Chanakya

USDINR Analysis

USDINR Analysis – USDINR Trend Tomorrow

Last Update: 13 February 2026, 6.00 AM

💱 USD/INR – Technical View for 13 February 2026 

 

USD/INR Technical Analysis – Current Structure & Near-Term Trend

Price Structure and Trend Behaviour
USD/INR is currently trading near the 90.55–90.60 zone after a sharp rejection from higher levels around 92+. The chart shows a strong prior up-move followed by a sudden bearish expansion candle, indicating aggressive profit booking or intervention near higher levels. Since that fall, price action has shifted into a tight sideways consolidation band, suggesting equilibrium between buyers and sellers.

The broader trend remains mildly positive because the pair continues to hold above earlier swing supports, but immediate momentum has cooled significantly. The series of smaller candles after the sharp fall indicates volatility compression and a potential breakout setup.


RSI Analysis (RSI 14 ≈ 48.08)
RSI has moved close to the neutral 50 zone, reflecting lack of directional conviction. Earlier overbought conditions have eased without entering oversold territory. This typically signals a consolidation phase rather than a strong reversal.

If RSI sustains above 45–50, downside risk remains limited and consolidation may resolve on the upside. A drop below 40 would confirm deeper corrective pressure.


Stochastic RSI & Momentum Indicators
Stoch RSI reading near 16 shows the oscillator in oversold territory. Fast stochastic (%K ~24, %D ~26) indicates early signs of upward crossover attempt. This setup often precedes a short-term bounce or range-bound recovery rather than immediate strong trend continuation.

Momentum indicators therefore suggest that selling pressure is weakening, though strong bullish momentum has not yet resumed.


Support and Resistance Zones (Based on Price Structure)

Immediate Support: 90.20 – 90.00
This zone aligns with recent consolidation lows and short-term demand area.

Major Support: 89.50 – 89.30
Break below this region would shift bias toward deeper corrective structure.

Immediate Resistance: 91.00 – 91.20
Price has repeatedly struggled near this zone; breakout required for renewed bullish momentum.

Major Resistance: 92.00 – 92.20
Recent swing high and strong supply area.


Trend Expectation – What Likely Happens Next
Short Term (Next Session / Tomorrow):
Bias appears sideways-to-mildly bullish. Oversold stochastic readings and stabilising RSI indicate potential for gradual upward drift toward 91.00 if support holds.

Medium Term View:
The broader structure still resembles a bullish trend that has entered a cooling phase. Unless price decisively breaks below 90.00, dips may continue to attract buying interest.

Risk Scenario:
A close below 90 could accelerate correction toward 89.30–89.00, while sustained trade above 91.20 may restart upward momentum toward 92+ levels.


Chanakya Technical View (Summary Call)
USD/INR has shifted from strong trending behaviour into consolidation after a sharp rejection from highs. Indicators suggest selling momentum is fading, but confirmation of fresh bullish trend will only come on a breakout above 91.20. Near-term movement is expected to remain range-bound with a slight upward bias.


Currency Analysis by Mr. Dilip Parmar, Research Analyst, HDFC Securities 

The Indian rupee appreciates alongside its Asian peers, bolstered by the softening US dollar and the announcement of the India-US interim trade accord. This upward trajectory is further reinforced by a pivot in investor sentiment, as foreign institutional funds have turned net buyers in domestic equities and bonds this month.

Supported by cooling commodity prices and enhanced risk appetite, the USDINR is expected to consolidate within 90.05 and 91.10.


👉 GMP | Reviews | Subscription | Allotment

👉 Chanakya Grey Market Intelligence – 8 PM Edition | News Crux | 

👉 Power Calls | Breakout Stocks | Coffee Can Portfolio

Affiliates

Forex daily analysis & Prediction

Which currency will be stronger in 2023? moneycontrol

The United Nations officially recognises 180 currencies worldwide as legal tender. However, popularity and wide usage do not necessarily equate to the value or strength commanded by a currency. The concept of currency strength revolves around the purchasing power of a nation’s currency when exchanged for goods, services, or other currencies.
Currency strength is determined by evaluating the number of goods and services which can be purchased with one unit of the national currency and the amount of foreign currency obtained in exchange. A comprehensive analysis of various local and international factors is necessary to ascertain whether a currency holds the title of the most valuable or expensive in the world. These factors include supply and demand dynamics in the foreign exchange markets, inflation rates, domestic economic growth, the policies implemented by the relevant central bank, and the country’s overall economic stability.

