{"id":5721,"date":"2024-02-14T09:55:34","date_gmt":"2024-02-14T04:25:34","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5721"},"modified":"2024-09-03T16:41:30","modified_gmt":"2024-09-03T11:11:30","slug":"currency-market-overview-february-14-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/currency-market-overview-february-14-2024\/","title":{"rendered":"CURRENCY MARKET OVERVIEW :"},"content":{"rendered":"

Currency Market Overview February 14, 2024<\/span><\/h1>\r\n

USD\/INR Technical view:<\/h4>\r\n

The pair has the major support at 83.00\/82.80(Spot) levels.Short covering is expected in short run.Fresh buying <\/strong>opportunity will be seen at 83.47 levels which is also an all time high. The broad range for the week is 83.30-82.80 <\/strong>levels. In Short term, more Selling opportunity is expected as the pair breaks the major support of 83.00 levels. The <\/strong>potential support level for the pair will emerge at the lower limit of the descending trend channel at 82.72. A bearish <\/strong>breakout below 82.72 might signal that it\u2019s time for the bear to charge again, possibly taking the pair back to a low of <\/strong>August 23 at 82.45, followed by a low of June 1 at 82.25. The upper boundary of the trading range at 83.40 acts as an <\/strong>immediate resistance level for USD\/INR. Further north, the additional upside filter to watch is a 2023 high of 83.47, en <\/strong>route to the 84.00 psychological round mark.<\/strong><\/p>\r\n

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Currency Market Overview February 14, 2024 USD\/INR Technical view: The pair has the major support at 83.00\/82.80(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 83.30-82.80 levels. In Short term, more Selling opportunity is […]<\/p>\n","protected":false},"author":6,"featured_media":5730,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-5721","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\/5721","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=5721"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5721\/revisions"}],"predecessor-version":[{"id":9662,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5721\/revisions\/9662"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/5730"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=5721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}