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USD INR Technical Analysis Chart Forex Trend Forecast Currency Graph Trading signals Tips Strategies Recommendations- USDINR has made a bullish breakout , further buying expecting as long as holds above golden ratio. (Updated On 07th August 2014, Thursday).


USD INR





  • As per previous post published on USD INR , currency gave a strong bullish candle after breaking its golden ratio resistance. (Click here to see previous report on USDINR).
  • Now daily chat indicates USDINR has closed above its major resistance as shown above in graph no 1. As long as USDINR hold above its golden ratio it will favor bulls and further strength is expecting.
  • Chart also indicates USDINR is now trading above its 200 days moving average, this will favor bulls, By looking closely chart indicates USDINR is moving up with increased volume as shown in graph no 2.  this indicates USDINR is in bull grip.
  • USDINR major indicator like MACD and stochastic oscillator is moving in a positive zone, this indicates further strength for currency. If currency moves up from current levels then will find next strong trend line resistance around 63.40 & 64.10 as shown in graph no 3.
  • Click here to see all the forecast (trading tips) reports published by us on USDINR.
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Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

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