10.United States Dollar (USD)

The currency of the United States of America is USD, or the US Dollar. It is the most widely traded currency globally and holds the position as the primary reserve currency. Despite its popularity, it ranks 10th among the world’s strongest currencies.
Also Read: 1 USD to INR: From 1947 to 2023

9: Euro (EUR)

The Euro (EUR) is the official currency of the Eurozone, comprising 19 member states of the European Union. It is the second-largest reserve currency and the second-most traded currency worldwide. The euro stands as one of the strongest currencies, holding the 9th position.
Also Read: Top 10 largest economies in the world in 2023
8: Swiss Franc (CHF)
The Swiss Franc (CHF) serves as the currency of Switzerland and Liechtenstein. Known for the stability of its economy, Switzerland is among the world’s wealthiest countries.

7: Cayman Islands Dollar (KYD)

The official currency of the Cayman Islands is the Cayman Islands Dollar (KYD). Although it ranks 7th among the strongest currencies, its value is the 5th highest globally. Initially using the Jamaican Dollar, the Cayman Islands adopted their own currency in 1972.
Also Read: Top 10 richest countries in the world by GDP per capita in 2023
6: Gibraltar Pound (GIP)
The Gibraltar Pound (GIP) is the currency of Gibraltar, pegged at par value to the British pound sterling (GBP). As a British overseas territory, Gibraltar depends on sectors like tourism and e-gaming. The GIP holds the 6th position among the strongest currencies.
5: British Pound (GBP)
Great Britain uses the British Pound (GBP), which is also pretty broadly used in other countries and territories. As the world’s 5th strongest currency, it holds a significant place in global finance. London’s status as a financial hub and Britain’s extensive trade activities contribute to the strength of the pound.
Also Read: World’s most powerful passport rankings 2023
4: Jordanian Dinar (JOD)
The Jordanian Dinar (JOD) has served as the currency of Jordan since it replaced the Palestinian pound in 1950. Jordan’s fixed exchange rates and diversified economy have contributed to the high value of its currency, ranking it as the 4th strongest globally.

3: Omani Rial (OMR)

The Omani Rial (OMR) is the currency of Oman and was introduced after the country ceased using the Indian Rupee as its official currency. As a country with significant oil reserves, Oman’s economy heavily relies on the oil sector. The Omani Rial, which is tied to the US dollar, is the third most valuable currency in the world.
2: Bahraini Dinar (BHD)
The Bahraini Dinar (BHD) serves as the currency of Bahrain, an island nation in the Arabian Gulf heavily reliant on oil exports. The BHD is pegged to the US Dollar and is exclusively used in Bahrain. With a strong expat community, including a significant number of Indians, the BHD holds the position as the second strongest currency globally.
Also Read: Top 10 powerful countries in the world in 2023
1: Kuwaiti Dinar (KWD)
The highest-valued currency in the world is the Kuwaiti Dinar (KWD). Since it was first introduced in 1960, the Kuwaiti dinar has consistently ranked as the world’s most valuable currency. Kuwait’s economic stability, driven by its oil reserves and tax-free system, contributes to the high demand for its currency. Among Indian expats, the INR to KWD exchange rate is particularly popular.

How do you predict currency trends? moneycontrol

3 Common Ways to Forecast Currency Exchange Rates
Purchasing Power Parity.
Relative Economic Strength.
Econometric Models of Forecasting Exchange Rates.

Which currency is doing the best right now?

The highest-valued currency in the world is the Kuwaiti Dinar (KWD). Since it was first introduced in 1960, the Kuwaiti dinar has consistently ranked as the world’s most valuable currency.

Can Indian currency get stronger? moneycontrol
6 reasons why many analysts expect Indian rupee could head towards 75/USD
Higher the reserves, the more stable the currency. Conclusion: Other factors like unemployment, equity market strength, volatility in crude oil prices, and money supply affect exchange rates. Nonetheless, the INR has several factors aligned in its favor, and as a result, many analysts forecast the INR to strengthen by 2025.

Rupee Dollar Exchange Rate guidance

How to anticipate currency trends in today’s market?

