SGX Nifty Premarket

FOREX The Strong Dollar after the higher-than-expected US CPI (2.58% Y/Y%) weighs on most other currencies. While the Dollar Index shows further strength towards 107-107.35, the Euro can head towards 1.05/1.04 taking down the Aussie and Pound towards 0.6450-0.64 and 1.26/25 respectively. USDCNY has resistance near 7.25/26 from where a rejection can be expected. The Read More

FOREX The Strong Dollar after the higher-than-expected US CPI (2.58% Y/Y%) weighs on most other currencies. While the Dollar Index shows further strength towards 107-107.35, the Euro can head towards 1.05/1.04 taking down the Aussie and Pound towards 0.6450-0.64 and 1.26/25 respectively. USDCNY has resistance near 7.25/26 from where a rejection can be expected. The Read More

FOREX The Dollar Index and Euro are trading near the crucial resistance and support levels respectively. While the index holds below 106, the range of 106-103 can persist. Similarly, the Euro, above 1.06 is anticipated to bounce back higher. USDJPY is nearing the upper end of the range of 152-155, while EURJPY needs to rise Read More

FOREX The Dollar Index is off to a good start as it tested 105.70 on the upside before cooling down. The immediate resistance can be seen around the 105.70-106 region below which the range of 106-103 can hold for some time. Euro is nearing our mentioned target of 1.06 which can be possibly tested before Read More

FOREX Major currencies were highly volatile in the last couple of sessions as expected. The Dollar Index, AUDUSD, Pound, EURINR remained volatile within respective ranges of 103.00-105.50/60, 0.67-0.65, 1.3150-1.2900 and 92-90. The ranges are likely to hold in the near term until further directional clarity. Euro needs to see a sustained rise past 1.08, else Read More

FOREX The BOE and FED both went ahead with the 25 bps rate cuts each which were widely expected. The Dollar Index is trading lower within its range of 150.50/60-103. Euro, if sustained above current levels, can head towards 1.0850 or higher in the near term. EURINR has bounced well from the support around 90 Read More

FOREX The BOE and FED both went ahead with the 25 bps rate cuts each which were widely expected. The Dollar Index is trading lower within its range of 150.50/60-103. Euro, if sustained above current levels, can head towards 1.0850 or higher in the near term. EURINR has bounced well from the support around 90 Read More

FOREX The Dollar strengthened against major currencies after the victory of the Republican Donald Trump in the US Presidential Elections. The index has immediate resistance around 105.50/60 below which it can move lower within its range of 150.50/60-103. Euro, if sustained above current levels, can head towards 1.08 or higher in the near term. EURINR Read More

FOREX The early polls which showed Trump taking the lead led to the strengthening of the Dollar against most of the currencies. The index continues to remain volatile within the 105-103 range. Euro and EURINR witnessed a sharp fall from the level of 1.0936 and 92 respectively. A range of 1.0900-1.0750 and 91.50-90.50 can hold Read More

FOREX The Dollar Index remains volatile amid the speculations across markets on the US Elections. We may expect fluctuation within the 105-103 range in the near term. Euro failed to hold above 1.09 and has dipped instead. A range of 1.09-1.0775 can hold for some more time till we get some directional clarity by end Read More