USDINR : Cup & HandleWeekly Chart showing Cup & Handle pattern. Target 1 : 77 Target 2 : 79 Longby Purvishdiwanji2
Indian Rupee under pressureUSDINR is at 18 months high. But it faces negative divergence with RSI.by NACHATUR111
Watch out U turn at Resistance levelsUSD/INR is facing resistance at current levels and may take a U turn for tgt of 40-50 paisa. This is my own analysis and for educational purpose only.Shortby Utsav_A113
shorting opportunity of USDINRUSDINR is mittigating 2 very strong orderblocks and more over forming RSI DIVERGENCE , so we can look for shorting opportunituesShortby karansharda0071
usdinr bull moveusdinr as per chart usd getting power while inr loosing the same the pair given a breakout thus shorting inr and buying usd as per above will work usd may move beyong 75.5 zone as well while support at 73 areas Longby pratik2358112
USD/INR viewISD/INR is important in many ways to understand Nifty movement. (Nifty has negative co-relation with USD/INR) Current consolidation is showing 72.3 as good support. While Lower High formation is still intact so weakness is still existing. First Higher Low at 74.9 can indicate fading of weakness but let us wait to see if it is taken out or not. 200MA is horizontal means we are in sideward phase. Above Blue trendline will indicate strength else it will continue to be sideways. (currently it is 74.75) by yndesaiUpdated 3
USDINR completed harmonic pattern (Educational Purpose)USDINR has completed harmonic pattern with MACD and RSI support, see it's useful for education.by DILIPDARJI1
USD INR BreakoutAs the currency pair has broken out there is a possibility of a rally. We can enter at the point of retest with a SL below trendline and a target neat swing high for a RR of 2:1. The price may rally or retest the trendline before rallying further.Longby tradewidmufeeth5
#usdinr weekly inverted hammerThe USDINR currency pair charts weekly charts showing an inverted hammer formation at previous resistance zone close by trendline channel top shows the presence of bears and could be potential reversal signal that could possibly mean it is less likely for the currency pair to move to 76 levels and beyond. The dollar index may be facing resistance before 94.7. However the weekly momentum has climbed back to bull zones second time after the cover wave one where first attempt never sustained. The weekly trend is also is bull zones but the ADX strength bent is seen on short term daily charts that is saying that trend strength may be reducing coming days. With the US tapering that could come in soon dollar further strengthen is a threat for those trading short on this with any breakout from the current resistance zone would be ugly. USDINR options strangles can be played if it breaks and hit the next resistance of near 77 levels on November monthly contracts.by seekedgetrade994
Pole and flag pattern in usdinr 15 min chart If the upper trendline of flag breaks , the pole length can be assumed as final target @75.90Longby rohitrockstar2182
USD breakoutThis analysis is done for educational purpose only. As we can see USD has given breakout on weekly charts. USD and nifty are very well connected to each other and rise in USD can lead to profit booking in Nifty. This is a temporary phase in the market, therefore, next couple of weeks we can see profit booking in Nifty. One can long USD and short Nifty to hedge. Educationby AbNamjoshi0
USDINR 21 SEP WEEK 1 ANALYSISThere is a good buying opportunity available as far as i can seen , can be good risk to reward tradeLongby mohit_jkUpdated 8
USD/INR: Monthly viewOn monthly basis, USDINR is in uptrend. Go long Keep SL of 72.5, once closes above 75.75...next target 78-79 Longby ArvindSavant2
Dollar weaknessUsually a massive downward movement results in a spring like rebound but when price breaks down a key level and two massive supports i.e. the 50EMA and 200EMA, the psychology overtakes the physics. Monday would be crucial in determining the next levels. It would be the right move not to take long positions unless it moves above the 200EMA. If the rsi peeks into oversold regions, then the rebound would be very strong. But given the global cues regarding current situation of Afghanistan, rebound is likely to be gradual. Future price predictions are Date Weekday Rate Max Min 30.08 Monday 72.81 73.90 71.72 31.08 Tuesday 72.74 73.83 71.65 01.09 Wed 72.81 73.90 71.72 02.09 Thursday 72.82 73.91 71.73 03.09 Friday 72.60 73.69 71.51Longby daerontradingUpdated 3
Avoid whipsaw using Bollinger Band breakouts.When price is in between Bollinger Bands, its a whipsaw zone. Enter when price breaks out the extremes of the bands. by AbhinavAsthana0
USDINR Important Support and ResistanceUSDINR Important Support and Resistance Be very cautious when price is around these levels.A breakout can be trailed for maximum profits. Shortby jitendrarathor1
USDINR...Closed above Monthly Bearish Level.... We can see 73.8899 soon that's the monthly Bullish level... Only above monthly bullish level...74.09-74.05 level soon.... Like... Share.. Follow...Longby emraldconsul2
USD/INR Upcoming SessionIn USD/INR is weakness created against Indian market is going high, after a fall it consolidate in a specific range, after consolidation it should be gone a big fall.Shortby TIP_Vks1
Forex Cup patternCup pattern at USD INR The Price can move either ways be carefull. by Vivek_Kumar_Mahobiya0
Currency upcoming sessionPut after fall 74.0440 Just wait , and always bur in carry forward position.Shortby TIP_Vks220
#USDINR slipping within channel#USDINR first week after previous months gravestone doji seems working and it lost grip of previous resistance and now is heading down to channel median with 3 bearish candles. Momentum is resisting on rsi second time each time attempt to break hit channel top.Shortby seekedgetradeUpdated 3