US DOLLAR INDEX

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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Sunil Doshi said...

Please explain US-Dollar Index in Detail

July 16, 2010 11:51 AM 

us dollar index is explained very well in following link.

http://en.wikipedia.org/wiki/U.S._Dollar_Index

normally its movement is inverse to equity market movements.i had given observations in past in this link.

http://pankaj564.blogspot.com/2010/02/us-dollar-index-as-on-922010.html