SGX Nifty Premarket

FOREX The Dollar Index & Euro can move towards 101 & 1.14 respectively. EURINR continues to trade within 103-102 region. EURJPY is stuck between 179-177 region. The USDJPY can extend the ongoing rise to 156 or even 158 on a confirmed rise past 155. Immediate support at 154. USDCNY is holding the 7.10-7.15 range quite Read More

FOREX The Dollar Index & Euro can move towards 101 & 1.14 respectively. EURINR continues to trade within 103-102 region. EURJPY is stuck between 179-177 region. The USDJPY can extend the ongoing rise to 156 or even 158 on a confirmed rise past 155. Immediate support at 154. USDCNY is holding the 7.10-7.15 range quite Read More

FOREX The Dollar Index can head toward 100-101 if the rise sustains above 99.50-99.0. While Euro remain vulnerable to fall towards 1.15-1.14 while it trades below 1.1650. EURINR continues to trade within 103-102 region. EURJPY & USDJPY have immediate support below current levels. Need to see whether the support hold and rebound occurs or the Read More

FOREX The tentative tariffs truce between US-China & BOJ’s dovish stance supported the strength in Dollar. The Dollar Index can now rise towards 100-101 on a sustained move above 99.50. While Euro remains vulnerable to fall towards 1.15-1.14 while it trades below 1.1650. EURINR continues to trade within 103-102 region. EURJPY & USDJPY have risen Read More

FOREX The tentative tariffs truce between US-China & BOJ’s dovish stance supported the strength in Dollar. The Dollar Index can now rise towards 100-101 on a sustained move above 99.50. While Euro remains vulnerable to fall towards 1.15-1.14 while it trades below 1.1650. EURINR continues to trade within 103-102 region. EURJPY & USDJPY have risen Read More

FOREX The FED cut the rate but 25 bps thereby bringing the FFR at 4%. Dollar Index, Euro & EURINR continues to trade within 99.50-98.50, 1.1550-1.1700 & 102-103 region respectively for now. EURJPY & USDJPY have bounced a bit and if sustained above current levels, can attempt to test our earlier mentioned targets of 178-179 Read More

FOREX The Dollar Index & Euro can trade within 99.50-98.50 & 1.1550-1.1700 region respectively for now. EURINR needs to rise past 103 to head towards 104, else it can trade within 102-103 region. EURJPY & USDJPY have inched lower and a break below 176 & 151 if seen can make the pairs vulnerable to extend Read More

FOREX The Dollar Index is trading near 98.60 and failing to see an immediate bounce back can extend the fall to 98-97 as well. Euro & EURINR have risen past 1.1650 & 102.40 but face another resistance at 1.17 & 103 respectively. Need to see whether the resistance hold or extend the rise in both Read More

FOREX The Dollar Index needs to rebound from 98.60 toward 99.50 and above; otherwise, the fall could extend to 98.00–97.00. Euro is stuck within 1.1550-1.1650 region. EURINR can move towards 101.50-101.30 while it trades below 102.40. EURJPY & USDJPY can target 179 & 154 in the near term. USDCNY has slipped below 7.12, and price Read More

FOREX The Dollar Index needs to breach 99.50 to head towards 100-101 levels. Else, the pullback towards 98-97 looks likely. Euro is currently holding well the support near 1.1570-1.1550 region. Whether the pair will trade within 1.1550-1.1700 region or will it extend the fall to 1.15/14 region will have to be seen. On a break Read More