Posts Tagged ‘USD/INR’

In this video, the Trader Guy looks at the currency pairs USD/BRL and USD/INR for the January 18th session. USD/BRL — The trading session was slightly bearish on Friday session. It looks like this market will continue to see sideways price action. Rallies will continue to see selling pressure and you can sell them on signs of exhaustion. A breakdown below the 5.00 level is also bearish. USD/INR — The dollar is […]

In this video, the Trader Guy looks at the USD/INR pair for the January 12th session. USD/INR — The dollar rallied against the rupee on Monday session, but gave back the gains to form a bearish candlestick. So, a pullback looks more likely, and the next support could be located at the 73.00 level. So, you can sell exhaustion at the moment. This is an emerging market currency. So, pay attention to the US dollar index, and fading […]

In this video, the Trader Guy looks at the currency pairs USD/BRL and USD/INR for the  January 5th session. USD/BRL — Though the dollar pulled back initially, it found support, and rallied towards the 50-day EMA. The 5.30 level is seen as the psychological barrier offering strong resistance. Also, this is seen as the beginning of the supply zone, with more levels above offering resistance. So, fading first signs of exhaustion is […]

In this video, the Trader Guy looks at the currency pairs USD/INR and USD/BRL for the  December 30th session. USD/BRL — The US dollar tried to rally over the last few sessions, but failed. However, the 5.17 level has offered support. A breakdown below this level looks likely at the moment. So, rallies that show signs of exhaustion are seen as selling opportunities at the moment. USD/INR — The pair is testing the 73.00 […]

In this video, the Trader Guy looks at the USD/INR pair for the December 28th session. USD/INR — The trading session was slightly bearish on Thursday session. The next support could be located at the 73.00 level. Volume is going to be an issue due to Christmas celebrations across the world. To the upside, the 75.00 level is major resistance, and a psychological barrier. A breakdown below the 73.00 level is very bearish This pair is driven […]

In this video, the Trader Guy looks at the USD/INR pair for the December 23rd session. USD/INR — The market saw a sideways price action on Tuesday session. The market is also influencing a low volume at the moment. Pay attention to the US dollar index as it could be the fundamental driver behind this pair. This market is also influenced by risk appetite at the moment. The holiday season is going to keep the volume low at the moment. […]

In this video, the Trader Guy looks at the currency pairs AUD/USD and USD/INR for the  December 18th session. AUD/USD — The Aussie looks resilient at the moment to break above the 0.7600 level. The 0.7750 level could be the next target. So, pullbacks are buying opportunities. Taking a short position is not seen as a rewarding trade at the moment. USD/INR — The stimulus talks in the US is influencing this pair at the moment as this pair […]

In this video, the Trader Guy looks at the USD/BRL pair for the December 1st session. USD/INR — The US dollar rallied initially on Monday session, but then gave back some of the gains as the 73.00 level offered resistance. A breakdown below the recent lows is very bearish and the next target could be the 72.00 level. So, rallies that show signs of exhaustion are likely to be selling opportunities. The investors are trying […]

In this video, the Trader Guy looks at the USD/INR pair for the September 2nd session. USD/INR — The pair fell initially on Tuesday session, but then recovered at the later part of the session. This pair looks very bearish at the moment. Hence, short-term bounces are to be faded, and you can sell them on signs of exhaustion. A break below the bottom of this candlestick is a sell signal. Then the next target to the downside could be […]

In this video, the Trader Guy looks at the USD/INR pair for the August 31st session. USD/INR — The pair looks very bearish at the moment due to the comments from Jerome Powell, the Fed President about the interest rates. The next support could be possibly located at the 71.50 level. Hence, on signs of exhaustion, you can sell rallies at the moment. The 200-day EMA should be now capping rallies and this market will likely roll […]