FOREX Most currencies remain within a range and continue so for the next few sessions. The Dollar Index can trade within 105-104 region while Euro could trade within 1.07-1.08/1.0850. EURJPY and USDJPY look bullish to 162 and 151 respectively from where a rejection is possible in the medium term. Aussie can trade within 0.6550-0.64 while Read More
SGX Nifty Premarket
FOREX The Dollar Index tested 105 as expected and could now be bearish towards 104 in the near term. Meanwhile, Euro had dipped slightly below our expected level of 1.07 before rising back. EURJPY and USDJPY can fall while below the resistance at 162 and 151-152 respectively. Aussie has risen well on testing its support Read More
FOREX The Dollar Index rose sharply to head towards resistance at 105 post US CPI release of 3.11% (Y/Y), lower than the revised Dec-23 figure of 3.32%. Meanwhile, Euro could soon test support at 1.07 before rising back. EURJPY and USDJPY look bullish to 162 and 151-152 respectively if the current rise must sustain. Aussie Read More
FOREX The Dollar Index is moving towards the upper end of its range of 103.90-104.60 but is bearish while below 105. Meanwhile, Euro has broken below its support near 1.077 and could be bearish to 1.07 now. EURJPY could witness a fall to 160-159, while it trades below 161. USDJPY looks a bit indecisive for Read More
FOREX The Dollar Index is moving within the range of 104.60-103.90 but there could be scope for a test of 103.50. Meanwhile Euro is trading near the upper end of its 1.0750-1.08 range and could have scope to test 1.0850. EURJPY trades above 161 and can test 162 before pausing while USDJPY needs to sustain Read More
FOREX The Dollar Index is moving within a very narrow range of 104.60-103.90. Meanwhile Euro has become a bit uncertain due to its lesser volatility, questioning as to whether a rise to 1.08-1.085 will happen or not. However, we may consider a narrow range of 1.0750-1.08 to hold for now. EURJPY is near our mentioned Read More
FOREX The Dollar Index is moving within a very narrow range of 104.60-103.90. Meanwhile Euro has become a bit uncertain due to its lesser volatility, questioning as to whether a rise to 1.08-1.085 will happen or not. However, we may consider a narrow range of 1.0750-1.08 to hold for now. EURJPY is near our mentioned Read More
FOREX The Dollar Index could test the lower end of the 104.50-103.50 range while Euro may rise to 1.08-1.0850 from where a dip can be possible by early next week. EURJPY reversed on testing 158.92 itself and could further rise to 160.40 in the coming sessions. USDJPY needs to break past 149 to negate our Read More
FOREX The Dollar Index tested 104.5 before coming down. View is bearish to 104-103.5 in the near term, which corresponds to Euro holding well above the support near 1.07 and rising towards 1.08-1.085. EURJPY and USDJPY now look bearish to 158 and 147.5-146 respectively in the near term. USDCNY failed to rise past 7.20 and Read More
FOREX The Dollar Index is nearing its crucial resistance of 105 which corresponds to support near 1.07 on the Euro. Both are likely to hold the mentioned levels. While EURJPY is now bearish to 158, USDJPY needs to break past 149 to test 150 on the upside, else a fall towards 146 seems likely. USDCNY Read More