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Show all Posts from Amar Durani

I am economist and I live in Bangalore since 2010. I have been working as financial manager for some international banks. Currently I work as Forex and CryptoChain analyst for different brokers.


Bitcoin to USD ( BTCUSD ) Weekly Outlook , January 17 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction An increase in miners’ reward finally confirms a bottom of the Q2-Q4 2019 bullish wave correction of the BTCUSD on Binary.com broker. This week, we analyze the key resistance levels that were breached, as well as significant reversal chart patterns that have brought the crypto […]

USDINR – Weekly Outlook for January 10 2019

USDINR Forecast & Technical Analysis Introduction The USDINR currency pair hits key resistance levels on IQ Option platform, a move that may result in a mid-term recovery of the Indian Rupee. Let’s analyze the charts and also look at this week’s fundamental drivers of the U.S. and Indian economies. India’s Fundamentals India Interest Rate Decision […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , January 3 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The year 2019 ended with December closing within the high-low range of the long bearish November candlestick on FBS broker and exchange terminals, a setup similar to the collection of bearish action in December 2018.  Should we expect a break above significant bearish resistance ($7772.71) […]

USD/INR – Weekly Outlook for December 20 2019

USD/INR Forecast & Technical Analysis Introduction The USDINR maintains a strong bearish outlook on XM platform after the bears forced the price below significant support level as a result of positive fundamentals for the Rupee. Let’s take a closer look at these fundamental and technical events driving the exchange rates of the USD to INR. India’s […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , December 13 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Napoleon AM, a Paris-based asset management firm, launched a professional Fund under French laws, dubbed the Napoleon Bitcoin Fund (NBF). The NBF would function by making a replica price of cash-settled Bitcoin Futures on the CME, a first of its kind that gives exposure to […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , November 28 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The demand for Bitcoin BTC dries up across all crypto broker platform following a plunge in mining reward starting from Jul 11 and 13 ’19.  Notice how the pair transitions into a corrective A-B-C wave after completing a 5-wave (Elliot wave) pattern on Dec ‘17. […]

USDINR – Weekly Outlook for November 21 2019

USDINR Forecast & Technical Analysis Introduction We’ve been following the marker trend dynamics of the Indian Rupee for a while on Binomo India platforms and it’s obvious the Greenback is becoming increasingly dominant against the INR. Let’s take a look at the charts and key macro-economic events for this week. India’s Fundamentals  India Bank Loan […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , November 14 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction A bizarre rumor has been spreading this week after privacy based coin Grin on November 11 received an anonymous donation of about 50 Bitcoin (BTC), with many people claiming that Satoshi was behind the generous donation. The company, who, on November 11, announced the donation […]

Bitcoin to USD ( BTCUSD ) Weekly Outlook , November 7 2019

BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction A report published by Bloomberg from an analysis of major Indian forex brokers an increase in the trading volume of Bitcoin BTC futures by roughly 50%. The report confirms that Bitcoin BTC is becoming a growing asset class.  Institutional investors that have been risk-averse in […]