{"id":5359,"date":"2024-01-16T10:37:42","date_gmt":"2024-01-16T05:07:42","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5359"},"modified":"2024-09-03T11:40:47","modified_gmt":"2024-09-03T06:10:47","slug":"currency-market-overview-january-16-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/currency-market-overview-january-16-2024\/","title":{"rendered":"CURRENCY MARKET OVERVIEW :"},"content":{"rendered":"<h1><span style=\"font-weight: 400;\">Currency Market Overview January 16, 2024<\/span><\/h1>\r\n<h4>USD\/INR Technical view:<\/h4>\r\n<p><strong>The pair has the major support at 83.00(Spot) levels. Short covering is expected in short run. Fresh buying opportunity will be seen at 83.47 levels which is also an all time high. The broad range for the week is 83.30-82.60 levels. In Short term more selling opportunity is expected as the major support of 83.00 levels was broken in USD\/INR and will see a drop to 82.80, portraying the confluence of the lower limit of the trading range and a low of Sep 12. The next contention level will emerge near a low of Aug 11 at 82.60. The momentum indicators show the downward signal and hence the short term selling is expected in near term. The major support would be 82.70 which is also a 200 day SMA. Breakdown below this level will give more selling opportunity and then the target 82.45\/82.15 levels. \u00a0 <\/strong><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><strong>CLICK TO OPEN FOR MORE INFORMATION ABOUT CURRENCY UPDATE :\u00a0<\/strong><\/p>\r\n<p>&gt;&gt;&gt; <a href=\"https:\/\/shorturl.at\/cmtC0\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/shorturl.at\/cmtC0<\/a><\/p>\r\n<div>\u00a0<\/div>\r\n<div><strong>Click to open an Account<\/strong>\u00a0:\u00a0<a href=\"https:\/\/ekyc.gwcindia.in\/client\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/div>\r\n<div><strong>For all your investment needs feel free to reach us.<\/strong>\r\n<div>\r\n<div><!-- \/wp:post-content -->\r\n\r\n<!-- wp:paragraph --><strong>Give us Missed Call us on 90037 90027 . For Support : 044-40329999<\/strong><\/div>\r\n<\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Currency Market Overview January 16, 2024 USD\/INR Technical view: The pair has the major support at 83.00(Spot) levels. Short covering is expected in short run. Fresh buying opportunity will be seen at 83.47 levels which is also an all time high. The broad range for the week is 83.30-82.60 levels. In Short term more selling [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":5360,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-5359","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-currency-update","post_format-post-format-image"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=5359"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5359\/revisions"}],"predecessor-version":[{"id":9582,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5359\/revisions\/9582"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/5360"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=5359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}