Hello Welcome to this analysis about USDINR, we are looking at daily timeframe perspectives. USDINR in recent times heavily decreased with bearishness however it now moved into an oversold condition. USDINR is developing here that will be a decisive factor in the upcoming times. I discovered the main formation USDINR is developing here that will be a decisive...
The current structure of USDINR is still weak and is probably moving towards 72.65 levels. The current chart shows two technical possibilities that suggest goos support zone in the 72-73 range. At First, there is trendline support, that the prices broke in April 2021, and the same trendline would now act as a support. Secondly, there is also a harmonic pattern...
07 MAY 2021 INSTRUMENT: USDINR TREND: SELL TIME FRAME: DAY CMP: 73.54 SELL BELOW: 73.424 STOP LOSS: 73.752 TGT 01: 73.298 TGT 02: 73.196 TGT 03: 73.058 DISCLAIMER: We are not S E B I registered analyst. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
DATE: 29.4.21 Very high-risk trade INSTRUMENT: USDINR 75.00 CE 07 MAY 21. CMP.0525 BUY ABOVE: .0635 SL:.0400 TGT 01: .0705 TGT 02: .0878 TGT 03: .1050 RISK DISCLAIMER: We are not SEBI registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
RISK DISCLOSURE Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Trade with risk capital only. The past performance of any trading strategy or methodology is not necessarily indicative of future results. Past...
MY PRICE PREDICTION FOR USD-INR IS 78.550 – MID JULY 2021 AND 80.555 BY JAN 2022 (LONG TERM BUY IDEA) CURRENT MARKET IS ON A STRONG UPTREND. IN THE SHORT TERM THE CURRENT UP TREND MAY BREAK AT 74.650 WHICH 50% OF THE FIB LEVELS AND GO DOWN TO 73.330 WHERE THE ORDER BLOCK IS & FROM THE WE CAN EXPECT A LONG TERM BUY ENTRY OPPORTUNITY POSSIBLE BUY OPPORTUNITY IS...
USD/INR in pole and flag likely to fail due to movementum in Indian stock market and price action
On monthly chart USDINR is at key support and has higher chance of reversing up to 75 in coming months. The support is from 20 Month moving average and trendline from 2012 low. hence for long term traders better be on the buy side as dollar is also seen strengthening in coming months.
market will most probably reach lower level or supply zone to take proper support.
A requested currency pair - Technical and Fundamental view of USD/INR! Fundamentals: The countries of BRICS are facing a very difficult time especially India due to covid levels - fundamental aspects of there currency: They had kept rates unchanged, I expect that to continue for while. As The dollar decreases, I expect it to follow the trend it is going in...
Short triggered at 73.4500 view invalid, candle closing above 73.4850 stop loss 73.5000 target 73.2000 position holders long above 73.5000 stop loss 73.3000 Overall bullish until 72.7500 breached
DATE: 5 SEPTEMBER 2020. INSTRUMENT: USDINR. TIME FRAME: DAY. TRADE TYPE: POSITIONAL. INDICATORS: PSAR: BULLISH STOCHASTIC: BULLISH DIVERGENCE. PRICE ACTION: CMP: 73.164 BUY ABOVE: 73.550 SL: 72.80 TARGET: 75.540 RISK DISCLOSURE Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record...
OANDA:USDINR utilize these levels for your trade reference.
Monthly Chart of USDINR: As seen from the Monthly Chart of USDINR, the currency is trading in the Rising Channel pattern since 2013 to till date. In the month of April-2020 the currency has hit the Upper part of Channel around the levels of 76.50-77.00 and retraced. The currency has formed a Shooting star Candlestick pattern around the resistance levels on...
USDINR Trading Plan SELL - Riks Reward 1:3++
As the price action forming a bearish RSI divergence and simtanously breakout down from a consolidating pattern, indicating further weakness in Dollar and strengthening of Rupee. T1- 75 SL-77.5