by Dhara Hariya | Aug 15, 2024 | Gold, Stock
Gold’s Glittering Ascent: Bullish Flag Signals Further Upside Potential Fundamentals Favor Gold Gold’s appeal is undeniable right now. Global economic worries, a weaker US dollar, and rising inflation make it a safe haven for investors. These factors...
by Dhara Hariya | Sep 23, 2023 | Forex
Summary: The U.S. dollar is on an impressive winning streak, marking its 10th consecutive weekly gain, the longest since 2014. A significant technical indicator, known as a “golden cross,” where the 50-day moving average surpasses the 200-day moving...
by Dhara Hariya | Sep 18, 2023 | Forex
The Indian rupee faced fresh challenges as it closed at a new record low on Monday, despite support from the Reserve Bank of India (RBI), driven by escalating crude oil prices that heightened demand for the U.S. dollar. Closing at 83.2675 against the U.S. dollar,...
by Dhara Hariya | Sep 14, 2023 | Forex
Introduction In recent trading sessions, the Indian rupee has been on a rollercoaster ride, with multiple factors influencing its value against the US dollar. This article explores the key developments and market dynamics affecting the rupee’s performance....
by Dhara Hariya | Sep 13, 2023 | Forex
The Indian Rupee (INR) recently appreciated to 82.92 against the US Dollar (USD), but its gains were tempered by a stronger USD and rising crude oil prices. The INR is expected to face resistance near 83.10 and may retrace towards 82.80 due to strong factory output...