One more closing under the green zone will indicate the downtrend continuation.
If it’s not a fakeout, we will see the following levels.
Targets: 1.33111 – 1.31418 – 1.30478
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UPDATE : Trading Strategies & Signals for USDINR
What had i said about USDINR yesterday? click here
Attention: USDINR is reforming to the top.
Crucial Level: 67.726
Targets: 68.244 – 68.553 – 68.876
The crucial level breakout can show 67.397 – 67.152 levels.
USDINR touch the first target : 68.244.(high : 68.550)
Seller’s pressure on usdinr increasing, Is USDINR touch next targets?
KEEP IN TOUCH for more UPDATE.
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Trading Strategies & Signals: USDINR, USDCAD, EURUSD & USDJPY.
USD/CAD: Analysis and Forecast for this week.
We will see Canadian Dollar is reaching 61.8% Fibonacci retracement in this week.
USDCAD is targeting 1.29186-1.30000-1.30778 level.
Support found at the 1.28310 level. If USDCAD crossover the support level, you can see 1.27815-1.27443-1.26638 levels.
Attention: USDINR is reforming to the top.
Crucial Level: 67.726
Targets: 68.244 – 68.553 – 68.876
The crucial level breakout can show 67.397 – 67.152 levels.
USDJPY is cooking something special for currency day traders. Be careful!
USDJPY will it remains between 110.597-112.549 levels?
What is indicating S.O.?
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What’s Next For EURINR
The EURINR is oversold in previous two trading sessions, but that does not seem to matter. NSE Currency traders may buy this pair nearby 80 level.
Target: 81 – 81.5 – 82
Is it the right time to pick GBPINR?
The day trader can buy GBPINR pair up to 94 rupees. We may see a reversal soon. After a reversal end, you could buy this pair for the 96 level.
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JPYINR Shorts Extreme
Forex: High Volatility on Indian based currencies
What had I said about JPYINR?
Click here for article…
According to secret sources, JPYINR will try to break the 58 level. If this pair will show closing above 58 level then we may see 58.4-59 levels. And we see closing below the resistance line (red) can be a direct indication it will hit 56.8 – 56.2 levels soon.
Touch the first target 58.4 and going to touch the second target.
EURINR – Bullish Mode Activated!
EURINR suggesting a bullish pattern, support found at 78.4118 level.
You can see 79.1853 – 79.4737 – 80.0025 levels soon.
If crossover and close below the support level, you may see 78.1588-77.8300 levels.
AUDINR – Must Watch
Australian Dollar, Indian Rupee technically stronger for buyers.
You can target 51.882 – 52.389 levels.
If AUD INR closes below the 51.298 level, you may see 50.992 – 50.612 levels.
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Indian Rupee Brazil Real
INRBRL is technically weak, you may see 0.04902 – 0.4855 – 0.04797 levels soon.
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USDINR & JPYINR: Moving Sharply
JPYINR – Continued Bullish Pressures
According to secret sources, JPYINR will try to break the 58 level. If this pair will show closing above 58 level, then we may see 58.4-59 levels. And we see closing below the resistance line (red) can be a direct indication it will hit 56.8 – 56.2 levels soon.
USDINR – Continued Weakness, But…
Support: 63.75 level
Strong Support: 63.5 level
Supports breakout will indicate a downtrend. I recommend selling after the breakout of support levels.
Targets: 63.15 – 62.6 levels
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