Elliott Wave Analysis of USD/INR
15 May 2025
The CFO of a large corporation based in India asked me whether it is possible to analyze the USD/INR using Elliott Wave Analysis. His company has significant exposures to the foreign exchange market, and even a small move in the exchange rate of the Rupee will have a significant impact on the bottom line. |
The answer to his question is a resounding YES. Infact, I have been advising many old friends in the banking sector for long not only about the USD/INR, but also about the OIS, or overnight index swaps, using Elliott Wave Analysis. |
I am deliberately not publishing my most recent work on the INR because that is saved for a workshop that I plan to conduct soon in India. (Of course, a copy has been sent to the CFO mentioned above). |
The purpose of this post is to share with readers that it is possible to apply Elliott Wave Analysis to just about anything that is traded widely. |
P.S. I am going on a 2-week holiday to India, and so the next update will be only in April. Enjoy. Ramki |