update as on 10.8.10
us dollar index has tested 80 zone approximately and bounced from there with +ve divergence in daily chart as shown in attached chart.equity markets move in inverse direction normally.read more comments on charts.
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8.7.10
LOOK AT CHART OF US DOLLAR INDEX ATTACHED HEREWITH.ITS MOVEMENT MAY GUIDE
8.7.10
LOOK AT CHART OF US DOLLAR INDEX ATTACHED HEREWITH.ITS MOVEMENT MAY GUIDE
US FOR FURTHER MOVES IN EQUITY MARKET.BELOW 83.3LEVEL NEXT SUPPORT ZONE IS
BETN 80 AND 82 ZONE . 200 DMA IS NEAR 82 AND 200EMA IS SHOWN IN CHART.NORMALLY
WEAKNESS IN US DOLLAR INDEX HAD HELPED FOR UP MOVES IN EQUITY MARKETS AND
GOLD.
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