U.S. Dollar / Indian Rupee

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U.S. Dollar / Indian Rupee forum



Indias GDP rise to 7.8% in first qtr 2025. what will happen to usd?



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Snapshot

USDINR USD/INR attracts some buyers on Pahalgam terror attack

The Indian Rupee (INR) edges lower on Wednesday as rising crude oil prices and a renewed US Dollar (USD) demand weigh on sentiment and drag the Indian currency lower. The terrorist attack in Kashmir, India, contributes to the INR's...

USDINR Exports from India will contract as American supply chain becomes resilient and self sustaining. Dollar supply will decrease


DXY Getting my shorts ready on USDCAD and USDINR . Time for these to come down. I'm entering small enough shorts to account for volatility. Then on reversal i'm opening the big ones

USDINR This chart has a fantastic shorting opportunity back down to point of control @ $83.248. Keep an eye on DXY , it is currently breaking out of it's range between 106 - 100. Entering back into this range and towards 100 will drag this pair down along with it. If you're watching this move also watch USDCAD as it has the same opportunity. In 2016 the Dollar rallied until Jan 20th for Trumps entrance to office, I would expect a little more movement up in these markets for the next 5 days. I will be entering small short positions, ramping up the size as confirmation appears after Trumps inauguration.
Snapshot