Dear Members,
Market & Astro Insights – Tuesday Recap
On Tuesday, both cryptocurrencies and U.S. equity markets surged sharply higher, in line with our astro-based expectations and predicted in our daily and weekly newsletters. The supportive astro cycle provided strong momentum, preventing what could have become a highly negative trend for crypto and the market. Today confirms our view, which we mentioned yesterday: any near-term weakness in cryptocurrencies should be treated as a buying opportunity.
- Crypto: Ethereum, Solana, and Bitcoin successfully held their predicted lower side astro support levels ($81333, $2611, and $126.00), reinforcing confidence in the current uptrend. Higher side astro resistance levels for all these three cryptos are $100788, $3525, and $161.
- Equities: Our favored stocks, CRDO, MDB, and MRVL, delivered strong post-earnings rallies. While some profit-taking was observed, the overall performance was highly encouraging. Stay long MRVL and CRDO.
- Silver: Prices are advancing toward the $63.00 level, which we identify as a profit-booking zone. Importantly, we maintain no short recommendation in silver at this stage.
- Base Metals: Prepare for aggressive short positions as outlined in our weekly newsletter.
Currency Outlook – USD/Rupee
The ongoing decline of the Indian Rupee remains a critical concern. Despite continuous outflows, the RBI, the Finance Ministry, fund managers, and policymakers remain silent, raising questions about the broader health of the Indian economy. We have been nonstop recommending selling the Rupee for the last 10 years, and in 2025, we predicted the USD would test the 88.88 level, which it has already done. At this stage, we strongly advise against buying any Rupee position. 15 December is a crucial date for the Rupee, so wait to read the Indian letter on that date.
India has been publishing strong economic data, and after that, it has been quietly revising, which clearly shows some serious issues. Yes, the trade deal is a key important catalyst for India, and I hope that it will happen any time in the Third week of December.
Meanwhile, the USD/Indian Rupee) is approaching the historic 90.61 level. A sustained close above this threshold could trigger significant implications for the Rupee’s trajectory. Until then, USD continues to struggle at this resistance, with astro support firmly anchored at 88.88.
India officially trades with 80–90 major global currencies, and the rupee has depreciated against nearly all of them over the long term.
2025 Realistic Outcome for Rupee:
- Against major reserve currencies (USD, EUR, GBP, JPY, CHF, AUD, CAD) → INR has lost value between 5 10 11% value.
- Against most Asian currencies (CNY, SGD, THB, MYR, IDR, AED, SAR) → INR has lost value.
- Against major emerging-market currencies (BRL, MXN, ZAR) → INR has also lost value over more extended periods, though sometimes short-term performance differs.
- Currencies INR depreciated against (long term): Over 90% of global currencies.
Thanks & God Bless
Mahendra Sharma