SGX Nifty Premarket

FOREX The Dollar Index needs to rise past 102.75 to make the outlook further bullish. Else it can get dragged towards 102 or even lower. The Euro failed in its attempt to rise past 1.10 and while below it, a test to the support of 1.09 could be seen. The outlook on USDJPY and EURJPY Read More

FOREX The Dollar Index needs to rise past 102.75 to make the outlook further bullish. Else it can get dragged towards 102 or even lower. The Euro is attempting to rise back. A confirmed break past 1.10 if seen, can take it higher to 1.1050. Failure to do so can lead to a fall to Read More

FOREX The Dollar Index gained strength on Friday after the Stronger US NFP and lower Unemployment release. Still, a rise past 102.50/75 will be needed to head towards 104 or higher in the near term. Euro slipped below 1.10 and if the fall continues, it can get extended to 1.09 in the coming sessions. USDJPY Read More

FOREX The Dollar Index surged yesterday to 102.09 possibly as safe haven amidst the escalating tensions in the Middle East. The index needs to sustain above 102 to continue moving up, else can fall back towards 101-100.50 again. Euro is headed towards 1.10 which needs to sustain to prevent a further dip to 1.0950/1.09. USDJPY Read More

FOREX The Dollar Index surged yesterday to 102.09 possibly as safe haven amidst the escalating tensions in the Middle East. The index needs to sustain above 102 to continue moving up, else can fall back towards 101-100.50 again. Euro is headed towards 1.10 which needs to sustain to prevent a further dip to 1.0950/1.09. USDJPY Read More

FOREX Major currencies are trading near their potential reversal levels from where either they can rise back or see a corrective fall in the near term. The Dollar Index has risen well on stronger US ADP Employment. A rise past 102 will be needed to maintain the ongoing trend. The Euro is headed towards support Read More

FOREX The Dollar Index can remain stable within 101.50-100.20 for now. Watch US ISM Manufacturing data release scheduled today. The Euro, while below 1.12 can trade within 1.12-1.11 for now. USDJPY and EURJPY seem to be rising well but could soon face near term resistance which could limit the upside. The Aussie needs to rise Read More

FOREX The Dollar Index can remain stable within 101.50-100.20 for now. Watch US ISM Manufacturing data release scheduled today. The Euro, while below 1.12 can trade within 1.12-1.11 for now. USDJPY and EURJPY seem to be rising well but could soon face near term resistance which could limit the upside. The Aussie needs to rise Read More

FOREX The lower US PCE and Personal income took the Dollar Index to the low of 100.15 before recovering a bit from there. An immediate range of 101.50-100.20 can hold for some time. The Euro, while below 1.12 can fall towards 1.1050-1.10 in the medium term. USDJPY and EURJPY remained volatile due to the Presidential Read More

FOREX The Dollar Index is trading within the immediate range of 100.25-101.50/75 which can hold for a while. Watch US PCE and Personal income data release scheduled today. Euro is trading higher within the range of 1.11-1.12, but can extend the fall towards 1.1050-1.10 in the medium term. USDJPY and EURJPY need to see a Read More