Dollar to Rupee Future Forecast

 Hello Everyone. Hope you all are doing good !  Today we will be discussing about the Gold Expected Movement. Gold is at 52,200 level right now. And it has already touched the 52,500 level . As we can see in the chart, It is following a channel pattern and taking a downturn from now onwards. The different parameters such as the RSI, Stochastic RSI, and MACD - all are showing a reversal in trend which means it is going for a downfall soon. Now, what level will it fall? Here, in the chart, we can clearly see that it is depreciating from 52,500 level and the support is at 49,500 level. Hence we can conclude that Gold will be falling from 52,500 level to 49,500 soon.  Now the question is how long will it take to complete the run. Well, If we look at the channel line of gold since February 2022, here we can find that it is range bound between 52,500 - 49,500 levels and this run can take place probably in the next 2.5 months.  Hope you guys like this blog. If you have any ...

Hello Everyone. Hope you all are doing good!  Today we will discussing about the expected movement in Silver Mini Futures. So, If we will look at the chart, we can see that Silver has started depreciating from the level 62,200 to 55,000 level, falling from 6 weeks straight. However we can say there is a strong bearish level from 68,000 but it has hold on for sometime at 62,000. So, coming to current level of silver, it has started a trend reversal from 55,200 level i.e S1.   Now coming to the other parameters like RSI, Stochastic RSI & MACD, we can observe that they are also indicating an upward movement in Silver.  RSI is at 39.36 level  and is indicating an upward movement. Stochastic RSI has made a curve at 1.8860 and now moving upwards giving a signal for uptrend too. And in MACD, there is a signal for crossover  which is also indicating towards a trend reversal. Keeping all the parameters in mind and observing the candle movement, we can hopefully predi...

Hello everyone, Hope you are doing good! Today we will be discussing the USDINR expected movement in the coming weeks. We can see Dollar has made a Triple top at 80.06 levels on 14th july, 18th july and on 21st July as represented in charts and we expect dollar to cool down to S1 at 79.30 and S2 at 78.95 levels in the near term. MACD has a downtrend signal from 28th of July and making a cut at -0.0027 level and is showing weakness.  RBI is also controlling Dollar once it reached 80 levels as the trade deficit has widened in the recent times. RBI has sold nearly 50 Billion Dollar in the past 6 months which currently stands near 572 Billion Dollar. 4 hours chart RSI is at 22.79 levels so we can expect a bounce back to R1 levels as per the chart in the next week, however, weakness would be there in the coming days. Dollar would be taking support at S1 level at 79.30 and if this support breaks can move towards S2 level at 78.95. Thanks.

Investing in US stocks has always been a dream for Indian investors & National Stock Exchange (NSE), on March 3rd, 2022 NSE finally facilitated this service. The NSE has launched a wholly-owned subsidiary of NSE International Exchange called “ NSE International Financial Service Centre”   ( NSE IFSC ). The facility currently allows the Indians to invest in the stocks of 8 companies and has the plan to be expanded to 50 companies later. FUNCTIONALITY: The units of the investment on the NSE IFSC are “ Depository Receipts ” which are  unsponsored  in nature. Depository Receipts (DRs) are basically a kind of a part of a share & usually 5 to 200 unsponsored DRs adds up-to a share value, depending upon the company. Ø  Sponsored DRs:  When a company directly offers DRs to the investors, they are known as sponsored DRs. The holders of the sponsored DRs are entitled for every corporate benefit like ‘Dividend’, ‘Bonus Shares’ etc.   Ø  Unsponsored DRs: ...

Hello Everyone. This is Manish over here from Forexblues.com, save money earn money.  Hope you guys are doing well. So today we will be hopping into the JPYINR chart directly  to see the upcoming movement of the currency. JPY is range bound and moving in a channel since Jul 2021 and we expect  JPY to again come to 66.50+ levels,Once it breaks this level then more  upside is expected.   We expect JPY would be heading towards 66.50 levels by mid Feb 2022. If there is a breakout above 66.50 for JPY then only we can expect more upside  from here else it will move as per channel. Any breakout can lead JPY to 67.40 levels. Hope you like our articles and please subscribe to us at our social media account on  Twitter, Facebook LinkedIn, and Telegram. Download our Android apps from the Play Store.  Thanks a lot. Have a nice day.

Hello Everyone. This is Manish over here from Forexblues.com, save money earn money. Hope you guys are doing well. So today we will be hopping into the EURINR chart directly to see the upcoming movement of Dollar . Dollar at 73.80 level. As per the technicals we are observing that  there's a strong support at this level. So will it go down straight to 73.00 or we will see a bounce back to 75 level. Well, We can see in the chart that Dollar has continuosly fallen from the level 76.10 and then making a support at 74.00 Looking forward to the other parameters, the RSI & MACD are showing a downtrend.  Hence, we can conclude that it can change the trend if it wont break the 73.80 level following an uptrend upto 75.00. Lets see further what movement will it rally to  Hope you like this article. If you have any queries then please do write to us and ask questions anytime you wish. Thank You.

  Hello Everyone. This is Manish over here from Forexblues.com, save money earn money. Hope you guys are doing well. So today we will be hopping into the EURINR chart directly to see the upcoming movement of Euro. EURINR is at 84.20 level right now. Looking into the closer view of the EURINR Chart, we can see that there’s a strong resistance at 83.80. EURINR has plunged from 87.00 level to 85.00 following a downtrend upto 83.80. By analyzing it deeply, and looking widely into the chart we can conclude that the depreciation in the EURINR will take a pause and there will be a change of trend in it followed by the different parameters like MACD, RSI, BB & Stochastic RSI. The RSI is in over sold position. All these indicators are giving a signal for an uptrend. Now the question is how much will it appreciate? And what are the levels ? So, if you look into the chart you can see that the resistance is at 86.00 level. Hence we can say that there will be a trend reversal in EUR...