Today's AED to INR Price Update

Summary

This report provides the real-time exchange rate between the United Arab Emirates Dirham (AED) and Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The United Arab Emirates Dirham (AED) is the official currency of the UAE, while the Indian Rupee (INR) is the primary fiat currency of India. The exchange rate between them reflects bilateral trade flows, interest rate differentials, and investor sentiment between the two economies.

Today’s Price

• 1 AED = 24.81 INR
• 24h High: 24.8086 INR
• 24h Low: 24.7455 INR

Market Analysis

The AED/INR pair is showing technical strength with moving averages indicating a Strong Buy outlook, supported by 12 Buy signals across multiple timeframes (MA5 to MA200).

• Technical levels: Daily support at 24.11 INR, daily resistance at 24.22 INR; short-term support at 24.03 INR and 24.05 INR
• Market sentiment: The 14-day RSI reading of 47.02 suggests a bearish bias in the INR/AED market
• Trading opportunities: Monitor price action near the daily support level at 24.11 INR for potential entry points, and watch for resistance breaks above 24.22 INR for upside momentum

Conclusion

Continue to monitor the AED/INR pair closely, combining technical indicator signals with support and resistance levels. Traders should remain alert to potential reversals as the RSI approaches extreme levels and watch for confirmation signals before initiating new positions.