Author: SGX Nifty

FOREX The Dollar Index can head towards 99-100 in the near term if it sustains above current levels. While EURUSD and EURINR continue to stay rangebound between 1.18–1.16 and 102.50/103-101.00. EURJPY will have to break 173 to strengthen to rise further, else it can trade within the 171-173 region for now. Dollar-Yen looks bullish towards Read More

FOREX The Dollar Index is holding below key resistance at 99 with scope for a pullback towards 98–97 before targeting 100–101, while EURUSD stays rangebound between 1.16–1.18 unless a break below 1.16 extends losses to 1.15–1.14. EURINR is likely to bounce within 101–102.50, and EURJPY must clear 173 to strengthen towards 174–175 or else risk Read More

FOREX The Dollar Index is holding below key resistance at 99 with scope for a pullback towards 98–97 before targeting 100–101, while EURUSD stays rangebound between 1.16–1.18 unless a break below 1.16 extends losses to 1.15–1.14. EURINR is likely to bounce within 101–102.50, and EURJPY must clear 173 to strengthen towards 174–175 or else risk Read More

FOREX The Dollar Index remains bullish towards 100.00–100.50 with limited downside to 97, while EURUSD is range-bound between 1.18–1.16 with bias for a break below 1.16. EURINR could test 101 before bouncing within a 101–102.50 range, and EURJPY is attempting to break lower towards 170–168 unless it sustains above 173 for a bullish move to Read More

FOREX The Dollar Index is firm and may rise towards 100.00–100.50 with downside limited to 97–96, while EURUSD continues to weaken towards 1.16 within its 1.18–1.16 range. EURINR is falling sharply and could test 101 before holding in a 101–102.50 band, and EURJPY is at crucial support near 171.50, which must hold to avoid a Read More

FOREX The Dollar Index has held the support of 97.75 quite well and while above it, the target of 100.00-100.50 can be achieved. EURUSD and EURINR can fall within their 1.18-1.14 and 102.50-101.50 ranges respectively. EURJPY & USDJPY on a confirmed break past 173 and 148 can rise towards 174/75 and 150/51. USDCNY is likely Read More