SGX Nifty Premarket

FOREX The FOMC is scheduled today. While the 25-bps rate cut is priced in by the markets, attention will turn to Chair Powell’s remarks for signals on future easing.The Dollar Index can test the support near 96 before halting. The Euro and EURINR can rise towards 1.19-1.20 and 105 or higher in the near term. Read More

FOREX The Dollar Index is coming off as anticipated and can test our targets of 97-96 in the near term. The Euro and EURINR need to see a break above 1.18 and 104 to bring the 1.19 and 105 levels into picture. EURJPY and USDJPY can hold the immediate ranges of 172-174 and 149-146 respectively Read More

FOREX The Dollar Index can be vulnerable to fall towards 97 or even 96 while below 98. The Euro is moving higher within the 1.16-1.18 range. EURINR is stuck within the 103-104 range. EURJPY and USDJPY can hold the immediate ranges of 174-172 and 149-146 respectively in the near term. USDCNY needs to see a Read More

FOREX The Dollar Index failed to sustain its rise past 98 and while below it, the index can be vulnerable to fall towards 97 or even 96. The Euro is moving higher within the 1.16-1.18 range. EURINR is headed towards the resistance near 104. EURJPY and USDJPY can hold the immediate ranges of 172-174 and Read More

FOREX The Dollar Index failed to sustain its rise past 98 and while below it, the index can be vulnerable to fall towards 97 or even 96. The Euro is moving higher within the 1.16-1.18 range. EURINR is headed towards the resistance near 104. EURJPY and USDJPY can hold the immediate ranges of 172-174 and Read More

FOREX The Dollar Index can head towards 99-100 in the near term on a confirmed break above 98. The Euro and EURINR are moving within their respective ranges of 1.18-1.16 and 103.50-102.50. EURJPY needs to bounce from support at 172 to keep the 172-174 range intact, while USDJPY can trade within the 146-149 region. USDCNY Read More

FOREX The Dollar Index has bounced well from the low of 97.25. Still a break past 98 will be needed to open the doors for 99-100 in the near term. The Euro is coming off within its 1.18-1.16 range. EURINR has slipped below 103.50 and is back within its 103.50-10.250 range. EURJPY and USDJPY can Read More

FOREX The Dollar Index continues to fall further. A test to 97.00-96.50 looks likely to happen before bouncing back later. The Euro on a break past 1.18 can head towards 1.19 as well. Else can continue to trade within the 1.18-1.16 region. EURINR needs to see a sustained rise above current levels to head towards Read More

FOREX Weaker US NFP and higher US Unemployment pulled the Dollar index lower on Friday. Still, the Dollar Index, Euro and the EURINR continue to hold within the respective ranges of 97-99, 1.18-1.16 and 103.50-102.50 for now. EURJPY and USDJPY can trade within the 174-172 region 149-147/46 region, while below 174 and 149. USDCNY can Read More

FOREX The Dollar Index, Euro and the EURINR continue to hold within the respective ranges of 97-99, 1.15-1.18 and 102.00-103.50 in the near term. A better directional clarity could be expected after the US NFP, Avg hrly Earnings and the Unemployment scheduled today. EURJPY can trade within the 172-174 region while the resistance at 174 Read More