USDINR Forecast & Technical Analysis Introduction This week the USDINR and other FX pairs on IQ Option 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 levels, technical chart patterns, […]
USDINR Forecast & Technical Analysis Introduction The Indian Rupee is not spared from the USD dominance as global traders and investors, including those on India forex, find shelter in the United States dollar following a worldwide increase in death count from the COVID-19 virus. Let’s move on to analyze the impact of some other fundamental […]
USDINR Forecast & Technical Analysis Introduction Last week, an increase in buying power as revealed on IQ Option India platform forced the USDINR out of the prolonged sideways market and flowing into a bullish trend. The recent surge in the exchange rate allows traders to buy into dips from an intraday perspective. Read on as […]
USDINR Forecast & Technical Analysis Introduction The Indian Rupee has been in a struggle with the USD on Iq Option platform, setting resistance levels that may or may not stand the test of time. This week, we’ll establish the resistance and support levels and reveal possible price trends around them. We’ll also touch on some […]
USDINR Forecast & Technical Analysis Introduction The Indian Rupee vs. USD ( USDINR ) listed on Binomo broker sites has been in a side-ways market structure for five months in a row as both pair struggle for control over the direction of the exchange rate. Although the range-bound market setup seems to favor the Greenback, […]
USDINR Forecast & Technical Analysis Introduction Traders holding positions on XM forex platforms are risk-averse in the long term as the Indian Rupee shows no strong sign of a major trend on the higher time horizons. This week, we take a closer look into the technical chart patterns that set up these support and resistance […]
USDINR Forecast & Technical Analysis Introduction The USDINR currency pair hits key resistance levels on IQ Option platform, a move that may result in a mid-term recovery of the Indian Rupee. Let’s analyze the charts and also look at this week’s fundamental drivers of the U.S. and Indian economies. India’s Fundamentals India Interest Rate Decision […]
USD/INR Forecast & Technical Analysis Introduction The USDINR maintains a strong bearish outlook on XM platform after the bears forced the price below significant support level as a result of positive fundamentals for the Rupee. Let’s take a closer look at these fundamental and technical events driving the exchange rates of the USD to INR. India’s […]
USD/INR Forecast & Technical Analysis Introduction Over the last four weeks, the Indian Rupee has suffered a battery from the USD on IQ option broker offering the pair to their pairs. You may want to check out our broker section for a list of such brokerages. In this post, we take a look into the […]
USDINR Forecast & Technical Analysis Introduction We’ve been following the marker trend dynamics of the Indian Rupee for a while on Binomo India platforms and it’s obvious the Greenback is becoming increasingly dominant against the INR. Let’s take a look at the charts and key macro-economic events for this week. India’s Fundamentals India Bank Loan […]