Great question—anticipating currency trends today is part art, part science. With global markets moving fast and geopolitics constantly shifting, it’s all about combining fundamentals, technicals, sentiment, and real-time news.

Here’s a structured approach to stay ahead:

How to Anticipate Currency Trends (2024–2025 Style)

1. Master the Macro Fundamentals

Currencies are driven by economic health and policy.

Key indicators to track:

  • Interest rates: Central bank policies (Fed, ECB, BoJ, etc.) drive currency flows.
  • Inflation data (CPI, PPI): Higher inflation = higher chances of rate hikes.
  • GDP growth: Stronger economies attract foreign capital = stronger currency.
  • Unemployment rates: Labor market strength = economic stability = currency strength.
  • Trade balances: Countries with trade surpluses (exports > imports) often see stronger currencies.
    Example: If the US shows strong GDP and the Fed is hawkish, expect USD strength.
  1. Technical Analysis (TA) Still Works
  • Use support/resistance, trendlines, moving averages (especially 50/200 DMA), and Fibonacci levels.
  • Momentum indicators like RSI, MACD help spot overbought/oversold zones.
  • Patterns: Head and shoulders, double tops, flags, etc., are often reliable in major FX pairs.

Tip: Overlay fundamentals with charts—when both align, it’s often a high-conviction trade.

  1. Real-Time Sentiment & News
  • Follow central bank speeches, geopolitical events (e.g., Middle East, China-US tensions), elections, etc.
  • Tools to use:
    • Forex Factory
    • Bloomberg FX
    • Twitter/X traders
    • TradingView’s news plugins
  • Track COT Reports (Commitments of Traders) to see big money positioning.

Example: Dovish Fed talk = weaker USD, even if data is strong. Sentiment > Data short term.

  1. Correlations Matter
  • Commodity currencies: AUD, NZD, CAD often move with oil, gold, and global risk sentiment.
  • Safe-haven flows: JPY and CHF strengthen during risk-off periods.
  • EM currencies (like INR, BRL, ZAR) are sensitive to USD moves and global liquidity.

Pro tip: Track DXY (Dollar Index) — it’s a basket-based view of USD and often sets the tone.

  1. Watch Global Liquidity & Risk Appetite
  • VIX (Volatility Index): High VIX = risk-off = USD, JPY up.
  • US Bond Yields: Higher yields = stronger USD.
  • Fed Balance Sheet & QT/Tapering: Impacts USD liquidity, hence currency trends.

Bonus: Tools to Keep You Sharp

Tool

Use

TradingView

Charts + sentiment

Forex Factory

Economic calendar

Investing.com

News + technicals

Myfxbook

Sentiment

Twitter/X

Real-time rumors & macro threads

How to analyze currency?

To read a currency chart, focus on the currency pair (e.g., USD/INR), where the first currency is the base and the second is the quote. The chart shows how much of the quote currency (INR) is needed to buy one unit of the base currency (USD). Look at time frames (daily, weekly, intraday), candlestick patterns (open, high, low, close) and technical indicators like support, resistance, RSI, and MACD to identify price trends.

How to become a currency analyst?

Currency analysis involves two approaches:
Fundamental analysis – tracking factors like interest rates, inflation, trade balance, crude oil prices, and US dollar strength.
Technical analysis – studying price charts and indicators to identify support/resistance zones and momentum. A balanced approach combining both helps predict short-term and long-term moves in forex markets.

How to read currency chart?

To become a currency analyst, start by learning the basics of forex markets, technical analysis, and global macroeconomics. A background in finance, economics, or statistics is helpful. Practice by tracking USD/INR or other major pairs daily, use demo trading platforms to test strategies, and gradually build expertise. Professional certifications like CFA, CMT or NISM (India) can add credibility, while continuous research and real-market experience are key to mastering the role.

Quote on Rupee by Anindya Banerjee

Who is Anindya Banerjee?

Anindya Banerjee is Head Currency and Commodity, Kotak Securities shares and his views on USINR is considered valuable by the traders and foreign exchange dealers.

Who is Dilip Parmar?

Mr. Dilip Parmar is Research Analyst, HDFC Securities and his views on USINR is considered valuable by the traders and foreign exchange dealers.

US Dollar Index Technical Analysis & Signals