India Rupee has been rallying in last few days and made a new life time low today. Fundamentally Rally in Rupee is due to 3 Reasons as mentioned Broad dollar strength, Trend in crude oil prices and Emerging-market currency movements, The way LIRA crashed has an sentimental impact on all Asian Currencies. In Our Last… Read More »
India Rupee has been rallying in last few days and made a new life time low today. Fundamentally Rally in Rupee is due to 3 Reasons as mentioned Broad dollar strength, Trend in crude oil prices and Emerging-market currency movements, The way LIRA crashed has an sentimental impact on all Asian Currencies. On Technical Front… Read More »
Rupee breached the psychological mark of 60 per dollar,Rupee has rebounded 15%. In the January-March quarter alone, the rupee has gained 3.6%, making it the second best performer in the region. Lets analyze rupee move in coming week as we have crucial RBI policy. USD INR Hourly INR is trading at the lower end of… Read More »
In Our last analysis, Indian Rupee heading for 61-62 levels,Weekly Analysis Rupee made low of 61.5 and bounced back. Now lets analyze rupee movement for coming week. USD INR Hourly USD INR Hourly charts from MT4 platform are getting resisted at top of the Fibo channel any move above it can see rupee moving back… Read More »
In Our last analysis, Has Indian Rupee made Short term Top, Weekly Analysis Rupee made the top and started correcting achieved our last target of 64.4. Lets analyze where is Rupee heading in coming week we have crucial event as Fed Tapering and RBI Policy. USD INR Hourly USD INR Hourly charts have pulled back… Read More »
USD INR Hourly USD INR Hourly charts have pulled back from Fibo Channel and heading towards the support of 65. Holding the same bounce back can be expected. towards recent high again where it might form a double top and start its bearish journey. USD INR Daily USD INR chart As par Gann Fann INR… Read More »
The rupee fell past 69 to the dollar to a record low on Wednesday, plunging as much as 4 per cent to hit 69.08, The rupee has fallen by 9 % in the last few trading sessions. Here are 10 main reasons that experts say are responsible for the Indian rupee — which has depreciated… Read More »
Nifty has been falling like 9 Pins, Large Caps have turned to Mid Caps, Mid Caps into Small Caps. Retailers are running away from market, But one talk i always hear when i talk to anyone related to market FII’s are manipulating Indian Market and they never lose money. Well let me put some justification… Read More »
As per our last discussion Can rupee touch 65 to a dollar ? Rupee achieved the target today. Deutsche Bank came with an extreme bullish target of 70, Here are some expert of the Report The rupee recovered by 10 paise to 63.15 against the US dollar in early trade today after the RBI announced… Read More »
USD INR Daily USD INR chart is forming a double top pattern and any close above 62 will invalidate the pattern. Also many brokerage are coming out with aggressive target of 65-70 on INR. Which also gives an indication of going short in INR. As par Gann Fann INR is a top of fan suggesting… Read More »