SGX Nifty Premarket

FOREX The Dollar Index has indeed risen past 99 and if sustained, can head towards 100-101 in the near term. While Euro & EURINR can fall towards 1.15-1.14 & 102.50-102.00 respectively. EURJPY & USDJPY have declined a bit, still the targets of 180 and 154-155 are kept open for now. USDCNY continues to consolidate between Read More

FOREX The Dollar Index needs to see a confirmed break past 99 to head towards 100-101 in the near term. While below 1.17, Euro can be vulnerable to extend the fall towards 1.15-1.14. EURINR is trading near the lower end of its 105-103 range. If the ongoing rise sustains, EURJPY can target 178-180, and USDJPY Read More

FOREX While the Dollar Index faces immediate resistance at 99, Euro is nearing the support at 1.16. Watch price action closely around the current levels to see where both might be headed. EURINR is trading near the lower end of its 105-103 range. EURJPY has risen above 176 and if sustained, can test 178-180 before Read More

FOREX The Dollar Index faces immediate resistance at 99. While the resistance holds, a range of 99-96 can continue to hold. The Euro can target 1.18/19 while staying above 1.16, and EURINR continues to consolidate between 103.50-105.00. EURJPY is oscillating near the resistance at 176. Need to see whether it extends the rise or not. Read More

FOREX Sanae Takaichi was elected as Japan’s next Prime Minister. Her victory signals a likely continuation of Japan’s expansionary fiscal and ultra-loose monetary policies. The Dollar Index rose slightly but remains within the 96-99 range for now. The Euro can target 1.18/19 while staying above 1.17, and EURINR may consolidate between 103.50-105.00. EURJPY tested 175 Read More

FOREX The Dollar Index faces resistance at 98.30 and 99 region, below which the range of 99-97/96 is likely to persist for some time. The Euro can target 1.18/19 while above 1.17, while EURINR can consolidate between 103.50-105.00 region. EURJPY needs to sustain above current levels to extend the rise to 174/75 as well. Similarly, Read More

FOREX The Dollar Index faces resistance at 98.30 and 99 region, below which the range of 99-97/96 is likely to persist for some time. The Euro can target 1.18/19 while above 1.17, while EURINR can consolidate between 103.50-105.00 region. EURJPY needs to sustain above current levels to extend the rise to 174/75 as well. Similarly, Read More

FOREX The Dollar Index is likely to decline further within its 99-97/96 range. The Euro & EURINR can head towards 1.18/19 and 105 or higher in the near term. EURJPY can either test 173 or 172 before rebounding later. USDJPY has immediate support coming around 147.00-146.50 which can be tested if the fall extends further. Read More

FOREX The Dollar Index is likely to decline further within its 99-97/96 range. The Euro & EURINR can head towards 1.18/19 and 105 or higher in the near term. EURJPY can either test 173 or 172 before rebounding later. USDJPY has immediate support coming around 147.00-146.50 which can be tested if the fall extends further. Read More

FOREX The Dollar Index continues to hold the 99-97/96 range for now. The Euro & EURINR looks bullish towards 1.18/19 and 105 or higher in the near term. EURJPY needs to sustain above 174 to head towards 176, else it can be vulnerable to test 173 initially. USDJPY can test 148 or slightly lower levels Read More