AUDINR Forecast and Live Chart

The Australian Dollar/Indian Rupee currency pair (also referred to as AUDINR and AUD/INR) is an exotic currency pair.  In this article, we will examine how AUDINR is performing.

AUDINR Key Stats

  • 2021 high: 58.6090
  • 2021 low: 52.6240
  • YTD high: 57.6248
  • YTD low: 52.3110
  • YTD % change: +0.70%

AUDINR Forecast Summary

AUDINR june 2022

Given the current geopolitical and macroeconomic situation, we prefer the AUD/INR to the upside, although we have to admit it is not a very strong view, and we could be easily swayed if we see any macro changes. Our near-term target to the upside is 55.05, with a long-term view towards the 57.40 level.

  FXTM mobile banner  

However, there are risks to our view with the  Reserve Bank of India intervening in order to maintain stability in the rupee.

AUDINR Fundamental Analysis

The direction in which a pair trades on any given day, week, month, or year, is significantly influenced by macroeconomic factors. At the moment, the Ukraine-Russia conflict, inflation, soaring energy prices, and more are impacting how markets, including FX pairs, move. Therefore, keeping up to date with economic/geopolitical data and activity is essential.

The Australian Dollar is one of the most traded currencies worldwide. Australia has a wealth of natural resources such as iron ore, coal, and gold which make up a significant percentage of its exports. India and China are large importers of Australia’s commodities, and Australia imports heavy machinery and goods produced in those countries. When countries that are big importers of Australian goods experience an economic downturn, it impacts Australian exporters, hurting the supply chain and resulting in a weakening Australian dollar.

Those rising commodity prices have impacted the Indian rupee in 2022. The Reserve Bank of India has increased interventions in an effort to slow its currency’s decline and maintain stability, protecting importers and exporters from potential shocks. In addition, during times of economic instability, investors will typically exit positions in what they perceive as riskier currencies such as the rupee and invest in so-called safe-haven currencies such as the Japanese yen and US dollar. The recent market downturn, inflation, and economic worries have seen the INR fall so far this year.


Related Articles


AUDINR Technical Analysis

Support Levels:

  • 52.90
  • 52.30
  • 50.30

Resistance Levels:

  • 55.05
  • 56.40
  • 57.40

After a strong rally in 2020, the AUDINR has failed to find a clear direction over the last couple of years. On a few occasions, it has tested a key support level at 52.90, and below that, 52.30. If it were to break eventually, watch out for a key level at 50.30.

Looking to the first level we want to target is around 55.05, before a further move higher will push our focus to the 56.40 mark. The highest level we have our eye on at the moment is 57.40.

Trade AUDINR with our top brokers:

Broker Features Regulator Platforms Next Step
Number One Broker BlackBull Markets LogoYour capital is at risk Founded: 2014
  • Leverage Up To 500:1
  • $200 Min Deposit
  • 60+ Tradeable Instruments
FSPR MT4
tickmill_logo-175 % of retail CFD accounts lose money Founded: 2014
75 % of retail ...
  • Ultra-fast execution from 0.1s
  • Low spreads from 0.0 pips
  • All trading strategies allowed
FSA SC MetaTrader 4, Web Trader
Your capital is at risk Founded: 2006
Europe* CFDs ar...
  • 40% New Member Bonus
  • Regulatory licenses across 5 continents
  • 24/7 trading
ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader
72 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Founded: 2008
72 % of retail ...
  • Multi Asset Trading Platform
  • Zero Commissions
  • Amazing Trading Apps
ASIC, CySEC, FCA Plus500
Your capital is at risk Founded: 2020
  • Impressive range of trading platforms
  • Tight spreads and low commissions
  • Excellent customer services
  • STP and ECN trade execution
- Pro Trader, MT4, MT5
vantage logoYour capital is at risk Founded: 2009
  • Leverage up to 500:1
  • $200 Min Deposit
  • Spreads from 0.0
CIMA MetaTrader 4, MetaTrader 5, WebTrader
LegacyFX LogoYour capital is at risk Founded: 2012
  • Meta Trader 5 Trading platform
  • Exclusive professional trading tools
  • Dedicated support staff during all trading hours
BaFin, CySEC, FCA, NBRB, VFSC MetaTrader 5
Between 74-89% of CFD traders lose Founded: 2010
Between 74-89 % of retail investor accounts lose money when trading CFDs
  • Four user-friendly trading platforms
  • Consistently rater No1 for Trader Support
  • Set up by traders, for traders
ASIC, FCA MetaTrader 4, MetaTrader 5, cTrader
AdroFX LogoYour capital is at risk Founded:
  • Crypto deposits possible
  • Bonus offers
  • Leverage up to 1:500
  • MT4 and Allpips platforms
FSA, VFSC MetaTrader 4, Web Trader, Social Trading Allpips, Web Platform Allpips
Your capital is at risk Founded: 2000
  • Good range of assets, such as CFDs
  • Fully regulated brokerage
  • Multi-lingual reporting
DFSA, FCA, FINMA, MFSA, only EU traders), SFC FCA (Swissquote LTD MT4, MT5, AdvancedTrader
Trade360 LogoYour capital is at risk Founded: 2013
  • Over 200 Tradeable Accounts
  • $50 no deposit bonus
  • Trading Central Insight Portal
CySEC CrowdTrading
Oanda Logo77% of retail CFD accounts lose money Founded: 1996
  • No Minimum Deposit
  • Over 100 instruments
  • Web, desktop, mobile platform and MT4

ASIC, FCA, IIROC, MAS fxTrade, MT4
vt markets logoYour capital is at risk Founded: 2016
ASIC, CIMA MT4
Your capital is at risk Founded: 2015
  • $50 Min Deposit
  • Flexible Leverage
  • Low Min Order Values
FCA, SCB MT4
Your capital is at risk Founded: 1991
73.05% of investors lose money when trading CFDs with FXCM
  • Enhanced Execution and pricing.
  • Award-winning trading platform
  • Free Access to Exclusive Trading Tools
- FXCM Trading Station (Web, Desktop, Mobile), FXCM MetaTrader 4, NinjaTrader
city index new75% of clients lose money. Capital at risk. Founded: 1983
  • Exceptional customer service
  • Beginner-friendly
  • Free Webinars
ASIC, FCA, MAS Advantage Web, AT Pro, MT4, WebTrader
Exness LogoYour capital is at risk Founded: 2008
  • Instant automated withdrawals 24/7
  • Commission-free Standard accounts
  • Some of the lowest spreads on the markets and stable execution
  • Unlimited leverage
  • Free VPS Hosting
CySEC, FCA, FSA, FSCA MT4, MT5, WebTerminal
Your capital is at risk Founded: 2017
FSC XOH, MT5,
SquaredFinance LogoYour capital is at risk Founded: 2016
CySEC
fusion markets logoYour capital is at risk Founded: 2017

Lowest Commissions in Australia

$4.50 per lot RT

ASIC, VFSC MT4
      FXTM desktop banner