\

Pages

Friday, 9 November 2012

Forex News for 10-11-2012

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 . Cautious point is buying at higer levels seems decreasing. The USDINR is now trading in oversold level. The JPYINR 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 54.44-54.11-53.94-53.84-53.3-53.26-.Resistance for the USDINR is 55.2-
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 USDINR is again back in uptrend so hold with stop at 54.389 The oscillator is showing SELL signal
Intraday Trend- Buy above 55.089 and keep stop below 54.586 Target is 55.232 next 55.468 Below 54.444 trend reversal can occur and next level is 54.209

To Get Free  Tips Click on below Links & Register your self:

FreeStock Tips
Forex Tips
Free Commodity Tips
8878998885, 0731-6461777

No comments:

Post a Comment

Web Analytics