SGX Nifty Premarket

FOREX The Dollar Index remains bullish towards 110-111 in the near term, while Euro on a confirmed break below 1.03 can drag the pair to 1.02 or even 1.00 in the medium term. EURINR and AUDUSD need to see a decisive break on either side of their respective ranges of 90-88 and 0.63-0.62 for further Read More

FOREX The Dollar Index remains bullish towards 110-111 in the near term, while Euro on a confirmed break below 1.03 can drag the pair to 1.02 or even 1.00 in the medium term. EURINR and AUDUSD need to see a decisive break on either side of their respective ranges of 90-88 and 0.63-0.62 for further Read More

FOREX The Dollar Index is rising as expected and overall our view remains bullish towards 110-111 in the near term. Euro has upside capped at 1.0450 and a confirmed break below 1.03 can drag the pair to 1.02 or even 1.00 in the medium term. EURINR and AUDUSD need to see a decisive break on Read More

FOREX The Dollar Index is holding well above the immediate support around 107.75-108.00, above which targets of 110-111 remains intact in the near term. Euro is coming off as expected and a fall to 1.03 or even lower can be witnessed, while below 1.05. EURINR and AUDUSD continues to remain volatile within the 90-88 and Read More

FOREX The major currencies witnessed sharp movements yesterday due to a significant rise in the Euro post stronger PMI release. The Dollar Index slipped to the low of 107.75 but has risen past 108 again. While above 108, targets of 110-111 remains intact in the near term. Euro has an upside capped at 1.0450 for Read More

FOREX The Dollar Index can test the resistance coming around 110-111 region in the near term while above 108.00-108.50. Euro could face rejection from 1.0350-1.0400 region. EURINR and USDJPY can trade sideways between 88-89/90 and 156-158 respectively for the near term. Pound and EURJPY have risen past 1.24 and 162 again. EURJPY can head towards Read More

FOREX The Dollar Index tested 109.50 as expected and now if the rise continues further, can test the resistance coming around 110-111 region in the near term. Meanwhile Euro has slipped below 1.03 on weaker PMI and Dovish ECB outlook. If the fall extends, pair could be vulnerable to test 1.01-1.00 on the downside. EURINR Read More

FOREX The Dollar Index tested 109.50 as expected and now if the rise continues further, can test the resistance coming around 110-111 region in the near term. Meanwhile Euro has slipped below 1.03 on weaker PMI and Dovish ECB outlook. If the fall extends, pair could be vulnerable to test 1.01-1.00 on the downside. EURINR Read More

FOREX The Dollar Index above 108-107.50, can rise towards 109.0-109.5 in the near term while Euro, EURINR, USDJPY and GBPUSD can trade sideways between 1.0450-1.0350/1.03, 89.5-88.5/88, 156-158 and 1.2600/1.2650-1.2500 respectively for the near term. EURJPY has risen a bit and while above 162, can target 164-165 in the coming sessions. Aussie has risen above 0.62 Read More

FOREX The Dollar Index can rise towards 109.0-109.5 in the near term while Euro, EURINR, USDJPY and GBPUSD can trade sideways between 1.0350/1.03-1.0450, 89.5-88.5/88, 158-156 and 1.26/1.2650-1.2500 respectively for the near term. EURJPY and Aussie look bearish towards 162 and 0.6150-0.6100 respectively. USDCNY continues to hover below 7.30 but as long as it holds above Read More