FOREX The Dollar Index is nearing the support around 107.75 region, need to see whether it holds and bounces back again or extends the fall further. The Euro on a sustained rise past 1.0450 can head towards 1.05 or higher. EURINR if sustained can rise towards 91 in the near term. BOJ is scheduled today. Read More
SGX Nifty Premarket
FOREX The Dollar Index is nearing the support around 107.75 region, need to see whether it holds and bounces back again or extends the fall further. The Euro on a sustained rise past 1.0450 can head towards 1.05 or higher. EURINR if sustained can rise towards 91 in the near term. BOJ is scheduled today. Read More
FOREX The Dollar Index is holding above the support around 107.75 quite well for now. A break past 109 will be needed to bring back bullishness in the Index. The Euro failed to sustain its rise past 1.0450 which is needed to head towards 1.05 or higher. Any break below 1.04 if seen can drag Read More
FOREX Major Currencies witnessed sharp movements amid speculations on the Trump’s Tariffs policy. The Dollar Index is back near its support around 108.00-107.75. We need to see whether it holds or extends the fall further. The Euro has risen well but the possible rejection region is coming around 1.0450. EURINR needs to decisively break past Read More
FOREX The Trump’s statement on not imposing tariffs immediately led the Dollar to weaken against major currencies. The Dollar Index has broken below 108.75 but could find deeper support around 108.00-107.75 region. Our target of 111 is kept on hold for now. The Euro has risen well but could face rejection from 1.04. EURINR continues Read More
FOREX The Dollar Index rose past 109 on stronger data releases on Friday and the view remains intact to see a rise towards 111. The Euro can fall to 1.02 or lower in the near term while below 1.03-1.04. EURINR continues to remain volatile within the 90-88 region. USDJPY has bounced well from support around Read More
FOREX The Dollar Index is trading near the support of around 108.75. For now, the view remains intact to see a rise towards 111. The Euro can have an upside capped at 1.0350/04 and can fall to 1.02 or lower in the near term. EURINR continues to remain volatile within the 90-88 region. USDJPY has Read More
FOREX The Dollar Index is trading near the support of around 108.75. For now, the view remains intact to see a rise towards 111. The Euro can have an upside capped at 1.0350/04 and can fall to 1.02 or lower in the near term. EURINR continues to remain volatile within the 90-88 region. USDJPY has Read More
FOREX The Dollar Index extended its fall to the support around 108.60 before rising back. While above 109.00-108.75, the view remains intact to see a rise towards 111. The Euro tested the resistance at 1.0350 before coming down. A fall to 1.0200-1.0150 can be seen while below 1.0400. EURINR continues to remain volatile within the Read More
FOREX The Dollar Index has been coming off since the last two sessions but while above 109.00-108.75, the view remains intact to see a rise towards 111. The Euro has risen well but could face rejection around 1.0300-1.0350 region. EURINR is trading higher but still needs to see a decisive break on either side of Read More