TAG: USD/INR
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 Forex Signal: Eyes 84 Level as Dollar Gains
Potential Signal:I am a buyer of this pair as the 84.11 level, with a stop loss near the 83.90 level.I would do this on a daily close above the 84.11 level and be aiming for a move to the 84.25 level.The US dollar has rallied against the Indian rupee duri...
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 Plunges Against the Indian Rupee
The first thing I see is that the US dollar did of course fall rather significantly against the Indian rupee.All things being equal, this is a pair that is very noisy under the best of circumstances, but with the Jackson Hole Symposium going on during the...
1 month ago
USD/INR Forecast: Rallies Against Rupee
The US dollar rallied a bit from the support level during the trading session on Monday as the 83.75 level is considered to be important.It's also where we find the 50-day EMA and of course we have previously had resistance.In other words, there is “marke...
1 month ago
USD/INR Monthly Forecast: September 2024
The USD/INR at the time of this writing is near the 83.8600 ratio and showing rapid fire changes in value as it continues to boil within the higher elements of its long-term price range.The ability to create new apex values and establish an upwards price...
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: Eyes Further Gains
The US dollar initially rallied during Wednesday's session, breaking above the crucial 84 level.This area typically attracts significant attention, and while the breakout suggests potential gains, caution is needed.The Bank of India is likely to intervene...
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
USD/INR Analysis: Lack of Correlations and Higher Terrain Highlighted
The USD/INR continues to show a complete lack of disregard of USD centric influence, this as the currency pair remains within a magnet like grasp of its highest values.Traders of the USD/INR and look at the currency pair in comparison to other major Forex...
1 month ago
USD/INR Forecast: Greenback Pulls Back Against the Rupee on Monday
USD/INR pair has pulled back rather significantly.This is a pair that can be very quiet at times, as we have seen over the last month or so.However, it’s probably worth noting that there is a very small uptrend line that we have acknowledged near the 83.8...
4 weeks ago