FOREX Watch out for the BOC and FOMC scheduled today and ECB tomorrow. The Dollar Index at the moment appears uncertain on whether it will head towards 109 and higher or it will test deeper support around 106.00-105.50. The FOMC can shed some light on where the index might be headed. The Euro have fallen Read More
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FOREX The Dollar Index remains volatile ahead of the FOMC, ECB and the Tariffs speculations. At the moment index appears uncertain on whether it will head towards 109 and higher or it will test deeper support around 106.00-105.50. The Euro have fallen a bit but above 1.04, it can attempt to rise back. Only a Read More
FOREX The Dollar Index could have some scope to test deeper support around 106.00-105.50 region while below 108-107.75. The Euro can gradually head towards 1.0550-1.06 in the near term while above 1.0450 . EURINR can rise towards 91 soon. USDJPY is stuck within 155-157 range. AUDUSD could dip to 0.6250 while Pound trades above 1.24 Read More
FOREX The Dollar Index is nearing the support around 107.75 region, need to see whether it holds and bounces back again or extends the fall further. The Euro on a sustained rise past 1.0450 can head towards 1.05 or higher. EURINR if sustained can rise towards 91 in the near term. BOJ is scheduled today. Read More
FOREX The Dollar Index is nearing the support around 107.75 region, need to see whether it holds and bounces back again or extends the fall further. The Euro on a sustained rise past 1.0450 can head towards 1.05 or higher. EURINR if sustained can rise towards 91 in the near term. BOJ is scheduled today. Read More
FOREX The Dollar Index is holding above the support around 107.75 quite well for now. A break past 109 will be needed to bring back bullishness in the Index. The Euro failed to sustain its rise past 1.0450 which is needed to head towards 1.05 or higher. Any break below 1.04 if seen can drag Read More
FOREX Major Currencies witnessed sharp movements amid speculations on the Trump’s Tariffs policy. The Dollar Index is back near its support around 108.00-107.75. We need to see whether it holds or extends the fall further. The Euro has risen well but the possible rejection region is coming around 1.0450. EURINR needs to decisively break past Read More
FOREX The Trump’s statement on not imposing tariffs immediately led the Dollar to weaken against major currencies. The Dollar Index has broken below 108.75 but could find deeper support around 108.00-107.75 region. Our target of 111 is kept on hold for now. The Euro has risen well but could face rejection from 1.04. EURINR continues Read More
FOREX The Dollar Index rose past 109 on stronger data releases on Friday and the view remains intact to see a rise towards 111. The Euro can fall to 1.02 or lower in the near term while below 1.03-1.04. EURINR continues to remain volatile within the 90-88 region. USDJPY has bounced well from support around Read More
FOREX The Dollar Index is trading near the support of around 108.75. For now, the view remains intact to see a rise towards 111. The Euro can have an upside capped at 1.0350/04 and can fall to 1.02 or lower in the near term. EURINR continues to remain volatile within the 90-88 region. USDJPY has Read More