USDINR TREND

Trend updated for-Jul/23/2013.CMP-59.6575 The Dollar is strengthening against Indian Rupee in long- medium- term .Currently Dollar is in strong downtrend with good momentum 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 in SELL position.Positionally Support for USDINR is 57.97-56.73-56.13-55.07-.Resistance for the USDINR is 60.06-60.16-60.28-

Currently USDINR is in HOLD LONG position USDINR has crossed the high so for short term better buy above 59.88 with stop at 58.96 The oscillator is showing BUY signal
Intraday Trend- Buy above 59.88 and keep stop below 59.441 Target is 59.98 next 60.15 Below 59.341 trend reversal can occur and next level is 59.171

Indian currency news

  POUND TREND WITH RUPEE & INTRADAY LEVELS  

Trend updated for-Apr/11/2013.CMP-83.62 The Pound is weakening against Indian Rupee .Currently Pound is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for GBPINR is 82.86-82.85-82.6-82.27-.Resistance for the GBPINR is 85.17-85.97-86.67-
In medium term Pound is relatively strengthening against Dollar- In long term Pound is relatively strengthening against Euro- Dollar-

Currently GBPINR is in HOLD LONG position GBPINR is in profit booking mode so either sell of or keep stop at83.543 so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 84.123 with a stop at 83.286 Below 83.119 go for sell

Indian currency news

  YEN TREND WITH RUPEE & INTRADAY LEVELS

Trend updated for-Apr/11/2013.CMP-54.9525 The Yen is weakening against Indian Rupee .Currently Yen is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing SELL signal For short term Yen is in SELL position.Positionally Immediate support for JPYINR is 54.33.Resistance for the JPYINR is 57.36-57.38-57.57-58.08-59.74-61.61-65.79-
In medium term Yen is relatively strengthening against Euro- Dollar- Pound- In long term Yen is relatively strengthening against Euro- Dollar- Pound-

Currently JPYINR is in HOLD SHORT position The JPYINR is in downtrend For short term buy only if close above 55.792 The JPYINR is now trading in highly oversold level. The JPYINR is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 55.3 with a stop at 54.606 Below 54.369 go for sell

Indian currency news

EURO TREND WITH RUPEE & INTRADAY LEVELS

Trend updated for-Apr/11/2013.CMP-71.5475 The Euro is weakening against Indian Rupee .Currently Euro is in strong uptrend with good momentum 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 EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing BUY signal For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 71.21-70.56-70.46-70.33-70.21-.Resistance for the EURINR is 71.91-72.09-
In medium term Euro is relatively strengthening against Dollar- Pound-

Currently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 71.204 The EURINR is now trading in highly overbought level. The EURINR is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 71.828 with a stop at 71.336 Below 71.268 go for sell with a stop at 71.759

INDIAN CURRENCY NEWS

 

DOLLAR TREND WITH RUPEE & INTRADAY LEVELS

Trend updated for-Apr/11/2013.CMP-54.6525 The Dollar is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Dollar is in strong uptrend with good momentum 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 showing BUY signal For short term The current position is BUY .Positionally Support for USDINR is 54.42-54.39-54.37-54.24-54.09-.Resistance for the USDINR is 54.95-55.01-
In long term Dollar is relatively strengthening against Euro-

Currently USDINR is in HOLD SHORT position USDINR is in sideways so for short term better buy above 54.906 with stop at 54.515 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 54.906 with a stop at 54.471 Below 54.4 go for sell and put stop at 54.83

Indian currency news

POUND TREND WITH RUPEE & INTRADAY LEVELS

Trend updated for-Apr/03/2013.CMP-82.9075 The Pound is weakening against Indian Rupee .Currently Pound is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing BUY signal For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 82.2-82.05-81.84-.Resistance for the GBPINR is 83.84-85.55-86.2-86.75-
In medium term Pound is relatively strengthening against Dollar- Yen- In long term Pound is relatively strengthening against Euro- Dollar- 

 

Currently GBPINR is in HOLD LONG position GBPINR has formed new high but the trend looks weak so better buy above 83.492 The GBPINR is now trading is approaching overbought level. The GBPINR is now trading is approaching overbought level. The oscillator is on SELL signal and GBPINR is coming down from overbought level
Intraday Trend- Sell if open below 82.533 with stop loss at 83.283 or sell below 82.325 Buy is not advised till it cross 83.492

Indian currency news

YEN TREND WITH RUPEE & INTRADAY LEVELS

In medium term Yen is relatively strengthening against Dollar- In long term Yen is relatively strengthening against Euro- Dollar- Pound-

Trend updated for-Apr/03/2013.CMP-58.5275 The Yen is weakening against Indian Rupee .Currently Yen is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend .. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing BUY signal For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 58.11-57.64-57.18-57.01-.Resistance for the JPYINR is 60.47-62.29-66.19-

Currently JPYINR is in HOLD LONG position JPYINR has crossed the high but the trend was not so strong so for short term better buy above 59.197 with stop at 57.0125 The JPYINR is now trading is approaching overbought level. The JPYINR is now trading is approaching overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy if open above 58.921 with a stop at 58.135 Strong Buy above 59.197 Below 57.86 go for sell or sell if open below58.135