Chart Of The Day: The Dollar Retreats

2 comments Written on February 10th, 2012 by
Categories: ChartOfTheDay, RupeeFutures

Today’s chart is the huge move in the INR – largely on the back of RBI selling dollars, and some FII money returning.

image

The 200 DMA is at 47.74 and will likely be the support for the dollar.

The move has been sharp – nearly 10% in about two months!

Related Posts Plugin for WordPress, Blogger...

Related posts:

  1. Chart Of The Day: Dollar Crosses 51 For the first time after a brief visit in 2008,...
  2. Chart Of The Day: Dollar-INR Versus 200 DMA, a 10 year history Inspired by Kaushik’s post at Niti, I plot the USD...
  3. Rupee Dollar Exchange Rate Woes A reader mails in: While reading thru the financial page...
  4. Reading: RBI messes up Dollar/Rupee S. Gurumurthy: Dollar on escalator and rupee on ventilator In...
  5. Chart Of The Day: 40 Years Of Gold Gold Returns have been wayward over the last 40 years,...
About the Author: Deepak Shenoy
http://www.capitalmind.in
The man behind Capital Mind. Deepak is a co-founder at MarketVision, a financial knowledge company in Gurgaon. He also provides data research and consulting services in the financial markets space. Connect with him at deepakshenoy@gmail.com.

2 comments “Chart Of The Day: The Dollar Retreats”

if I may ask.. I wanted to know how are u calculating the moving averages.. u ve got ur own script doing it or u ve some tools for it..

Hi deepak,
Where can i get OHLC of INR-USD spot.(with historical prices)
Thanks,


Leave a Reply