Where doe the Government earn from and where does it spend - thats what the budget document tells us. This video touches these aspects of the budget document - Revenue Receipts, Revenue Expenditure, Capital Receipts, Capital Expenditure, Revenue Deficit, Fiscal Deficit and expenses like interest and pensions
USDZAR seem to be programed not to trade below the 18.00 price. I would really like to see a small pull back before we shhot up, its gonna be a sniper entry or nothing, you can set an pending order for buy or patiently wait for manual execution. Remember to use pro risk management. Lets Download Success.
Date: 3rd July 2024 Time: 7:40 PM Why USDINR? 1. Everyone know INR is getting weaker against USD day by day, and same thing happened here since Oct 2022 but inside Rising Wedge Pattern in Weekly TF. 2. In Bigger view This Rising Wedge Pattern has formed around resistance line off Bigger Flag in Monthly TF. (Red Doted Line) 3. This pattern can...
Maharashtra Government announced the interim Budget today for 2024 - 25. The effort is laudable as it has tried to rein the revenue deficit and also reduce borrowing.
Karnataka has increased its expenses and has not provided for any income increase of the same magnitude. Due to this the state is facing fiscal problems. It is simply resorting to borrowing more to fund its populist programmes. This is a sure receipe for disaster.
FX_IDC:USDINR Watch Guys Good Pattern For Big Move Upside or Downside
Symbol - USDTHB USDTHB is currently trading at 37.064 I'm seeing a trading opportunity on sell side. Shorting USDTHB pair at CMP 37.064 I will be adding more if 37.400 comes & will hold with SL of 37.620 Targets I'm expecting are 36.400 - 36.000 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position....
RBI has restricted retail people from trading in usdinr. for long time RBI has restricted usdinr in the range of 82,75 to 83.30 for more than a year Now this level is broken and usdinr is seen trading above 83.30 easily for long duration in spot. This is positive for IT companies like Infy and TCS. May be because of this Infy seen taking good support for several...
Symbol - USDSEK USDSEK is currently trading at 10.96650 I'm seeing a trading opportunity on sell side. Shorting USDSEK pair at CMP 10.96650 I will be adding more if 11.03000 comes & will hold with SL of 11.10000 Targets I'm expecting are 10.81000 - 10.73000 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis...
Last week, I took long position in UDMXN at 16.66000 & Closed at 16.92500 Closed that position in more that $5000 profit in just 2-3 days. My long setup is formed again in USDMXN Taking long positions here at CMP 16.67000 My SL would be 16.62000 Target I'm expecting is 17.00000 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing...
USDCAD is forming a corrective formation for a movement to the upside & has high possibility to reach at the target of 1.38992
Symbol - USDSEK USDSEK is currently trading at 10.80500 I'm seeing a trading opportunity on sell side. Shorting USDSEK pair at CMP 10.80500 Holding with SL of 10.84000 Targets I'm expecting are 10.60000 & 10.48000 This is a high risk trade with small SL & big targets. Let's see what happens! Disclaimer - Do not consider this as a buy/sell...
NZDUSD is expecting to reach to the downside after having a reversal formation & has a clear movement to the downside.
EURUSD is forming a movement to the downside after forming reversal. Currently formed correction on 4h timeframe.
ETHUSD Which is showing a great opportunity ETHUSD is at make it or break it Level. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Al though a wedge top has formed on USDINR. Reserve Bank of India may be a villian and stop Indian rupee from appreciating. i.e. stop USDINR falling too far.
EURUSD is looking for short opportunity after forming correction for a movement to the downside.