As discussed last week USD INR achived all target above trend deciding level 55.20.USD is very near to ots life time high of 57.28 and any close above 56.4 will lead towards the life highs. Lets analyze USD INR technical for coming week. USD INR 4 Hour Chart USD INR 4 hour chart will enter… Read More »
As discussed last week USD INR has given a breakout above 53.84 and closed above the breakout level for 1 week. S&P negative outlook and rising current account deficit add more pressure on rupee. Lets analyze USD INR technical for coming week. USD INR 4 Hour Chart USD INR 4 hour chart has broken out… Read More »
USD INR 4 Hour Chart USD INR 4 hour chart is trading in a downtrending channel,with support coming at 53.84. On Upside range of 54.18-54.21 is all important zone of resistance. So range bound move to continue. USD INR Daily Chart As per Daily charts INR is trading below 20 DMA.USD INR broke the rising… Read More »
USD INR 4 Hour Chart USD INR 4 hour chart is trading in a downtrending channel,with support coming at 55.58. Opened with a gap down today,looking at charts it seems the opening gap will be filled. USD INR Daily Chart As per Daily charts INR is trading below 200 DMA from past 19 days. Trading… Read More »
USD INR 4 hour chart is trading in a perfect symmetrical triangle , volatility has almost died signalling the advent of big move in round the corner. This is what we discussed 2 days ago USD INR is trading at 1 month low and very near to breakout on weekly charts, signalling another big upmove… Read More »