The dollar rallied from a strong technical support level last week and is now showing signs of potential bullishness
Section: Money | Monday, June 13, 2011 2:50 IST
The tremors in the rupee-yen (INR-JPY) pair following the earthquake have ended with the pair stuck in a narrow range for nearly a month. In other words, routine trading in the pair is back.
Section: Money | Monday, June 6, 2011 1:42 IST
The long-term chart of the Indian rupee-US dollar (INR-USD) pair is forming a bullish pattern, even as it continues to lag in the short term.
Section: Money | Monday, May 23, 2011 1:13 IST
The charts show the dollar index picking up a strong bullish trend, indicated by what professional market players call an impulse and correction sequence.
Section: Money | Monday, May 16, 2011 1:52 IST
The dollar index is near a support level, cautioning greenback bears that a bounce is probable. Even though the long-term trend of the dollar is bearish, a corrective rally is highly likely.
Section: Money | Monday, April 11, 2011 2:50 IST
Bearishness or bullishness lies in the eyes of the trader. The dollar index looks bullish for the short term, but confirmed a bearish bias last month on the long-term trend.
Section: Money | Monday, March 14, 2011 2:51 IST
The dollar index finally broke its six-year consolidation pattern to the downside, signaling the continuation of its long-term bearish trend.
Section: Money | Monday, March 7, 2011 3:08 IST
A break of this level can take the index to the next level of support between 75.90 and 76. Our analysis shows that this level has lot of demand and can lead to a decent rally in the greenback.
Section: Money | Monday, February 28, 2011 4:40 IST
Resistance on the rupee is at 45.08 — not a very strong level. However, it’s advisable to take some profits off the table at this level as the probability of a rupee sell-off increases.
Section: Money | Sunday, February 20, 2011 23:02 IST
The US dollar is testing the support levels of a long-term consolidation pattern that began in November 2005, which if broken can result in a 25% drop in the greenback.
Section: Money | Monday, February 14, 2011 2:39 IST
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