Category Archives: USD INR

USD INR Weekly Analysis 22 April- 26 April 2024

By | April 21, 2024 8:31 am

In the face of continued robust US global commodity prices despite a thriving economy, controlling inflation is proving increasingly arduous. Traders’ expectations for rate cuts by the Fed have dwindled from six or seven to barely two by the end of 2024. However, the lingering anticipation of Fed generosity, especially during an election year, sustains… Read More »

Sun Ingress :USD INR Weekly Forecast

By | February 18, 2024 8:37 am

USDINR remains confined within a range, lacking any significant catalysts to prompt a breakout. The support zone hovers around 82.80/90, while resistance looms near 83.20. Traders might consider selling around 83.10/15 with a stop above 83.20 on a spot basis. Conversely, buying near 82.90 with a stop below 82.80 on a spot basis could be… Read More »