The Indian Rupee (INR) is seen reversing Tuesday’s pullback to near 70.00 levels against its American peer, knocking-off the*USD/INRcross back towards the 69.60 region
The Indian Rupee (INR) is seen reversing Tuesday’s pullback to near 70.00 levels against its American peer, knocking-off the*USD/INRcross back towards the 69.60 region
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Muhammad Muhammad (2020-02-28), Muneer7171 (2019-05-23), Rehan218 (2019-05-22), SDK (2019-05-23), zainm6050 (2019-05-22)
The pair is falling within the uptrend. At present, the rate is 70.5225. Strong resistance level in the range of 68.7630 - 69.6083. On the daily chart, the technical indicators have not yet made an accurate selling signal, but there is an inconsistency in price in the RSI indicator. I propose to consider short positions under SMA 50 per hour with the target of ~ 69.9 424. After deciding the price above the local maximum, an optional scenario is relevant.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Muhammad Muhammad (2020-02-28), Muneer7171 (2019-05-23), Rehan218 (2019-05-22), SDK (2019-05-23), zainm6050 (2019-05-22)
The pair is falling within the uptrend. At present, the rate is 70.5225. Strong resistance level in the range of 68.7630 - 69.6083. On the daily chart, the technical indicators have not yet made an accurate selling signal, but there is an inconsistency in price in the RSI indicator. I propose to consider short positions under SMA 50 per hour with the target of ~ 69.9 424. After deciding the price above the local maximum, an optional scenario is relevant.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Muhammad Muhammad (2020-02-28), Muneer7171 (2019-05-23), Rehan218 (2019-05-22), SDK (2019-05-23), zainm6050 (2019-05-22)
Right now the usd/inr rate 69.547
Today the suitable selling point will be 69.490
And today the most suitable buying point is 69.615
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146 (2019-05-22), Muhammad Muhammad (2020-02-28), Rehan218 (2019-05-22), SDK (2019-05-23), zainm6050 (2019-05-22)
usd/inr
My Resistance and Supporting level of this pair is,
My Resistance level of this pair is,,
Resistance 1: 70.5798
Resistance 2: 70.8117
Resistance 3: 71.0731
My supporting level of this pair is ,,
Supporting 1: 70.0852
Supporting 2: 69.8239
Supporting 3: 69.5926
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Muhammad Muhammad (2020-02-28), NAZ (2019-05-22), Rahim217 (2019-05-22), SA148P (2019-05-22), zainm6050 (2019-05-22)
SUPPORT AND RESISTANCE LEVEL FOR TODAY
Pivot Point is 69.906
Support 1 69.521
Support 2 68.905
Support 3 68.519
TREND: NETURAL
Resistance 1 70.522
Resistance 2 70.907
Resistance 3 71.523
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usd/inr
My Resistance and Supporting level of this pair is,
My Resistance level of this pair is,,
Resistance 1: 70.5798
Resistance 2: 70.8117
Resistance 3: 71.0731
My supporting level of this pair is ,,
Supporting 1: 70.0852
Supporting 2: 69.8239
Supporting 3: 69.5926
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The reason for a weak gold lays in the stronger USD. EURUSD is currently close to the monthly lows with huge chances to go even lower. The situation here is very simple. On the 13thof May sellers defended a major horizontal resistance and on the 16th, they broke a major dynamic support. After those two actions, the signal to go short is pretty strong.
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Muhammad Muhammad (2020-02-28), Rahim217 (2019-05-22), zainm6050 (2019-05-22)
The next one is Gold, where we also are under the influence of the false breakout pattern. That false breakout happened after the price broke the upper line of the bullish wedge pattern. Instead of climbing higher we reversed and went lower. Now, the price is below two major resistances, fighting on the last hope of buyers – a yearly up trendline.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Muhammad Muhammad (2020-02-28), Rahim217 (2019-05-22), zainm6050 (2019-05-22)
Usd inr pr agr hum work kara ga tu huma bhe us ma say achi earning bhe hum sirf forex trading say kama sakhta hai us leay huma bhe achi bt karne ho ge jesa huma acha profit bhe hum earn kar sakhta hai
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Muhammad Muhammad (2020-02-28), Rahim217 (2019-05-22), zainm6050 (2019-05-22)
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