FOREX The Dollar Index can decline further within its 99-97/96 range. While Euro & EURINR have scope to head towards 1.18/19 and 105 or higher in the near term. EURJPY on a break past 175 can head towards 176 and above in the coming sessions. USDJPY started coming off from 150 itself and if the Read More
SGX Nifty Premarket
FOREX Stronger US GDP & Durable goods supported the strength in Dollar yesterday. The Dollar Index and Euro faces immediate resistance at support at 99 and 1.16 respectively. The EURINR while above 103.50 can remain ranged within 103.50-105.00. EURJPY on a break past 175 can head towards 176-178, else can fall back towards 172. USDJPY Read More
FOREX Stronger US GDP & Durable goods supported the strength in Dollar yesterday. The Dollar Index and Euro faces immediate resistance at support at 99 and 1.16 respectively. The EURINR while above 103.50 can remain ranged within 103.50-105.00. EURJPY on a break past 175 can head towards 176-178, else can fall back towards 172. USDJPY Read More
FOREX Weakening expectations for aggressive easing of FED rate cut supported the Dollar strength. The Dollar Index can broadly trade within 97/96-99 region for some time. The Euro & EURINR can initially fall towards 1.17 & 104.00-103.50 respectively before attempting to bounce back later. EURJPY needs to breach 175 to head towards 176-178, else can Read More
FOREX The Dollar Index is gradually coming off within its 98-96/95 range which can hold for some time. The Euro can ascend towards 1.19-1.20 while above 1.17. EURINR on a break past 105 can head towards 105.50-106.00. EURJPY needs to breach 174.50 to head towards 176-178, else can fall back towards 172. USDJPYhas a scope Read More
FOREX The Dollar Index can trade within 98-96/95 region for some time. While the Euro can ascend towards 1.19-1.20 while above 1.17.EURINR continues to hold the 103.00-104.50 range for now. EURJPY needs to breach 174.50 to head towards 176-178, else can fall back towards 172. USDJPY is holding well below 148.50 and has a scope Read More
FOREX The Dollar Index has resistance at 98 and the Euro has support at 1.17 which need to hold for them to test 97-96 and 1.18-1.19 respectively. Else, if Euro falls further to 1.17, the Dollar index can briefly break above 98. EURINR is headed towards support at 103 from where a bounce looks possible Read More
FOREX Lower US Unemployment claims at 231k (241k expected) & greater Philifed Index at 23.2 (1.7 expected) supported the strength in Dollar. The Dollar Index has risen but is facing immediate resistance; a clear break above this level could target 98–99 next. The Euro below 1.19 can target 1.17 or even 1.16 in the near Read More
FOREX Lower US Unemployment claims at 231k (241k expected) & greater Philifed Index at 23.2 (1.7 expected) supported the strength in Dollar. The Dollar Index has risen but is facing immediate resistance; a clear break above this level could target 98–99 next. The Euro below 1.19 can target 1.17 or even 1.16 in the near Read More
FOREX The FED Delivered 25-bps rate cut as widely expected and signaled two more reductions this year and only one in 2026.The Dollar Index tested 96.28 and while above 96 a rise back towards 98-99 can happen. The Euro and EURINR are coming off from 1.1918 and 104.38 and can extend the fall towards 1.17-1.16 Read More