USDINR outlook in the coming yearsThe INR may remain bearish over the coming years and could potentially reach the 112 level by January 2030. However, there is also a possibility of the INR strengthening toward the 90 mark against the USD before resuming its weakness, which may extend toward 133 against the USD over the longer term.
This analysis is purely based on my personal perspective, and various fundamental, geopolitical, and economic factors could significantly influence or alter this outlook.
Usdinrlong
Why Is The Rupee Falling When The Dollar Is Weak?The Indian Rupee (INR) is exhibiting a pronounced, sustained weakness against the US Dollar (USD), pushing the USD/INR pair toward the 88.60 level, even as the global US Dollar Index (DXY) shows signs of softness. This resilience in the USD/INR confirms that domestic and structural headwinds—rather than external dollar strength—are primarily responsible for the Rupee's depreciation. A deep analysis across strategic, economic, and technological domains reveals that geopolitical delays and cautiou
POSITIVE MOOD FROM MOON LANDING SAVED INDIAN RUPEE, FOR NOWWe love sentimental trade ideas. There is nothing better trade than those stemming purely from sentiments. We shared timely long USDINR pair and we have attached the link below.
The positive sentiments from Moon landing drove INR higher yet on macro level, this changes NOTHING .
Congratulations to India and all Indians!
-Signalwyse Team
Ascending Triangle Alert on USDINR.A pattern has formed on the USDINR chart with a flat resistance top at around 83 and a rising trendline with gradually higher supports. It could be identified as an ascending triangle pattern.
A breakout in either direction could increase momentum and open up a range of about 3 rupees.
Keep watch.
USDINR STRONG IMPORTANT LEVELHello friends,
First, I love India and the Indian people. I made an analysis for the Indian rupee and I think it is on a very important level now. You see the huge rising channel, in which a small falling one is formed. I have indicated the important levels on monthly and weekly charts, which were just hit. We saw a strong rejection from these levels, which means that the price is struggling to fall down further. If the daily candle closes today with a bullish candlestick pattern, I drew the p
U
USDINR - Testing a critical resistanceUSDINR gave a strong upmove last day and is now out of the weekly resistance of trend-line. The resistance was broken with a strong candle and we can expect further upmove.
At the same time, USDINR is testing another resistance trend-line that has been tested 3 times since 2013 and now being tested for the 4th time. A weekly close above this would mean further uptrend.
However, we don't see a deep down-side also as of now since we broke a trendline nearby laready.
As of now, I am Neutral to Bu
USDINR looks strong on Daily & Weekly timeframe, heading to 77.8USDINR is rising on rising sharply due rising crude oil prices this week, as European nations has said No to Russian Oil.
USDINR is looking strong and can head to levels of 77.8 where it can face huge resistance.
If USDINR manages to trade above 77.8 levels on daily and weekly timeframes, then it is heading towards 78.5 levels.
If BEARS managed to hold USDINR further upward movement or if RBI intervenes, then it can fall back to retest 77.4 levels.
P.S. Most of this movement in USDINR this wee
USD/INR longDespite srabotnanny SL in the last idea, I consider that height of vapors of USD/INR will proceed. Now the price reached the trend line on the week chart from which the price many times made a start. I set as the purpose on this idea a price maximum.
TP = 76.97
Information provided is only educational and should not be used to take action in the market.
USDINR set up for a bounce?USDINR has met a perfect confluence of lower trendline support and horizontal support on the Daily, and has just seen a small bounce of this support as confirmation. Before the bounce we saw RSI drop to 26 on the Daily and even lower on the smaller timeframes.
In our last idea we predicted an incoming bounce, with potential to drop to this horizontal support level before the bounce occurs. If we see further positive movement it creates a strong risk/reward opportunity, so setting a stop limit o
ULong
USD/INR, growth will be continuedHi everyone! In the idea of November 22 I predicted growth to purpose 77.42. As a result the price rose from 74 to 76 and now is in correction. Apparently from my schedule, the price reached level 0.382 according to Fibonacci. Therefore I expect that in the nearest future growth will be continued to purpose 77.42 which is earlier designated by me.
Information provided is only educational and should not be used to take action in the market.
USDINR Bounce Incoming!USDINR has been bouncing off a long rising trendline since early 2021, and in fact has seen what you could reasonably call a clear uptrend on the larger timeframes since 2008.
On the 12H chart and virtually all lower timeframes we're seeing oversold RSI reading, either with strong divergence (higher RSI, lower price) or flattening RSI with lower price, pointing to the current corrective wave coming to an end shortly.
We've just seen price dipping in to enter the area of support representing ou
ULong
USD/INR long, 22 of novemberHi everyone! In the previous idea I expected growth after a figure a triangle, but it did not take place. Now USD/INR pair reached the trend line again on the week chart which the price repeatedly beat off. Now I expect price movement to level 1.618 according to Fibonacci up (also as happened to USD/TRY). It is confirmed also by technical indicators. Also I marked in the karsny color strong support and the price is directly naety level now.
Bought on 74.33
TP = 77.42
SL = 73.829
Information
USDINR ::: BULLISH :::DATE: 22 NOV 2021
INSTRUMENT: USDINR
TREND: BUY
TYPE: POSITIONAL.
TIME FRAME: DAY
CMP: 74.370
BUY ABOVE: 74.370
STOP LOSS: 73.933
TGT 01: 74.81
TGT 02: 75.03
TGT 03: 75.32
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
ULong
USD/INR Forecast: Indian Rupee on the RopesThe US dollar has gone back and forth during the trading session on Thursday as we hang around the ₹75 level. The ₹75 level in the past has been resistance, and it certainly looks as if it is the same situation now. I believe the market testing this major resistance barriers a sign of just how weak India is at the moment, as traders around the world continue to run away from risk. After all, with a new variant of coronavirus, a lot of people are a bit concerned as market participants continue to
ULong
USDINRThe US dollar has enjoyed a relatively large move to the upside against multiple currencies for the last couple of months. It has been no different againts the Indian rupee, as emerging markets in general have struggled. With concerns about increasing coronavirus figures, global growth slowing down, and simple inflation, the US dollar has been what most people have been willing to bet on.
Recently, we have seen the interest rates in America rise, only to turn back around as traders trying to
ULong
Exit from a triangleHi 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 be used to take action in the market.
USDINR ::: BULLISH :::DATE: 27 OCT 2021
INSTRUMENT: USDINR
TREND: BUY
TYPE: POSITIONAL.
TIME FRAME: DAY
CMP: .9183
BUY ABOVE: .9175
STOP LOSS: .9145
TGT 01: .9207
TGT 02: .9239
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
USDINRThe USD/INR is trading near the 74.9000 juncture in early trading today, after actually trading above the 75.0000 juncture briefly yesterday. Volatility in the USD/INR has increased as resistance levels have proven vulnerable and reversal off highs occur in swift choppy motions. After breaking through the 74.7000 level yesterday, the USD/INR saw an impetus of buying. While the pair has come off yesterday’s highs, the USD/INR continues to traverse within its upper price band.
Yesterday’s highe
ULong
USD/INR: section fast transactionsHi everyone! USD/INR pair approached important support line which lasts since September of last year. Technical indicators indicate the need at least corrections from this line. After achievement of level 73.60 it is necessary to look attentively behind dynamics of pair as after long accumulation of positions the explosive growth or falling is possible. Now pair is clamped in a triangle.
Buy on 72.94 (purchase from the trend line)
TP = 73.60
Information provided is only educational and sho
ULong























