As we have talked in past post
#DXY is high and after CPI result it has break up side.
same for #USDINR #US10Y
Till it has chance to more fall and here i have added some supports in this post.
you can find your levels and analysis then take trades.
More to indian market has looks fall to come soon as it making pattern like that but all game of news and data...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
All factors seem to be falling in place for Indian Economy. And that will likely translate into huge gains for Indian currency, bonds and equities. This update speaks about the signals visible at the beginning of 2024.
Short Strangle: Sell an OTM call and an OTM put.
Weekly Duration: Initiating the trade on Monday and closing it by the expiry date, which is typically the end of the week for weekly options.
Profit from Time Decay: Options lose value over time, which benefits the seller.
Range-bound Market: If USD/INR stays within the...
Rupee stayed almost flat against the $ in 2023, depreciating 2% whereas other EM currencies depreciated more than 4%.
Equities soared in 2023 and if things go as they are appearing, then 2024 promises to be even better. There is lot of hop and optimism in the air already about Indian economy and that will most likely translate into higher returns for Indian...
India has managed to keep its public finance in control and focus on capex led growth. That has ensured that India managed to stay afloat during the storm and now that the storm has subsided, India is on its way to race at higher knots.
This video is an update on the latest global macro developments
As the US Inflation numbers came soft, all doubts about Fed hiking rates in December were gone. That led to all currencies strengthening against the $. US Yields colled off, Dollar Index came down and US Equities soared.
Indian markets also joined the party. The Rupee made strong gains making new multi week highs. G Sec Yields came off highs and Sensex and Nifty...
USDINR is currently forming a symmetrical pattern, which is a consolidation pattern that can precede a breakout in either direction. Swing traders should wait for a clear breakout before taking a position.
Trade with Symmetrical Patterns: A Simplified Guide
Symmetrical triangles signal potential trend pauses or consolidations. Breakouts from these patterns...
Over the past few days, there has been a steady fall in Indian yields, largely due to fall in US yields and falling crude oil prices. The rupee has been stable for over a year now; it is this kind of predictability in the economyu that makes India an attractive investment destination vis-a-vis its peers.
As we approach Mahurat Trading, we are crucial resistance...
Looks Bulls are entering which kept market floating for past 2 days might get good movement by tomorrow or expiry, if open without gaps or open in previous days range.
- As per trend analysis bulls making lower highs as support may hit 43800
- Bullish move above 43800 , Resistance at 43970
- 43600 may act as support & resistance both.
- 43400 support on down...
As US Yields cool off a tad bit, it results into Dollar index cooling and Rupee strengthening. Our Forex Reserves increased, our yields fell and our benchmark equity indices soared. India's maiden 50 year bond issue was oversubscribed and that shows how much interest and confidence there is about India over the coming few decades.
India's largest Festival season...