FOREX The Dollar Index looks bullish towards 107-108 in the near term while above 105.50. Euro and EURINR are likely to fall back towards 1.04 and 88 respectively. Aussie and Pound can remain ranged within 0.6550-0.6400 and 1.2750-1.2450. USDCNY, above 7.27 can extend the rise to 7.30-7.35 in the near term. USDJPY needs to see Read More
SGX Nifty Premarket
FOREX The Dollar Index moved up significantly on high US Manufacturing ISM at 48.4. The view remains bullish towards 107-108 in the near term while above 105.50. Euro and EURINR are coming off towards 1.04 and 88 respectively as expected. Aussie and Pound are likely to remain ranged within 06.550-0.6400 and 1.2750-1.2450. USDCNY has moved Read More
FOREX The Dollar Index can bounce back towards 107-108 in the near term while above 105.50. Euro and EURINR have interim resistances at 1.06 and 89.50 and higher at 1.07 and 90 respectively which suggests limited upside for both the pairs. Aussie and Pound need to see a rise past 0.6550 and 1.28 to become Read More
FOREX The Dollar Index is headed towards support around 105.75. While it holds, we retain our view of seeing a bounce back towards 107-108 in the coming sessions. Euro and EURINR are nearing the mentioned resistance around 1.06 and 89.50 respectively. Watch price action closely around these levels to see whether it holds or not. Read More
FOREX The Dollar Index is headed towards support around 105.75. While it holds, we retain our view of seeing a bounce back towards 107-108 in the coming sessions. Euro and EURINR are nearing the mentioned resistance around 1.06 and 89.50 respectively. Watch price action closely around these levels to see whether it holds or not. Read More
FOREX The Dollar Index extended the fall to the low of 105.85 but has recovered from there and now has a scope to bounce back towards 108-110 in the medium term. Euro and EURINR below 1.06 and 89.50, look bearish in the medium term. Aussie and Pound have gained strength but still, a decisive break Read More
FOREX The Dollar Index, despite seeing a fall yesterday has sustained well above 106.50 and could be soon headed towards 109-110. EURUSD and EURINR have limited upside to 1.055-1.060 and 89.00-89.50 respectively and appear bearish in the medium term. Aussie and Pound can remain bearish for a while below 0.655 and 1.27. USDCNY looks stable Read More
FOREX While the Dollar Index holds above 106.50, the near term looks bullish towards 109-110. EURUSD on the other hand appears bearish towards 1.03-1.02 and any rise if seen can be limited to 1.055-1.060. EURINR has a scope to rise towards 89-89.50 above 88 . Aussie and Pound failed to sustain their rise and started Read More
FOREX The fall in Eurozone PMI led the Dollar Index to rise sharply to 108.07 and Euro to fall to the low of 1.0332 on Friday but both the Euro and the Dollar Index have reversed from those levels. While the Dollar Index holds above 106, the medium term looks bullish towards 109-110. EURINR has Read More
FOREX The Dollar Index rose in line with our bullish view and while above 106 has a scope to see a rise towards 109. The Euro and EURINR are headed towards 1.04 and 88 respectively. Thereafter, we need to see whether the fall extends further, or the pairs bounce back. Aussie and Pound look bearish Read More