Forex

USDINR Divergence and Fisher Transform

USDINR Daily charts are showing clear divergence when fisher transform indicator is applied over the charts. Fisher transform generally converts any probability distribution to...
Rajandran R
19 sec read

EURUSD Forming W Pattern – Short term Outlook –…

EURUSD is consolidating on the monthly and Weekly timeframe and negative sentiment prevail there. However on the Daily charts trading sentiment turned positive. Since...
Rajandran R
22 sec read

Will the Dollar Get Weaker Under President Trump’s Administration?

Since 2014, the Dollar has increased by 25% against a basket of major currencies. After President Trump’s election, the value of the greenback has...
Rajandran R
1 min read

GBPUSD Long Term Trend Reversal in Play?

Pound is trading around 1.2494 and currently monthly sentimental RSI turned positive and likely to continue positive in the long term. It had almost...
Rajandran R
33 sec read

Here’s What Makes Elliott Waves a Useful Forex Tool

Some Elliott wave forex traders do watch the news — but for different reasons By Elliott Wave International Last Friday, EURUSD rallied strongly. Said...
Elliott Wave
2 min read

U.S. Elections May Affect Online Forex Trading

Any trader of foreign currencies likely understands the influence that both local and international politics have on currency values. Successful online forex trading involves...
Rajandran R
1 min read

USDJPY Trend Analysis – Aug Overview

USDJPY is in the downtrend for the last 10 months. Overall Volatility and downtrend momentum weakened in the last 4 weeks with the sideways...
Rajandran R
23 sec read

USDJPY Trend Analysis – July Overview

USDJPY Monthly charts are in declining mode for the last 9 months and consecutively keep on making lower lows and lower highs. And from...
Rajandran R
37 sec read

Is the USDINR Braced to test All time High?

After Dr.Raguram Rajan's(RBI Governer) announcement that he will not continue in office for the second term, stock markets on Monday reacted with gap down...
Rajandran R
39 sec read

[Interesting Charts] USDINR Divergence Charts

Interesting Divergence behavior in USDINR Daily charts while trying to use Fisher Transform indicator by Ehlers. Almost every divergence as shown in the above...
Rajandran R
21 sec read

Soon Traders Can Trade in Cross Currency Derivatives

Recently SEBI has approved stock exchanges to introduce cross currency derivative contracts (futures and exchange traded options) in multiple cross currency contracts. Approved Cross...
Rajandran R
46 sec read

Foreign Reserves Explained in Simple Terms

Foreign Reserve is a foreign currency hold by country's central banks (RBI) and also by major financial institutions to meet their international payment obligations...
Kalaivani Pandian
1 min read