FOREX The Dollar Index can trade within 97.75-98.85 region for a while. EURUSD is trading below 1.1750 but a confirmed break below 1.170-1.165 will be needed to make the outlook further bearish. EURINR is trading within 105-106.25 region. EURJPY & USDJPY continues to hold the 182-185 & 154-158 range respectively for now. USDCNY is stuck Read More
SGX Nifty Premarket
FOREX Weaker-than-expected US ISM at 47.90 (48.30) and comments from a Fed official indicating that unemployment could rise further led to a decline in the Dollar Index. The Dollar Index can trade within 98.85-97.75 region for a while. EURUSD has risen above 1.17 again but faces immediate resistance between 1.1750-1.1800. EURINR is trading within 105-106.25 Read More
FOREX The Dollar Index is trading higher within its 97.75-98.75 range. EURUSD has dipped below 1.17 and failing to rise back can extend the fall to 1.16. EURINR is trading within 106.25-105 region. EURJPY & USDJPY can remain range bound between 183-185 & 154-158 region for some time. USDCNY can fall towards 6.95 or even Read More
FOREX The Dollar Index can consolidate between 98.75-97.75 region for some time before a breakout occurs. EURUSD & EURINR can trade within 1.17-1.18 & 105.00-106.25 region. EURJPY & USDJPY can remain range bound between 182-186 & 154-158 region for some time. USDCNY can fall towards 6.95 or even further in the near term. Aussie & Read More
FOREX The Dollar Index can consolidate between 98.75-97.75 region for some time before a breakout occurs. EURUSD & EURINR can trade within 1.17-1.18 & 105.00-106.25 region. EURJPY & USDJPY can remain range bound between 182-186 & 154-158 region for some time. USDCNY can fall towards 6.95 or even further in the near term. Aussie & Read More
FOREX The Dollar Index need to see a confirmed break past the resistance coming near current levels to head towards 99 and higher levels. EURUSD & EURINR can trade within 1.18-1.17 & 106.25-105.00 region. EURJPY & USDJPY can remain range bound between 182-186 & 154-158 region for some time. USDCNY has slipped below 7.00 and Read More
FOREX The Dollar Index need to see a confirmed break past the resistance coming near current levels to head towards 99 and higher levels. EURUSD & EURINR can trade within 1.18-1.17 & 106.25-105.00 region. EURJPY & USDJPY can remain range bound between 182-186 & 154-158 region for some time. USDCNY has slipped below 7.00 and Read More
FOREX The Dollar Index will either have to rise past 98.25 or fall below 97.75 to get further directional clarity. EURUSD is stuck between 1.1750-1.1800 region. EURINR can rise towards 106.50-107.00. EURJPY & USDJPY can remain range bound between 182-186 & 154-158 region for some time. USDCNY is near 7.00 region. It remains to be Read More
FOREX The Dollar Index has resistance coming near 98.25. Need to see whether it holds and pushes the index to 97-96 or takes it higher. EURUSD need to see a confirm break past 1.18 to bring higher levels into picture, else a dip towards 1.17–1.16 looks likely. EURINR has bounced from support and can rise Read More
FOREX The Dollar Index has edged up but needs to reclaim 98 to move higher, else it risks slipping towards 97–96. EURUSD faces strong resistance near 1.18, with a dip towards 1.17–1.16 likely if it holds. EURINR has bounced from support and can rise towards 107. EURJPY remains range-bound with scope for a dip towards Read More