确认您不是来自美国或菲律宾

在此声明,本人明确声明并确认:
  • 我不是美国公民或居民
  • 我不是菲律宾居民
  • 本人没有直接或间接拥有美国居民10%以上的股份/投票权/权益,和/或没有通过其他方式控制美国公民或居民。
  • 本人没有直接或间接的美国公民或居民10%以上的股份/投票权/权益的所有权,和/或受美国公民或居民其他任何方式行使的控制。
  • 根据FATCA 1504(a)对附属关系的定义,本人与美国公民或居民没有任何附属关系。
  • 我知道做出虚假声明所需付的责任。
就本声明而言,所有美国附属国家和地区均等同于美国的主要领土。本人承诺保护Octa Markets Incorporated及其董事和高级职员免受因违反本声明而产生或与之相关的任何索赔。
我们致力于保护您的隐私和您个人信息的安全。我们只收集电子邮件,以提供有关我们产品和服务的特别优惠和重要信息。通过提交您的电子邮件地址,您同意接收我们的此类信件。如果您想取消订阅或有任何问题或疑虑,请联系我们的客户支持。
Back

USD/INR Price Analysis: Seesaws between 10-day SMA, 23.6% Fibonacci

  • USD/INR nears the record high flashed during the last week.
  • The depleting strength of MACD histogram, overbought RSI conditions signal a pullback.
  • January month high, yearly support line can lure sellers.

USD/INR drops back to re-test 10-day SMA, while flashing 74.04 as a quote, down 0.34%, ahead of the European session on Tuesday.

Despite flashing the record high of 75.65 on Friday, the pair failed to extend the run-up while remaining below 23.6% Fibonacci retracement of its run-up from January low to the latest high.

Considering the failures to extend the run-up, coupled with softening MACD histogram strength and declining RSI from the overbought area, USD/INR prices are likely to register fresh pullbacks.

In doing so, a 10-day SMA level of 74.07 can act as the trigger for the fresh downside towards a 50% Fibonacci retracement level of 73.10. However, January month high near 72.57 could question the bears afterward.

Alternatively, buyers will wait for a sustained rise past-23.6% Fibonacci retracement level of 74.45, to aim for 75.00 and extend the northward trajectory beyond 75.65 towards 76.00 round-figure.

USD/INR daily chart

Trend: Pullback expected

 

PBOC’s Chen: Will continue fending off large inflows, outflows of short-term speculative capital

China will continue fending off large inflows, outflows of short-term speculative capital, People’s Bank of China (PBOC) Vice Governor Chen wrote in a
了解更多 Previous

Japan Industrial Production (MoM) registered at 1% above expectations (0.8%) in January

Japan Industrial Production (MoM) registered at 1% above expectations (0.8%) in January
了解更多 Next