Title
by Americanbulls.com LLC
Last Update
2020-06-03
INRCNY
INDIAN RUPEE / CHINESE YUAN
Last Signal: STAY LONG
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
9.4392
Change:
-0.0125
Percent change
-0.13%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 2020-05-21, 13 days ago, when the currency rate was 9.4061. Since then INRCNY has risen by +0.35%.
Market Outlook
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
2020-05-219.4061BUY $12,457
2020-05-159.3754SELL $12,467
2020-04-229.2483BUY $10,736
2020-04-169.2135SHORT $11,339
2020-04-149.2673BUY $12,124
2020-04-089.2970SHORT $11,813
2020-04-069.3128BUY $12,061
2020-04-019.3493SHORT $11,641
2020-03-269.3198BUY $11,261
2020-03-209.4362SHORT $9,704
2020-03-109.3721BUY $8,844
2020-02-249.7687SELL $8,854
2020-02-209.7956BUY $9,255
2020-02-149.7664SELL $9,265
2020-02-109.7924BUY $9,656
2020-01-309.6931SHORT $11,264
2020-01-099.7240BUY $11,772
2019-12-169.8591SHORT $10,202
2019-12-039.8410BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$7/day
† Short Swap: -US$15/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020-05-219.4061BUY $15,576
2020-05-159.3754SELL $15,586
2020-04-229.2483BUY $13,855
2020-04-169.2135SHORT $14,458
2020-04-149.2673BUY $15,243
2020-04-089.2970SHORT $14,932
2020-04-069.3128BUY $15,180
2020-04-019.3493SHORT $14,760
2020-03-269.3198BUY $14,380
2020-03-209.4362SHORT $12,823
2020-03-109.3721BUY $11,963
2020-02-249.7687SELL $11,973
2020-02-209.7956BUY $12,374
2020-02-149.7664SELL $12,384
2020-02-109.7924BUY $12,775
2020-01-309.6931SHORT $14,383
2020-01-099.7240BUY $14,891
2019-12-169.8591SHORT $13,321
2019-12-039.8410BUY $13,109
2019-11-299.8191SHORT $13,500
2019-11-269.8280BUY $13,653
2019-10-309.9500SHORT $12,342
2019-10-289.9887BUY $12,915
2019-10-0110.0745SELL $12,925
2019-09-189.9290BUY $10,931
2019-09-169.9422SELL $10,941
2019-09-119.9369BUY $10,887
2019-09-039.9454SELL $10,897
2019-08-279.9401BUY $10,848
2019-08-229.8441SHORT $12,293
2019-08-169.8650BUY $12,621
2019-08-129.9206SHORT $11,909
2019-08-089.9334BUY $12,118
2019-07-319.9917SELL $12,128
2019-07-299.9981BUY $12,235
2019-07-1210.0330SELL $12,245
2019-06-249.8910BUY $10,227
2019-06-139.9513SELL $10,237
2019-06-039.9321BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$7/day
† Short Swap: -US$15/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020-05-219.4061BUY $33,813
2020-05-159.3754SELL $33,823
2020-04-229.2483BUY $32,092
2020-04-169.2135SHORT $32,695
2020-04-149.2673BUY $33,480
2020-04-089.2970SHORT $33,169
2020-04-069.3128BUY $33,417
2020-04-019.3493SHORT $32,997
2020-03-269.3198BUY $32,617
2020-03-209.4362SHORT $31,060
2020-03-109.3721BUY $30,200
2020-02-249.7687SELL $30,210
2020-02-209.7956BUY $30,611
2020-02-149.7664SELL $30,621
2020-02-109.7924BUY $31,012
2020-01-309.6931SHORT $32,620
2020-01-099.7240BUY $33,128
2019-12-169.8591SHORT $31,558
2019-12-039.8410BUY $31,346
2019-11-299.8191SHORT $31,737
2019-11-269.8280BUY $31,890
2019-10-309.9500SHORT $30,579
2019-10-289.9887BUY $31,152
2019-10-0110.0745SELL $31,162
2019-09-189.9290BUY $29,168
2019-09-169.9422SELL $29,178
2019-09-119.9369BUY $29,124
2019-09-039.9454SELL $29,134
2019-08-279.9401BUY $29,085
2019-08-229.8441SHORT $30,530
2019-08-169.8650BUY $30,858
2019-08-129.9206SHORT $30,146
2019-08-089.9334BUY $30,355
2019-07-319.9917SELL $30,365
2019-07-299.9981BUY $30,472
2019-07-1210.0330SELL $30,482
2019-06-249.8910BUY $28,464
2019-06-139.9513SELL $28,474
2019-06-039.9321BUY $28,227
2019-05-289.9207SELL $28,237
2019-05-149.7559BUY $25,890
2019-05-099.7217SELL $25,900
2019-04-269.6310BUY $24,608
2019-04-229.6347SHORT $24,634
2019-04-189.6521BUY $24,922
2019-04-159.6734SELL $24,932
2019-04-109.6984BUY $25,325
2019-04-059.7198SELL $25,335
2019-04-029.7163BUY $25,299
2019-03-229.7098SELL $25,309
2019-03-049.4536BUY $21,541
2019-02-149.5327SELL $21,551
2019-02-079.4375BUY $20,169
2019-02-049.4210SHORT $20,480
2019-01-319.4347BUY $20,711
2019-01-289.4875SHORT $19,988
2019-01-219.5409BUY $20,814
2019-01-089.7965SELL $20,824
2018-12-319.8669BUY $21,875
2018-12-259.8272SELL $21,885
2018-12-179.6289BUY $19,032
2018-12-039.7876SELL $19,042
2018-11-159.6112BUY $16,530
2018-11-129.5641SELL $16,540
2018-11-029.4318BUY $14,672
2018-10-319.4412SELL $14,682
2018-10-259.4862BUY $15,349
2018-10-239.4308SELL $15,359
2018-10-169.4055BUY $15,019
2018-10-039.3633SHORT $15,845
2018-09-269.4654BUY $17,366
2018-09-189.4360SHORT $17,934
2018-09-149.5114BUY $19,061
2018-08-239.8057SHORT $15,107
2018-08-159.8577BUY $15,900
2018-08-139.9265SELL $15,910
2018-06-209.5068BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$7/day
† Short Swap: -US$15/day

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Chinesebulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Chinesebulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Chinesebulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Chinesebulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.