USDINR Forecast & Technical Analysis for Forex Introduction We know the U.S. dollar has been weak due to various factors like the effect of the second wave of COVID-19, the US-China trade war, and non-agreement on the second stimulus plan between the Democrats and Trump’s administration, among others. This week, we look into what the […]
USDINR Forecast & Technical Analysis for Forex Introduction The OlympTrade platform sees a sign of recovery for the Indian rupee after being weak since the beginning of the year. Let us look into the charts for better analysis. India’s Fundamentals The improvement in the US-China trade war negotiation and the news of the COVID-19 potential […]
USDINR Forecast & Technical Analysis for Forex Introduction The month of July has been an interesting one for the USDINR pair as revealed on options platforms such as s Binomo. It has witnessed high volatility due to the happenings around various economies around the globe. India’s Fundamentals Since the pandemic started, the Indian rupee has […]
USDINR Forecast & Technical Analysis for Forex Introduction India’s’ number of COVID-19 new cases is of concern to India forex brokers considering that it increases uncertainty in the Indian forex market. The number of new cases rose in some states in the USA because of negligence on individuals and state governments. Let us dive into […]
USDINR Forecast & Technical Analysis for India Forex Introduction There are uncertainties if the US congresses are willing to extend the scheme supplementing jobless benefits beyond July 31. Some states are having new cases of coronavirus, and the numbers are increasing. The Indian rupee did not do too badly against the US dollars as traders […]
USDINR Forecast & Technical Analysis for India Forex Introduction The Indian Forex is nursing the various wounds it has experienced because of the upsurge of the pandemic. This also affected the Yes Bank after it failed to raise new capital, and the RBI has to take over the Bank. All these fear led to the […]
USDINR Forecast & Technical Analysis for India Traders Introduction The recovery process for each country differs, and they are doing their best to recover fast. The India forex market is the most hit during the coronavirus crisis, and it concerns IQ Option platform because Indian rupee has lost so much to the US dollar. Let […]
USDINR Forecast & Technical Analysis for India Traders Introduction The India forex market is another market that the OlympTrade traders are interested in because of the RBI decision on rate cut and how it may affect the market in the coming weeks. As the race to deliver the vaccine for Covid-19 continues, the government wants […]
USDINR Forecast & Technical Analysis for India Traders Introduction The impact of the coronavirus pandemic is evident in every sector of the economy. Businesses have been grounded for individuals, small enterprises, and multinationals across the globe. The India forex is still uncertain about the recovery rate of the economy. Most Binomo investors and institutions are […]
USDINR Forecast & Technical Analysis for India Traders Introduction This week the USDINR and other FX pairs on XM trading platform transition into a new monthly candlestick, and showing strength for the US dollar. Let’s turn to the time series charts of the USD vs. INR and perform a top-down analysis, identifying the critical support/resistance […]