FOREX Dollar Index is expected to remain strong above 100.75, keeping the momentum bullish for USDJPY towards 163/164 and leading to possible weakness in other major currencies in the medium term. However, an immediate dip in the Dollar Index towards the mentioned support could give some relief to other currencies. Euro could trade within 1.1325/1.1450 Read More
SGX Nifty Premarket
FOREX The Dollar index needs to hold above support near 100.90-101 to move up to 102 gradually and taking down Euro back to 1.13 or lower. EURINR is holding well above support at 107 and needs to break above 108 now to head towards 109/110. EURJPY has also risen well as expected and ma y Read More
FOREX The Dollar index has dipped further leading to a rise in the Euro above 1.14. It would be important to see if the Euro continues to hold above 1.14 or not. EURINR is holding well above 107 and needs to rise back above 108 to rise further. EURJPY has also risen well as expected. The Read More
FOREX The Dollar index has dipped below 101.50 while Euro has moved up a bit and can re-test 1.14. But whether it would break higher and sustain needs to be seen. EURINR is holding well above 107 and needs to rise back above 108 to rise further. EURJPY has also risen well from 183. The rise Read More
FOREX Strength in the Dollar Index above 101.50 if sustains can lead to further weakness in major currencies against the US Dollar. The Euro is already trading below 1.14 and can now test 1.13 while EURINR may fall to 106/105 on a decisive break below 107. EURJPY may test 183 while USDJPY may try to Read More
FOREX Strength in the Dollar Index above 101.50 if sustains can lead to further weakness in major currencies against the US Dollar. The Euro is already trading below 1.14 and can now test 1.13 while EURINR may fall to 106/105 on a decisive break below 107. EURJPY may test 183 while USDJPY may try to Read More
FOREX Strength in the Dollar Index above 101.50 if sustains can lead to further weakness in major currencies against the US Dollar. The Euro is already trading below 1.14 and can now test 1.13 while EURINR may fall to 106/105 on a decisive break below 107. EURJPY may test 183 while USDJPY may try to Read More
FOREX The Dollar index needs to break above 101.5 to slowly move up further while he Euro has already broken below 1.14 and can now fall towards 1.13. EURINR can test 107.77-107.50 before bouncing from there while EURJPY may bounce from 183. USDJPY may hold below 162 with immediate downside limited to 161/160. USDCNY has Read More
FOREX The Dollar index trades above 101 and the Euro near crucial support at 1.14. The Dollar index will have to rise above 101.50 to turn bullish and pave way for 102-104 dragging Euro down towards 1.13/1.12 in the medium term. Else we may expect the paths to reverse from current levels. EURINR can test Read More
FOREX The Dollar index continues to rise and could move up to 101-101.50 while Euro can tank lower to 1.13 if it does not hold above support at 1.14. EURINR needs to hold above 108 else it can fall to 107.50-107. EURJPY may hold within 183-186 region for now. USDJPY is holding well above 161 Read More