USD/INR

USD/INR – Price action is trading in a Range bound market.

Leave a Comment / Price action Technical analysis /

Indian Rupee is trading within 100 pips range from 66.00-67.00. Market sentiment is uncertain due to volatility and liquidity. Intermarket relationship between Nifty and USD/INR will play a major role in shaping the market structure. Nikkei Manufacturing PMI data releasing today can influence the investor perception on currency pair. Current Price value of USD/INR is […]

USD/INR – Price action is trading in a Range bound market. Read More »

Intermarket analysis – Nifty and USD/INR – April 2016

Leave a Comment / Price action Technical analysis /

The present relationship between Nifty and USD/INR is contradictory to each other. Market structure and Price action analysis on both indicates the correlation between assets in a clear way. Current Price value of Nifty is 7850.45 and USD/INR is 66.60. Foreign investors are dominating the Market sentiment in Nifty and their behavior is moving price

Intermarket analysis – Nifty and USD/INR – April 2016 Read More »

USD/INR Technical analysis – Price action testing important support levels

Leave a Comment / Price action Technical analysis /

The Indian Rupee is one of the worst performers in Asian currency this calendar year with recording depreciation of 3.55%. It is attributed to over-supply of Bonds and increasing government deficit. Macro economic factors and global uncertainty is casting a shadow on INR and influencing bearish sentiment. Read About USD/INR Long term analysis here… Price

USD/INR Technical analysis – Price action testing important support levels Read More »

How USD/INR might Influence upcoming RBI’s decision

2 Comments / Price action Technical analysis /

The slumping price of USD/INR and an expansive budget will probably prevent Indian central bank Governor Raghuram Rajan from cutting interest rates on Tuesday. Rupee’s 2.3 percent loss this year, risks worsening inflation if Prime Minister Narendra Modi cuts stimulus spending rather than subsidies. The fiscal and inflation risks could feed into and worsen the

How USD/INR might Influence upcoming RBI’s decision Read More »

USD/INR PRICE ACTION ANALYSIS

USD/INR PRICE ACTION ANALYSIS: WATCH THIS KEY LEVEL

Leave a Comment / Price action Technical analysis, Uncategorized /

“So folks just watch out the USD/INR Price action around the zone 64.25-64.00. Also keep an eye on this week’s economic calendar and News events”. This is following weekly chart of USD/INR. There are few things we can point out by looking at this chart. USD/INR has fallen down from 67.00- 64.50. From last 3

USD/INR PRICE ACTION ANALYSIS: WATCH THIS KEY LEVEL Read More »