As discussed last week post USD-INR will it hit all time low, Weekly forecast USD INR achieved all target above trend deciding level.Lets analyze USD INR technical for coming 4 days after rupee opened at a record low on Tuesday USD INR 4 Hour Chart USD INR 4 hour chart is trading at… Read More »
Dollar trading at 3 year High As discussed US Dollar at 3-Year High USD has touched its 3 year High at 84.3, US stock market are at life highs,Strength in USD indicated recovery in US economy, We have seen a slew of data indicating the same. Housing Market is recovering, Job situation is improving which… Read More »
As discussed INR hit all time low against USD so lets analyze how will falling rupee affect the budget and personal finances of common man. Here’s how a weak rupee will affect “Aam Adami” 1. Increase in Petrol and Diesel Price: Indian is largest importer of crude oil. With Rupee trading at all time low… Read More »
Indian Rupee breached its all time low of 57.32 and made a new all time low at 57.87. Disappointing data from China and slightly better-than-expected US jobs data have put more pressure on Rupee. The rupee has been falling sharply since the start of May on concerns that the U.S. Fed may withdraw its monetary… Read More »
Rupee breached the sacrosanct 57 mark in today’s trade which was last seen on 28 June 2012 plunged almost 5% for the month of May. Rupee is very near to its all time low of 57.32 Reason for Rupee Hitting 52 Week Low 1.Dollar trading at 3 year High As discussed US Dollar at 3-Year… Read More »
As discussed last week USD INR achieved all target above trend deciding level 56.USD is very near to ots life time high of 57.28 and any close above 56.75 will lead towards the life highs. Lets analyze USD INR technical for coming week. USD INR 4 Hour Chart USD INR 4 hour chart has closed… Read More »
As discussed in Morning post Rupee is trading near 8.5 month low,it has plunged almost 3% for the week. FII have been pumping money in India from the start of 2013 and for May alone we have seen flows of $3 Billion mainly in Equities and Debt market. Also with $5.9 Billion Dollar Open offer… Read More »
Indian Rupee is trading at 9.5 month low and has given a breakout above 56. Rupee is currently trading at 56.15 and is heading towards its next important resistance of 56.47. Closing Above 56.47 on weekly basis rupee is all heading towards its life high of 57. USD INR 4 Hour Chart USD INR… Read More »
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 »