USDINR - 26Nov2021 On the H4 timeframe, prices were not able to close above important level at 74.60. We should be cautious of further upside as there are higher possibility for the price to pull back and retest 1st Support at 74.1405. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 25Nov2021 On the daily timeframe, price have closed above 2 MAs. We should remain slight bullish for this currency On the H4 timeframe, prices are still making higher highs and higher lows and should remain slight bullish on this currency. With DXY expected to pullback, USDINR may pull back before further upside. This is for personal record purposes...
USDINR - 24Nov2021 On the H4 timeframe, prices pulled back from the resistance yesterday. With price unable to close above daily MAs, we need to be cautious with USDINR on the upside. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 23Nov2021 On the daily timeframe , price remain below 2 MAs. We should be cautious with USDINR on the upside as long as price is below these 2 MAs. On the H4 timeframe, prices broke above to the descending trendline. We could expect further upside to 1st Resistance at 74.585. This is for personal record purposes only, not financial advise or...
USDINR - 22Nov2021 On the weekly timeframe, price found support near 74.00 and bounced but it is still below 2 MAs. On the H4 timeframe, prices bounced back to the descending trendline. If price can close above the descending trendline, we could expect it to swing towards 1st Resistance at 75.555 easily. This is for personal record purposes only, not financial...
USDINR - 18Nov2021 On the H4 timeframe, prices faced bearish pressure from the descending trendline and dropped. Due to daily timeframe close below 50MA, prices are expected to drop lower to 1st Support at 74.1335. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 17Nov2021 On the H4 timeframe, prices are facing bearish pressure from the descending trendline. Due to daily timeframe close below 50MA, prices are expected to drop lower to 1st Support at 74.1335. This is for personal record purposes only, not financial advise or solicitation of trade.
The USD/INR is near the 74.3600 price level as of this writing and has seen a low of nearly 74.2800 in early trading. However, when today began, the USD/INR was near the 74.5500 ratio as the pair tested highs last seen on the 12th of November. The Forex pair has seemingly created a rather restrained consolidated price realm the past handful of trading days; yes,...
USDINR - 16Nov2021 On the H4 timeframe, prices are facing bearish pressure from the descending trendline in which we could expect it to drop to1st Support at 74.1335. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 15Nov2021 On the daily time frame, USDINR failed to continue its bullish momentum after a failed breakout 2 weeks ago. Last week price action also closed below 50MA indicating potential further downside. On the H4 timeframe, prices have played out in the previous H&S perfectly. Now it is facing bearish pressure from the descending trendline in which we...
Hi everyone! As I noticed earlier, it was necessary to wait for an exit from a triangle. And so now an exit from a triangle took place up. Therefore using length of the widest part of a triangle and also Fibonacci's stretching. We receive the purpose about 77.50. Purchase at the current price. TP = 77.50 Information provided is only educational and should not...
USDINR - 29Oct2021 On the H4 timeframe, price is still playing out h&s neckline in which it could face further bearish pressure to 1st Support at 74.5860. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 28Oct2021 On the H4 timeframe, price is still below the h&s neckline in which it could face further bearish pressure to 1st Support at 74.6950. If price closes above the neckline, h&s will be invalidated. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 27Oct2021 On the H4 timeframe, price faced bearish pressure from the resistance yesterday. H&S still in play, we could expect it to continue downside to 1st Support at 74.6950. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 26Oct2021 On the H4 timeframe, price continued to bounce higher with limited upside. If price close above 1st Resistance at 75.1800 today, h&s will be invalidated. For now, we could expect it to pull back to 1st Support at 74.695 This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 25Oct2021 On the daily timeframe, USDINR finally bounced from 20EMA and 1st Support at 70.6950. It is now at previous breakdown area at 74.940. On the H4 timeframe, price bounced back to the resistance level. It has now rebounded to neckline of h&s , price target around 74.075. For today, we could expect it to face bearish pressure and dropped back to...
USDINR - 22Oct2021 On the H4 timeframe, price broke down from h&s , price target around 74.075. For today, we could expect it to bounce back to 1st Resistance at 74.99 before dropping to 1st Support at 74.6950. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 21Oct2021 On the H4 timeframe, price broke down from triangle pattern, price target at 74.075. For today, we could expect it to bounce back to 1st Resistance at 74.99 before dropping to 1st Support at 74.6950. This is for personal record purposes only, not financial advise or solicitation of trade.