The unexpected decision by the RBI to hold off on raising interest rates was unsuccessful in pushing USDINR higher for three reasons: The RBI showed shrewdness by adopting a flexible approach. In case inflation starts to inch up, they have left the door open for rate hikes. The US Dollar is weak globally, which benefits… Read More »
Our USD INR weekly analysis is a comprehensive report that provides you with all the information you need to make informed trading decisions. The report covers a wide range of topics, including Gann Harmonic and Astro Analysis. USD INR Gann Angle Chart Price continue to get rejected from resistance of 83. USDINR remains ranged… Read More »
USD INR Gann Angle Chart The USDINR price is facing rejection from the resistance level of 83 USD INR Plannetary Support and Resistance Line Indain Rupee is below Venus Plannetary line heading towards 82.25/82.50 USD INR Harmonic Price is heading towards 81.50 as GARTLEY pattern got completed. USD INR Astro/Gann Trend Change Date Major Trend… Read More »
Weekly Trends: As of the week ending on March 4, 2023, the USD INR currency pair is trading at around 81.66. Over the past week, the pair has been in a downtrend, with the Indian Rupee strengthening against the US Dollar. The pair started the week at around 83 and reached a low of 81.71… Read More »
In last one month, economic data from US has completely surprised the market. Be it jobs report, retail sales, CPI inflation, PMI number or FED’s favourite inflation gauge – PCE, all seem to convey only one message that FED would be under tremendous pressure, not only to keep rates higher for longer but also go… Read More »
USD INR Gann Angle Chart Price is near Important Gann urn Date on 20 Feb and near resistance of 83. USD INR Plannetary Support and Resistance Line Indain Rupee is above Venus Plannetary line heading towards 83.25/83.50 USD INR Harmonic Price is heading towards 83.50 to complete SHARK pattern. USD INR Astro/Gann Trend Change Date… Read More »
USD INR Gann Angle Chart Price back to 2X1 gann agnle and heading lower towards 82 USD INR Plannetary Support and Resistance Line Indain Rupee breakdown below Venus Plannetary line heading towards 82.25/82 USD INR Harmonic Price is heading towards 83 to complete SHARK pattern. USD INR Astro/Gann Trend Change Date Major Trend Change date… Read More »
USD INR Gann Angle Chart Price back to 2X1 gann agnle and heading lower towards 82 USD INR Plannetary Support and Resistance Line Indain Rupee breakdown below Venus Plannetary line heading towards 81/80.75 USD INR Harmonic Price is heading towards 79 to retest the C leg USD INR Astro/Gann Trend Change Date Major Trend Change… Read More »
The coming week is very busy for the FX markets, there are a lot of data releases from almost all the major economies. For starters we had the Eurozone and the UK coming out with their PMI data, and as we head into the week we have the US PMI, manufacturing index, US GDP and… Read More »
USDINR pair face rejection the moment it gets anywhere close to the 83.00 mark. So, in the coming week this level will continue to be the key level we will be watching. On the downside we might see support near the 82.00 level. It is looking like a rounded top formation is happening. Such formation… Read More »