SGX Nifty Premarket

FOREX The Dollar Index rose in line with our bullish view and while above 106 has a scope to see a rise towards 109. The Euro and EURINR are headed towards 1.04 and 88 respectively. Thereafter, we need to see whether the fall extends further, or the pairs bounce back. Aussie and Pound look bearish Read More

FOREX The Dollar Index rose in line with our bullish view and while above 106 has a scope to see a rise towards 109. The Euro and EURINR are headed towards 1.04 and 88 respectively. Thereafter, we need to see whether the fall extends further, or the pairs bounce back. Aussie and Pound look bearish Read More

FOREX The Dollar Index has risen well above its support at 106 and while it holds, the overall view is bullish towards 109 or higher. The immediate upside in Euro looks capped at 1.0650-1.0700. The Aussie and Pound have limited upside in the near term. USDCNY is holding well below the resistance at 7.25/26 from Read More

FOREX The Dollar Index is nearing support around 106 while the upside in Euro looks capped at 1.0650-1.0700. The Aussie and Pound have been rising well and can continue to strengthen further in the near term. USDCNY is holding well below the resistance 7.25/26 from where a rejection can be expected. The Dollar Yen is Read More

FOREX The Dollar Index is nearing support around 106 while the upside in Euro looks capped at 1.0650-1.0700. The Aussie and Pound have been rising well and can continue to strengthen further in the near term. USDCNY is holding well below the resistance 7.25/26 from where a rejection can be expected. The Dollar Yen is Read More

FOREX The Dollar Index has support around 106 above which it is likely to move up towards 107 or even higher. The fall in Euro to 1.04 cannot be fully ruled out until a further rise past current levels is seen. The Aussie and Pound have supports around 0.6450-0.64 and 1.25 respectively which can be Read More

FOREX The Strong Dollar after the higher-than-expected US CPI (2.58% Y/Y%) weighs on most other currencies. While the Dollar Index shows further strength towards 107-107.35, the Euro can head towards 1.05/1.04 taking down the Aussie and Pound towards 0.6450-0.64 and 1.26/25 respectively. USDCNY has resistance near 7.25/26 from where a rejection can be expected. The Read More

FOREX The Strong Dollar after the higher-than-expected US CPI (2.58% Y/Y%) weighs on most other currencies. While the Dollar Index shows further strength towards 107-107.35, the Euro can head towards 1.05/1.04 taking down the Aussie and Pound towards 0.6450-0.64 and 1.26/25 respectively. USDCNY has resistance near 7.25/26 from where a rejection can be expected. The Read More

FOREX The Strong Dollar after the higher-than-expected US CPI (2.58% Y/Y%) weighs on most other currencies. While the Dollar Index shows further strength towards 107-107.35, the Euro can head towards 1.05/1.04 taking down the Aussie and Pound towards 0.6450-0.64 and 1.26/25 respectively. USDCNY has resistance near 7.25/26 from where a rejection can be expected. The Read More

FOREX The Dollar Index and Euro are trading near the crucial resistance and support levels respectively. While the index holds below 106, the range of 106-103 can persist. Similarly, the Euro, above 1.06 is anticipated to bounce back higher. USDJPY is nearing the upper end of the range of 152-155, while EURJPY needs to rise Read More