FOREX Sharp movements seen on the currency markets. The Dollar Index has risen above 106.5 while Euro has fallen sharply and could test 1.055-1.05 from where a bounce is needed to prevent further decline to 1.04. EURJPY could trade within 158-160 for a while as USDJPY has risen past 150 and needs to sustain to Read More
SGX Nifty Premarket
FOREX The S&P Global Manufacturing PMI has risen against expectations. The Dollar Index did fall to levels below 106 yesterday but has managed to bounce back above 106 again while Euro has fallen sharply from 1.07 and could trade within 1.07-1.0550 for a while now. EURJPY has fallen from 160 and could trade lower within Read More
FOREX The Dollar Index may continue trade within the narrow region of 106-106.7, Euro has a fair chance of rising towards 1.0650 if it sustains above 1.06. EURJPY failed to rise past 159 and can trade within 157-159 while USDJPY continues to remain flat below 150. USDCNY dipped slightly after testing 7.3230 on the upside; Read More
FOREX The Dollar Index may continue trade within the narrow region of 106-106.7, Euro has a fair chance of rising towards 1.0650 if it sustains above 1.06. EURJPY failed to rise past 159 and can trade within 157-159 while USDJPY continues to remain flat below 150. USDCNY dipped slightly after testing 7.3230 on the upside; Read More
FOREX FED suggested an extended pause in the interest rates. The Dollar Index trades above 106 can rise towards 107 or higher while Euro is headed towards resistance at 1.06 and could face a decline soon. EURJPY continues to trade within 157-159 region. USDJPY needs to break above 150 to rise towards 150.50-151. USDCNY has Read More
FOREX FED suggested an extended pause in the interest rates. The Dollar Index trades above 106 can rise towards 107 or higher while Euro is headed towards resistance at 1.06 and could face a decline soon. EURJPY continues to trade within 157-159 region. USDJPY needs to break above 150 to rise towards 150.50-151. USDCNY has Read More
FOREX Dollar Index can rise towards 107 while Euro has scope to fall to 1.05 or lower. EURJPY has declined from resistance at 158.50 and looks bearish for a fall to 157 while USDJPY needs to break above 150 to move higher else can decline to 148 again. Aussie and Pound look bearish towards 0.62 Read More
FOREX Dollar Index and Euro continue to trade within 105-106.50 and 1.06-1.05 while USDJPY and Aussie could attempt to rise towards the upper end of the mentioned ranges of 148-150 and 0.63-0.64 before falling from there. Pound has started to dip from 1.2220 which if holds can be bearish for the currency in the next Read More
FOREX Forex pairs seem to be stable just now without much volatility. Dollar Index and Euro continue to trade within 105-106.50 and 1.06-1.05 while USDJPY, Aussie and Pound could attempt to rise towards the upper end of the mentioned ranges of 148-150, 0.63-0.64 and 1.2250-1.21 before falling from there. EURJPY is bearish while below 158. Read More
FOREX Dollar Index and Euro may trade within 105-107 and 1.06-1.05 in the near term. Aussie and Pound have bounced slightly but may soon resume downtrend by the end of this week. EURJPY is bearish while below 158. USDCNY can slowly inch higher towards 7.35. USDJPY can trade within 150-148 while USDRUB may trade within Read More