SGX Nifty Premarket

FOREX The Dollar Index gained strength after the stronger US Consumer Confidence release at 98. Still, while below 101 the targets of 98-96 are kept open. EURUSD has declined a bit but we retain our bullish view while it trades above 1.1300-1.1270. EURINR is moving within a narrow range of 97.50-96.50. EURJPY can broadly remain Read More

FOREX The Dollar Index and EURUSD can head towards 98-96 and 1.15-1.16 respectively. EURINR has interim resistance at 97.50, break past which will be needed to rise further. Else, the cross can fall back towards 96.50-96.00. EURJPY can broadly remain within the 165-160 region. USDJPY can extend the fall to 142-140 in the coming sessions. Read More

FOREX U.S. President Donald Trump once again ratcheted up his trade war by stating that the European Union be hit with 50% tariffs but extended the deadline to July 9 from June 1. The Dollar Index can fall towards 98-96, while the Euro can rise towards 1.15-1.16. EURINR has interim resistance at 97.50, need to Read More

FOREX The Dollar Index has immediate upside capped at 101 and below it that view remains intact to see a fall towards 98-96. The Euro can head towards 1.15-1.16, while it trades above 1.12. EURINR has interim resistance at 97.50, need to see whether it holds or continue the rise further. EURJPY on a break Read More

FOREX The Dollar Index has immediate upside capped at 101 and below it that view remains intact to see a fall towards 98-96. The Euro can head towards 1.15-1.16, while it trades above 1.12. EURINR has interim resistance at 97.50, need to see whether it holds or continue the rise further. EURJPY on a break Read More

FOREX The Dollar Index and Euro can head towards 98-96 and 1.14-1.15 respectively in the near term. EURINR is rising as anticipated and the targets of 97-98 can be achieved in the near term. EURJPY on a break below 162 can test 160 on the downside. Overall, it can broadly remain ranged within 165-160 region. Read More

FOREX The Dollar Index has slipped below 100 and the Euro has risen past 1.13. The index can now extend the fall towards 98-96, while Euro can head towards 1.14/15 if the ongoing movement sustains in both. EURINR is rising as anticipated and the targets of 97-98 can be achieved in the near term. EURJPY Read More

FOREX The Dollar Index and the Euro continues to hold their respective ranges of 102-100 and 1.11-1.13. A break below 100 in index can drag it further to 98-96, while Euro can head towards 1.14 and higher on a break past 1.13. EURINR above 95 has a scope to rise back towards 97-98. EURJPY and Read More

FOREX The Dollar Index and the Euro needs to see a break on the either side of their respective ranges of 102-100 and 1.11-1.13. EURINR has immediate resistance at 96, break past which will be needed to rise further. EURJPY and USDJPY can towards 161-160 and 145-144 respectively before rising back. AUDUSD can trade within Read More

FOREX The Dollar Index has support near 100.50-100.00 region, a confirmed break below 100 can extend the fall to 99-96. Immediate upside is capped at 101.50-102.00. The Euro needs to break past 1.13 to rise further, else it can be vulnerable to fall back. EURINR is stuck within 96-95 region for now. EURJPY and USDJPY Read More