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USDINR Technical Analysis Chart Trend Forecast Graph Trading signals Tips - USDINR facing strong resistance at current levels, further up trend expecting once USDINR closes above its golden ratio resistance. (Updated On 05th August 2014, Tuesday).


USD INR



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  • As per previous report on USDINR - It gave a up move after breaking its resistance and now facing golden ratio resistance as mentioned. (Click here to see previous report on USDINR).
  • Now daily chart indicates USDINR is facing strong 61.8% golden ratio fibonacci retracement resistance at current levels. USDINR will favor bulls once it closes above its resistance till then we can see come correction.
  • Daily chart also indicates USDINR is facing 200 days moving average resistance at current levels, If it starts trading above 200 DMA it will favor bulls and if starts trading below 200 DMA will favor bears.
  • USDINR major indicators like MACD and Stochastic Oscillator has turned positive as shown in chart no 3, this indicates USDINR will favor bulls and can see further up trend as long as they are moving in positive zone. Close Watch.
  • Click here to see all the forecast (trading tips) published by us on USDINR (as per technical analysis point of view).



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What is Intraday Tips ?

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

.