USDINR Forecast & Technical Analysis for Forex Introduction The USD seems to hold its own against the Indian Rupee as seen on online trading platforms despite a sharp plunge in the USD Index (DXY). Let’s touch on interesting fundamental events as well as technical chart patterns driving the USDINR exchange rate. India’s Fundamentals This week’s […]
USD/INR Forecast & Technical Analysis for Forex Introduction The USDINR shows a slowing in bearish momentum on platforms at Olymp Trade despite an upward trend on the NIFTY50 Index. Should we expect a slump in the exchange rate in favor of the Indian Rupee? Let’s follow a top down time frame analysis on the USDINR […]
USD/INR Forecast & Technical Analysis for Forex Introduction Since August’s previous bearish close, the USDINR pair has not been trending for a while, looking at the IQOption platform. We may see the USDINR pair reacts to the upcoming U.S. presidential election. India’s Fundamentals The report from India’s wholesale price showed an increase of 1.32% earlier […]
USD/INR Forecast & Technical Analysis for Forex Introduction The week is loaded with strong USD/INR fundamentals that will determine the market’s direction in the coming weeks as we see the reactions of the news on the XM forex platform. However, the U.S. presidential debate is another pointer for the online broker. Other investors want to […]
USDINR Forecast & Technical Analysis for Forex Introduction We know the U.S. dollar has been weak due to various factors like the effect of the second wave of COVID-19, the US-China trade war, and non-agreement on the second stimulus plan between the Democrats and Trump’s administration, among others. This week, we look into what the […]
USDINR Forecast & Technical Analysis for Forex Introduction The OlympTrade platform sees a sign of recovery for the Indian rupee after being weak since the beginning of the year. Let us look into the charts for better analysis. India’s Fundamentals The improvement in the US-China trade war negotiation and the news of the COVID-19 potential […]
USDINR Forecast & Technical Analysis for Forex Introduction The month of July has been an interesting one for the USDINR pair as revealed on options platforms such as s Binomo. It has witnessed high volatility due to the happenings around various economies around the globe. India’s Fundamentals Since the pandemic started, the Indian rupee has […]
USDINR Forecast & Technical Analysis for Forex Introduction India’s’ number of COVID-19 new cases is of concern to India forex brokers considering that it increases uncertainty in the Indian forex market. The number of new cases rose in some states in the USA because of negligence on individuals and state governments. Let us dive into […]
USDINR Forecast & Technical Analysis for India Traders Introduction The India forex market is another market that the OlympTrade traders are interested in because of the RBI decision on rate cut and how it may affect the market in the coming weeks. As the race to deliver the vaccine for Covid-19 continues, the government wants […]
USDINR Forecast & Technical Analysis Introduction The Indian Rupee as revealed on IQOption broker has been losing to the dollar for five weeks in a row, owing to adverse macroeconomic events, and technical chart and price patterns for gatekeeping. Let’s take a closer look into activities for this week. India’s Fundamentals India foreign Reserve (USD) […]