TAG: INR/USD
USD/INR Analysis: Values Flourish Even as U.S Inflation Data Improves
The USD/INR has maintained the top of its price range the past handful of days, and even after yesterday’s inflation data from the U.S showed a downturn, the currency pair maintained higher ratios.The old saying that you should not fight the trend has a l...
2 months ago
USD/INR Forecast: US Dollar Continues to Find Resistance Against Indian Rupee
It’s easy to see that the USD/INR currency pair is paying close attention to the 84 Rupee level, a large, round, psychologically significant figure, and an area that although recently pierced, has been acting like a brick wall.Keep in mind that the Bank o...
1 month ago
USD/INR Analysis: Swift Violent Low Followed by another Move to Highs
The USD/INR is back within the upper realms of its price range as its bounces along near important psychological resistance levels, this after suffering a surge lower which caused pain for retail traders.Forex is difficult enough in an openly traded marke...
1 month ago
USD/INR Forecast: US Dollar Continues to Consolidate Against the Indian Rupee
This asset looks as if it is still stuck in the consolidation move.That’s not a huge surprise, this pair does tend to be very noisy and choppy at times, but ultimately, I think you’ve got a situation where traders are going to look at the global risk appe...
1 month ago
USD/INR Analysis: Persistent Knock Higher Flirts with Apex Values
The USD/INR remains within the higher elements of its long-term price; current values are bouncing up against crucial apexes and have shown signs of escalating.The USD/INR exchange rate remains a difficult currency pair for day traders to speculate on bec...
1 month ago
USD/INR Forecast: US Dollar Rallies After Initial Lunch Against Indian Rupee
We have seen a lot of volatility in this market.Keep in mind that the Indian rupee is highly manipulated by the Bank of India, so the fact that we had initially fallen during the trading session as jobs numbers in America came out rather anemic.But, we ha...
1 month ago
USD/INR Forecast: US Dollar Continues to Gain Against Rupee
The USD/INR pair is still a very bullish market.At this point in time, I see that we are struggling to get above the ₹84 level, but I also recognize that it’s only a matter of time before we will more likely than not smash through this region.After all, t...
1 month ago