FOREX Dollar Index can trade within 102-103 while Euro could rise towards 1.10 while above 1.0870-1.09. EURJPY and USDJPY have declined sharply and could be bearish towards 157 and 143 respectively. USDCNY could rise slowly towards 7.18/20 while above 7.10/12. Aussie could be trading within 0.6650-0.6750 for the next few sessions while Pound could rise Read More
SGX Nifty Premarket
FOREX Most currency pairs fluctuated on Friday pre and post the US data releases for hourly Wage earnings and NFP. The Dollar Index could trade within 102-103 now while Euro could move towards 1.10 while above 1.0870. EURJPY faced rejection from 159 and could dip back towards 157 while USDJPY could come off towards 144while Read More
FOREX The Dollar Index is holding below 102.72 and could dip to 102 or slightly lower before resuming a rise towards 103. Euro has bounced well from 1.09 and could rise towards 1.10 before pausing. EURJPY and USDJPY are bullish to 160 and 146 respectively. USDCNY rose above 7.17 but has dipped back from there. Read More
FOREX The Dollar Index is holding below 102.72 and could dip to 102 or slightly lower before resuming a rise towards 103. Euro has bounced well from 1.09 and could rise towards 1.10 before pausing. EURJPY and USDJPY are bullish to 160 and 146 respectively. USDCNY rose above 7.17 but has dipped back from there. Read More
FOREX The dollar Index has risen above 102.50 post rise in the US manufacturing index released for Dec-23 and can test 103-104 before pausing. Meanwhile Euro is headed towards 1.09 from where the reversals towards 1.10 is expected. Failure to hold above 1.09 could turn bearish for the medium term. EURJPY and USDJPY have risen Read More
FOREX Dollar Index is rising as expected and could test 102.50 while Euro could fall to 1.0950-1.09. EURJPY looks bearish towards 155/154 while USDJPY has risen back and could test 143 now, contrary to our expectations of seeing a fall towards 140-138. USDCNY is rising towards our mentioned targets of 7.15/16. Aussie is headed towards Read More
Happy New Year 2024! FOREX Dollar Index looks stable below 102 but could see a short rise to 102-102.50 while Euro could fall to 1.0950-1.09. EURJPY and USDJPY look bearish towards 155/154 and 140-138 respectively from where bounce can be expected. USDCNY can trade within 7.0875-7.15 for the near term. Aussie and Pound also look Read More
FOREX Warmest thanks to all our Morning Briefing readers for being with us on this market journey through the year. We wish you all a Happy New Year in advance and may our new year be filled with financial success and delightful surprises! We will resume our Morning Briefing edition on 2nd January 2024. Till Read More
FOREX Warmest thanks to all our Morning Briefing readers for being with us on this market journey through the year. We wish you all a Happy New Year in advance and may our new year be filled with financial success and delightful surprises! We will resume our Morning Briefing edition on 2nd January 2024. Till Read More
FOREX Warmest thanks to all our Morning Briefing readers for being with us on this market journey through the year. We wish you all a Happy New Year in advance and may our new year be filled with financial success and delightful surprises! We will resume our Morning Briefing edition on 2nd January 2024. Till Read More