FOREX The Dollar Index has immediate support near 99.50. While it holds above this level, the rise toward 101 remains in play. EURUSD & EURINR can decline within 1.16-1.15 & 103.75-102.00 range respectively. EURJPY is trading within 180-182 region. USDJPY has a scope to rise back towards 158 while it trades above 156. USDCNY can Read More
SGX Nifty Premarket
FOREX The Dollar Index has immediate support near 99.50. While it holds above this level, the rise toward 101 remains in play. EURUSD & EURINR can decline within 1.16-1.15 & 103.75-102.00 range respectively. EURJPY is trading within 180-182 region. USDJPY has a scope to rise back towards 158 while it trades above 156. USDCNY can Read More
FOREX The Dollar Index need to see a immediate bounce from current levels to keep the target of 101 alive. Else, it can be vulnerable to fall towards 99 or lower. EURUSD & EURINR face immediate resistance near at 1.1610 & 103.75 respectively. Wath price action closely to see whether the respective resistance holds or Read More
FOREX The weaker than expected US Retail sales & Consumer confidence data releases at 0.1%(0.4%) & 88.7(93.4) led Dollar Index to decline yesterday. Still the target of 101 can get achieved as long as the DXY trades above 99.50. EURUSD & EURINR face immediate resistance at 1.16 & 103.50 respectively. EURJPY is trading within 182-180 Read More
FOREX The Dollar Index can move towards 101 while it sustains above 99.50. EURUSD is trading within its 1.15.-1.16 range. EURINR can initially test 102.50 before rebounding within its 102.00-103.50/104 range. EURJPY and USDJPY needs to see a break on either side of their 180–182 & 156-158 range respectively. USDNCY is coming off and can Read More
FOREX The Dollar Index can test 101 soon. EURUSD is trading lower within its 1.16.-1.15 range. EURINR needs to see a rise past 103.50 to head towards 104. EURJPY and USDJPY are rebounding and if sustained, can head towards 182-183 & 160 region respectively. Watch price action closely around current levels. USDNCY can decline within Read More
FOREX The U.S. economy added 119k jobs in Sep-25, surpassing expectations of 54k, but the unemployment rate rose to 4.4%, creating an unclear picture for the Federal Reserve’s rate cut decision next month. The Dollar Index can test 101 as long as it stays above 100. EURUSD and EURINR hold the 1.15–1.16 and 102–103 ranges Read More
FOREX The U.S. economy added 119k jobs in Sep-25, surpassing expectations of 54k, but the unemployment rate rose to 4.4%, creating an unclear picture for the Federal Reserve’s rate cut decision next month. The Dollar Index can test 101 as long as it stays above 100. EURUSD and EURINR hold the 1.15–1.16 and 102–103 ranges Read More
FOREX The FED minutes released yesterday dampened the chance of a Dec-25 rate cut and led to the strength in the Dollar. The Dollar Index has risen past 100 and has a scope to extend the rise to 101 or even 102 as well. EURUSD & EURINR have dipped below 1.155 & 102 respectively. If Read More
FOREX The Dollar Index continues to trade within 99-100 region for now. EURUSD can initially test 1.550 before attempting to bounce back towards 1.165. EURINR is trading lower within its 103.50-102.00 range. EURJPY can test 182 before getting peaked out. USDJPY can move towards 158 or even 160 on a sustained move above 156. USDCNY Read More