- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/INR Price Analysis: Indian Rupee prods key hurdle for bulls around 81.80 with eyes on US NFP
USD/INR Price Analysis: Indian Rupee prods key hurdle for bulls around 81.80 with eyes on US NFP
- USD/INR stays well-set for three-week losing streak, down for the fourth consecutive day.
- Indian Rupee buyers take a breather at 11-week-old ascending trend line.
- Clear break of upward-sloping previous support line from September 2022, bearish MACD signal favor USD/INR sellers.
- Convergence of Five-month-old support line, 200-DMA appears a tough nut to crack for pair bears.
USD/INR bears poke a multi-day-old support line around 81.80 as it braces for the third consecutive weekly loss on early Friday. Apart from the stated support line, the Good Friday holiday and cautious mood ahead of the US Nonfarm Payrolls (NFP) release also challenge the Indian Rupee (INR) pair.
Also read: Nonfarm Payrolls Preview: Markets fear depressing data, three scenarios for the US Dollar
It’s worth noting, however, that a daily closing below the support-turned-resistance line from the last September, around 82.00 by the press time, joins the bearish MACD signals to keep USD/INR sellers hopeful of breaking the immediate 81.80 support.
Following that, the quote can quickly drop to the previous monthly low of around 81.50.
Though, a convergence of the 200-DMA and a five-month-old ascending trend line, close to 81.40 at the latest, appears a tough nut to crack for the USD/INR bears afterward.
Meanwhile, USD/INR recovery remains elusive unless the pair stays below the 82.00 previous support.
Even if the quote rises past 82.00, a downward-sloping resistance line from March 22, around 82.35 at the latest, can test the USD/INR bulls.
Above all, USD/INR buyers should remain cautious unless witnessing a daily close beyond the descending resistance line from October 2022, near 83.00 by the press time.
USD/INR: Daily chart
Trend: Further downside expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
