SGX Nifty Premarket

FOREX The DXY has risen as expected and could test 98 while the Euro is declining towards 1.17. EURINR could continue to dip towards support near 107-106.50. EURJPY can test 184 a break above which is needed for a further rise to 186. USDJPY has moved up well and can test 156. USDCNY is stuck Read More

FOREX The DXY could head towards 96.75-98 while Euro can dip to 1.18-1.17 while below 1.1875. EURINR could continue to dip towards support near 107-106.50 while below 108. EURJPY and USDJPY look bullish for a slow rise to 184/186 and 155/156 respectively while above respective supports at 181/180 and 152/151. USDCNY can rise to 6.92/95 Read More

FOREX The DXY could head towards 96.75-98 while Euro can dip to 1.18-1.17 while below 1.1875. EURINR could continue to dip towards support near 107-106.50 while below 108. EURJPY and USDJPY look bullish for a slow rise to 184/186 and 155/156 respectively while above respective supports at 181/180 and 152/151. USDCNY can rise to 6.92/95 Read More

FOREX The DXY seems to be stuck in a very narrow range just above 96.75 and could have scope to rise to 97.75/98 while it holds. Euro has broken below our expected support at 1.1850 and could test 1.18-1.17 while the decline sustains. EURINR could continue to dip towards 107-106.50 while below 108. EURJPY and Read More

FOREX The DXY has dipped below 97 but needs to rebound back immediately to rise towards 97.50/98. Euro has support at 1.1850 which is likely to hold and push the spot towards 1.1950-1.20. EURINR on the other hand could dip to 106.35 while below 108. EURJPY could gradually rise to 184/186 while above 181/180. USDJPY Read More

FOREX The DXY can rise to 97.50/98 while above 97. EURUSD can trade within 1.1950-1.1750 region while EURINR seems to be rising towards 108/110 while above 106/107. EURJPY has support near 180 above which a rise to 184/186 looks likely in the medium term while USDJPY can rise towards 154/156 while above 153. USDCNY trades Read More

FOREX The DXY can rise to 97.50/98 while above 97. EURUSD can trade within 1.1950-1.1750 region while EURINR seems to be rising towards 108/110 while above 106/107. EURJPY has support near 180 above which a rise to 184/186 looks likely in the medium term while USDJPY can rise towards 154/156 while above 153. USDCNY trades Read More

FOREX The DXY can decline towards 96.00-95.50 with upside capped at 97.50. EURUSD can attempt to rise towards crucial resistance near 1.20 while above 1.18 while . EURINR can test support at 106 and bounce back towards 109-110. EURJPY has support near 180 from where a rebound can take the pair back to 184/186 in Read More

FOREX The DXY can decline towards 96.00-95.50 in the near term. While, EURUSD can attempt to rise towards 1.20 and higher. EURINR can target 109-110 while it stays above 107. EURJPY is coming off within its 187.50-182.50 range. USDJPY can fall towards 153-152 levels before rebounding later on. USDCNY can drift toward 6.90-6.85 levels. The Read More

FOREX The DXY declined over the news of Chinese banks might cut U.S. Treasury holdings. If the fall continues further, a test to 96.00-95.50 can be seen. EURUSD has rise past 1.1850 and while it sustains, a test to 1.20 and above can happen. EURINR has a scope to rise towards 109-110 while it remains Read More