USDINR Forecast & Technical Analysis Introduction The Indian Rupee following a huge bullish gain struggles to move beyond the 68.346 support, twelve weeks after establishing the level on IQOption, a major India brokers’ platform. This week we’ll look into events in the US as well as technical price patterns for gatekeeping, which have kept the […]
USD to INR Forecast & Technical Analysis Introduction A decline in India’s quarterly GDP shows the weakness of the Indian Rupee on IQ Option platforms after the USDINR pair exited an overbought area from a monthly time frame. Let’s take a closer look at the price dynamics and how the pair tapper off the price […]
USD to INR Forecast & Technical Analysis Introduction This week we’ll be considering the USD to INR currency pair as it loses momentum after coming out of an overbought state. We’ll also point out interesting fundamental events taking place in India and the U.S. India’s Fundamentals India FX Reserves in USD The release of the […]
USD/INR Forecast & Technical Analysis for Indian Rupee Introduction The long-expected failure of the Nifty 50 was finally signalled as the daily chart flagged a series of bearish divergence on 03, and 22 April, followed by double bearish accumulation setups on 03 May ’19. Come along as we look into other interesting news announcement and […]
USD/INR Outlook & Technical Analysis for Indian NIFTY 50 Introduction Although the first quarter of 2019 started off by showing a retracement of the Indian Rupee gains, the exchange rate finally closed near Q1’s open. This showed that the bears are not ready to back down from their campaign towards a strong INR. India’s Fundamentals […]
USDINR : Weekly Technical Analysis for Forex Brokers Introduction The latter part of Q1 ’19 proved favorable for the USD paired against the Indian Rupee as we see a series of consecutive bullish closing bars. Entering Q2 ’19, the Rupee tried to regain its strength. However, it couldn’t stand the test of time. Join as […]
USDINR : Weekly Technical Analysis for Forex Brokers Introduction This week comes packed with interesting fundamental announcements for Olymp trade traders to decipher the general health of the Indian and U.S economy. Come along as we take a look at these events as well as significant technical trend patterns. India’s Fundamentals India’s Federal Fiscal Deficit […]
USDINR : Weekly Technical Analysis for Forex Introduction Last week, the USDINR closed with a long bearish candle, indicating a strengthening of the Indian Rupee. Welcome to another week where we analyze the fundamental and technical events that are responsible for the trend direction of the exchange rates. Should we be looking forward to a […]
USDINR : Weekly Technical Analysis for Indian Forex Brokers Introduction Among currencies paired against the US dollar, the Indian Rupee is one that shows strength as all attempts by the bulls to redeem their image collapsed to bearish pressure. Read on as we look at major technical and fundamental events dictating the direction of the […]
USDINR : Weekly Technical Analysis for Forex Brokers Introduction From October 08 to December 31 last year, the USDINR entered into a bearish trend in favor of the Indian Rupee. Moving forward into the New Year, the USD started a bullish campaign which is currently sustained at the moment. Read on as we analyze the […]