FOREX The Dollar Index can move toward 100-100.50 levels while it trades above 98.75/50. EURUSD has a scope to fall towards 1.160-1.155 while below 1.17. EURINR can trade within 104.50-106.00 region. EURJPY need to see a break past 185 to head toward 186-187 levels. While USDJPY will have to sustain above 158 to extend the Read More
SGX Nifty Premarket
FOREX FED chair Jerome Powell has been served grand jury subpoenas from the Justice Department threatening a criminal indictment. The Dollar Index has moved slightly lower but the target of 100-101 levels remains into play while the DXY trades above 98.75. EURUSD has a scope to fall towards 1.160-1.155 while it trades below 1.17. EURINR Read More
FOREX The Dollar Index need to see a confirmed break past 99 to head towards 100-10 levels. EURUSD has moved below 1.165 and if sustained, can extend the fall to 1.160-1.155. EURINR remains vulnerable to fall towards 104.50-104.00 while below 105. EURJPY & USDJPY continues to hold the 182-185 & 154-158 range respectively for now. Read More
FOREX The Dollar Index need to see a confirmed break past 99 to head towards 100-10 levels. EURUSD has moved below 1.165 and if sustained, can extend the fall to 1.160-1.155. EURINR remains vulnerable to fall towards 104.50-104.00 while below 105. EURJPY & USDJPY continues to hold the 182-185 & 154-158 range respectively for now. Read More
FOREX The Dollar Index is rising within the 97.75-98.85 region. A break past 99 will be required to make the outlook further bullish. EURUSD is declining and a break below 1.165 if seen can make it vulnerable to fall towards 1.160-1.155. EURINR is also coming off and a break below 105 if seen, can take Read More
FOREX The Dollar Index can trade within 97.75-98.85 region for a while. EURUSD is trading below 1.1750 but a confirmed break below 1.170-1.165 will be needed to make the outlook further bearish. EURINR is trading within 105-106.25 region. EURJPY & USDJPY continues to hold the 182-185 & 154-158 range respectively for now. USDCNY is stuck Read More
FOREX Weaker-than-expected US ISM at 47.90 (48.30) and comments from a Fed official indicating that unemployment could rise further led to a decline in the Dollar Index. The Dollar Index can trade within 98.85-97.75 region for a while. EURUSD has risen above 1.17 again but faces immediate resistance between 1.1750-1.1800. EURINR is trading within 105-106.25 Read More
FOREX The Dollar Index is trading higher within its 97.75-98.75 range. EURUSD has dipped below 1.17 and failing to rise back can extend the fall to 1.16. EURINR is trading within 106.25-105 region. EURJPY & USDJPY can remain range bound between 183-185 & 154-158 region for some time. USDCNY can fall towards 6.95 or even Read More
FOREX The Dollar Index can consolidate between 98.75-97.75 region for some time before a breakout occurs. EURUSD & EURINR can trade within 1.17-1.18 & 105.00-106.25 region. EURJPY & USDJPY can remain range bound between 182-186 & 154-158 region for some time. USDCNY can fall towards 6.95 or even further in the near term. Aussie & Read More
FOREX The Dollar Index can consolidate between 98.75-97.75 region for some time before a breakout occurs. EURUSD & EURINR can trade within 1.17-1.18 & 105.00-106.25 region. EURJPY & USDJPY can remain range bound between 182-186 & 154-158 region for some time. USDCNY can fall towards 6.95 or even further in the near term. Aussie & Read More