As interest rates rise in the US and US dollar strengthens emerging markets (EM) have to export more for the same amount of US dollars. The other option is for EM exporters to the US to raise prices which is inflationary or both. Either way foreign investment capital leaving the shores of EM could lead to an Asia currency crisis 2.0. Turkey Sri...
Bullish above those levels this chart for study purpose only don't take trade with this
INRUSD : it could respect R level rectangle area on chart after heavy breakout of Pause 1, FX_IDC:INRUSD
As the longer timeframe is in downtrend sell at higher price and book profit at low price.
now inr 50% down side move.because major (res) brokan and re test coming after market move up side
looking bullish 32000 and 32200 target
Devaluations race has just begun
mcx gold if cross 32000 then next target 32700
The price action is forming a bearish shark and a bullish gartley insha Allah, the short position area and long position areas are mentioned according to gartley. Regards, Atif Akbar
Smart money take position from INR. This triangle seems bullish.
Hi guys. I meekly think this could be a low risk trade. Thank you for taking a look.
INRUSD will touch 0.01497 in Less than Two Weeks time