USDINR Daily Trend Update

USDINR Spot Price

USDINR Daily Spot Price currently trading at the Exact Supports and in Buy mode for the past 48 trading days. Breaking and Trading below Rs53.90/USD on EOD basis will bring more weakness and likely a major contribution for lower inflation in the future.

Related Readings and Observations

  • USDINR Hourly Future Charts March Overview – I The recent strengthening of the USDINR currency is due to the continuous buying of FII's for the past 15 days into India Equity Market. Interestingly FII's are the net buyers for the past 4 months...
  • USDINR Long term Charts Overview USDINR daily charts are shown with Intratrend indicator. Currently charts are in sell mode since September 2013 and the long term resistance zone comes near 63.19. Breaking this 63.19 on EOD basis ...
  • USDINR December Futures Outlook – I USDINR hourly charts are currently in positional sell mode with resistance come around 63.373. Reverse your position to Buy mode is the resistance breaks on the hourly charts. There is a hope that ...
  • USDINR September Futures Positional update USDINR Futures turned to positional buy mode on the hourly charts with support coming around 66.59. Reverse your trade to positional shorts if the support breaks on closing basis.
Rajandran R

Rajandran is a trading strategy designer and founder of Marketcalls, a hugely popular trading site since 2007 and one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies. More From Rajandran R »

2 comments… add one

  • Abdul Lathif April 23, 2013, 7:39 am

    dear sir
    please send me supertrend indicator with afl code for mt4 software (I am a new trader) and wich one is best for trading mt4 or amibroker?

    Reply
  • RAJESH RANJAN PRUSTY April 26, 2013, 11:28 am

    I want live technical chart for usdinr.

    Reply

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About the Author

    • Rajandran is a Market Analyst and founder of Marketcalls, one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies.