FOREX Currencies have moved contrary to our near term expectations, reversing the immediate trends seen yesterday. The Dollar index rose back above 102 much faster than expected while Euro tested 1.1164 before bouncing back to current levels. A sustained break below 1.12 can be strongly bearish. USDJPY has dipped back into the 156-159 zone while Read More
SGX Nifty Premarket
FOREX The Dollar index has seen a pull back but could be limited to 101.50-101 before again resuming the upmove while Euro is bearish below 1.13 and can see trade between 1.13-1.12 in the near term before eventually breaking lower. USDJPY can see a slow rise to 159-160 while EURJPY can test 180/181. EURINR could Read More
FOREX The Dollar index looks bullish for the near term while the Euro is bearish below 1.13. USDJPY can rise slowly towards 159 while EURJPY looks weak. EURINR could have limited downside and could soon bounce back in the coming sessions, while USDCNY is closed today. USDINR has scope to test 96.00-95.80 while below 96.35/50. Read More
FOREX The Dollar index has risen well but needs to sustain above 102 to ensure further upside, while the Euro trades below 1.13, indicating the start of a medium-term bearish movement. USDJPY can rise slowly towards 159 while EURJPY looks weak. EURINR could have limited downside and could soon bounce back in the coming sessions, Read More
FOREX The Dollar index could trade above 101 but needs to see whether it can breakout above 102 while Euro has corresponding support at 1.13. USDJPY can slowly rise back towards 159 while above 156 while EURJPY can trade within 181-178 region for the near term. USDINR has mild scope of testing 95.50 while below Read More
FOREX The Dollar index could trade above 101 but needs to see whether it can breakout above 102 while Euro has corresponding support at 1.13. USDJPY can slowly rise back towards 159 while above 156 while EURJPY can trade within 181-178 region for the near term. USDINR has mild scope of testing 95.50 while below Read More
FOREX The Dollar index could trade above 101 but needs to see whether it can breakout above 102 while Euro has corresponding support at 1.13. USDJPY can slowly rise back towards 159 while above 156 while EURJPY can trade within 181-178 region for the near term. USDINR has mild scope of testing 95.50 while below Read More
FOREX The Dollar index has risen and has scope to test 101.60/80 or even 102 in the near term but thereafter it is to be seen whether the index declines back or manages to rise above 102. Similarly, Euro is holding above crucial support at 1.13 which if breaks would indicate an initial bearish breakout Read More
FOREX The Dollar index risen and has scope to test 101.60/80 in the near term before pausing for a reversal, while Euro can test support at 1.13. USDJPY has scope to rise slowly towards 158-159 while EURJPY can test 180 in the next few sessions within the broader 181-178 range. USDCNY is headed towards 6.70 Read More
FOREX The Dollar index has dipped after testing resistance and could dip for the next few sessions while Euro can rise from here. USDJPY has dipped below 158 and is headed towards 157/156 while EURJPY can trade within 181-178 region for the near term. USDINR has mild scope of testing 95.50 while below 96 but Read More
