SGX Nifty Premarket

FOREX Trump’s ‘’One, Big, Beautiful Bill” of spending and tax cuts got narrowly passed that is estimated to add $ 3.4 trillion to the nation’s $ 36.2 trillion debt. The Dollar Index rose well yesterday. The range of 96-98/99 can hold for some time. The Euro can test the support near 1.17 if it falls Read More

FOREX Trump’s ‘’One, Big, Beautiful Bill” of spending and tax cuts got narrowly passed that is estimated to add $ 3.4 trillion to the nation’s $ 36.2 trillion debt. The Dollar Index rose well yesterday. The range of 96-98/99 can hold for some time. The Euro can test the support near 1.17 if it falls Read More

FOREX The Dollar Index can trade within its immediate range of 96-98/99 for some time before a break happens. A fall below 96 is not anticipated for now. The Euro is trading near 1.18 region. If the pair falls further, can test the support near 1.17. Overall, the targets of 1.19-1.20 are kept alive for Read More

FOREX FED Chair Jerome Powell said that the Fed is taking a patient approach to further interest rate cuts, but didn’t rule out a reduction. The Dollar Index has held the support near 96 for now. A further rise within its immediate range of 96-98/99 is possible. The Euro on the other hand is coming Read More

FOREX The Dollar Index is nearing the lower end of its 99-96 range. While the Euro has risen past 1.1750 and if sustained, can head towards 1.18-1.20. EURINR will have to rise past 101 to turn bullish in the near term. EURJPY needs to see a break past 170 to maintain its bullishness, else a Read More

FOREX The Dollar Index is trading lower within its 99-96 range. The Euro on the other hand needs a break past 1.1750 to head towards 1.18-1.20. EURINR will either have to rise past 101 or fall below 100 to give us further clarity. EURJPY needs to see a break past 170 to maintain its bullishness, Read More

FOREX President Donald Trump is going to announce the next FED chair soon. Markets speculate that the new chairman can guide monetary policy in a more dovish direction. The Dollar Index can have the downside limited to 96. Overall, it can trade within the 99-96 range for Euro and EURINR below 1.17 and 101.00 can Read More

FOREX President Donald Trump is going to announce the next FED chair soon. Markets speculate that the new chairman can guide monetary policy in a more dovish direction. The Dollar Index can have the downside limited to 96. Overall, it can trade within the 99-96 range for Euro and EURINR below 1.17 and 101.00 can Read More

FOREX The Dollar Index can fall towards 97-96 before halting. Meanwhile Euro and EURINR can test 1.17 and 100.50-101.00 respectively before possibly turning lower. EURJPY has risen well and is likely to test 170 as well. Thereafter, whether the rise extends further or not will have to be seen. USDJPY has immediate support near 144 Read More

FOREX The Dollar Index and Euro are headed towards 97-96 and 1.17 respectively. EURINR below 100.60 can dip to 99-98. Only if an immediate rise past 100.60 happens, can extend the rise towards 102. EURJPY and USDJPY can fall towards 166 and 144 respectively before attempting to bounce back in the near term. USDCNY is Read More