Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
USDINR December Futures Outlook – I
13 sec read
USDINR Hourly Charts
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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 the Iran nuclear deal with world powers may lower the crude oil prices, which may support currency to gain strength further against dollar.
Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
Finally, the USDJPY strengthening came to an end from a short-term perspective. Last Friday USJPY rallied to 151.94 levels surging past the August 1990 high...
Finally, the dollar strengthening came to an end from a short term perspective. The dollar index tracks the relative value of the U.S. dollar...
3 Replies to “USDINR December Futures Outlook – I”
Hello,
There are many points above 63.2, how you find exactly 63.373
sir when live chart of usdinr , gbpinr,eurinr,jpyinr will open.That is useful for trading in currency .you are good advisor in trading strategies. thanks
Hello,
There are many points above 63.2, how you find exactly 63.373
sir when live chart of usdinr , gbpinr,eurinr,jpyinr will open.That is useful for trading in currency .you are good advisor in trading strategies. thanks
We are targetting by April 2014.