621 and keep stop below 54.114 Target is 54.766 next 55.007 Below 53.97 trend reversal can occur and next level is 53.73
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8878998885
Dollar is weakening 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 LONG position.Positionally Support for USDINR is 53.19-53.09-52.99-52.84-.Resistance for the USDINR is 54.58-55.02-55.33-
Short term and Intraday Level of Dollar with Rupee
Currently USDINR is in HOLD LONG position USDINR is moving sideways so short term investor better to buy only if close above 54.1 with stop at 52.8625 on closing The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is on SELL signal and USDINR is coming down from overbought level
Intraday Trend- Sell if open below 53.425 or sell below 53.282 with stop loss at 53.926 Buy if open above 53.926 or buy above 54.069 with stop loss at 53.425
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