FOREX Major currency pairs witnessed volatile movements yesterday. The news came in that President Donald Trump has announced 10% tariffs across all imports and higher duties on some of the U.S.’s biggest trading partners. The Dollar Index slipped below 103.75 and now looks bearish to 102-101. On the other hand, Euro has surged past 1.09 Read More
SGX Nifty Premarket
FOREX The Dollar Index and Euro are trading between 103.75-104.75 and 1.0850-1.0750/30 region respectively. Still, the Index looks bearish to 103-102, while it trades below 105. EURINR needs to sustain above 92.50 and rise past 93, else can fall back towards 92.0-91.5. USDJPY above 149 can attempt to rise back towards 151. EURJPY is trading Read More
FOREX The Dollar Index below 105 can be vulnerable to fall back towards 103. The Euro is stuck between 1.7050-1.0850 region, break above which can take it higher to 1.095. EURINR needs to sustain above 92.50 and rise past 93, else can fall back towards 92.0-91.5. USDJPY above 149 can attempt to rise back towards Read More
FOREX The Dollar Index needs a strong break past 105 to rise further, else can be vulnerable to fall back towards 103. The Euro is stuck between 1.7050/30-1.0850 region. EURINR needs to sustain above 92.50 to rise towards 93, else any break below 92 can be bearish for the cross. USDJPY on a rise past Read More
FOREX The Dollar Index needs a strong break past 105 to rise further, else can be vulnerable to fall back towards 103. The Euro is stuck between 1.7050/30-1.0850 region. EURINR needs to sustain above 92.50 to rise towards 93, else any break below 92 can be bearish for the cross. USDJPY on a rise past Read More
FOREX The Dollar Index needs a strong break past 105 to rise further, else can be vulnerable to fall back towards 103. The Euro is stuck between 1.7050/30-1.0850 region. EURINR needs to sustain above 92.50 to rise towards 93, else any break below 92 can be bearish for the cross. USDJPY on a rise past Read More
FOREX U.S. President Donald Trump slapped a 25% tariff on imported cars and light trucks starting next week. The Dollar Index has risen as anticipated and if sustained, can head towards the resistance near 105.00-105.25. The Euro is stuck between 1.7050/30-1.0850 region. EURINR has broken below the support near 92.50. Now we need to see Read More
FOREX The Dollar Index needs to sustain above 104, to rise to the resistance near 105.00-105.25. The Euro has fallen below 1.08 and if the fall continues, can get drag towards 1.705-1.070. EURINR if fails to see immediate bounce from current levels, can be vulnerable to fall towards 92 or lower. USDJPY and EURJPY above Read More
FOREX The Dollar Index if sustains above 104, can head towards the resistance near 105.25-105.50. The Euro is trading lower within its range of 1.095-1.080. A strong break below 1.08 can drag it towards 1.705-1.070. EURINR has immediate support around current levels. Need to see whether it holds or not. USDJPY has risen past 150, Read More
FOREX The Dollar Index has risen past 104 again but can have upside limited to 105.0-105.50. The lower targets of 103-102 are kept open in Dollar Index until further clarity. The Euro is trading lower within its range of 1.095-1.080. A strong break below 1.08 will be needed to confirm that it has peaked out Read More