SGX Nifty Premarket

FOREX The higher than anticipated US PPI release at 0.52 led to Dollar Index slipping below 105 and can now further test 104.5 as well. While Euro has risen above 1.08 but a decisive break past 1.085 will be needed to make the outlook bullish further. USDJPY and EURJPY are rising towards 157/158 and 170 Read More

FOREX The Dollar Index is holding well above 105 and can rise to 106 and Euro can fall to 1.07 while below resistance at 1.08. USDJPY and EURJPY have risen past 156 and 168 respectively and now if sustained, can extend towards 157/158 and 169/170 respectively in the coming sessions. USDCNY is headed towards 7.24. Read More

FOREX The Dollar Index can rise to 106 while above 105 and Euro can fall to 1.07 while below resistance at 1.08. USDJPY and EURJPY need to hold below immediate resistances at 156 and 168 to decline from here. Else, the pairs could soon rise towards 157/158 and 169/170 respectively. USDCNY has risen with a Read More

FOREX The Dollar Index tested 105.74 on the upside before coming down and Euro rose sharply to test its resistance near 1.08 after the BOE kept the interest rates unchanged at 5.25% in its meeting held yesterday. USDJPY and EURJPY are rising well towards our mentioned targets of 157 and 168 respectively. USDCNY holds above Read More

FOREX The Dollar Index tested 105.74 on the upside before coming down and Euro rose sharply to test its resistance near 1.08 after the BOE kept the interest rates unchanged at 5.25% in its meeting held yesterday. USDJPY and EURJPY are rising well towards our mentioned targets of 157 and 168 respectively. USDCNY holds above Read More

FOREX The Dollar Index and Euro remained stable but are headed to 105.50/106 and 1.07 respectively. USDJPY and EURJPY have risen to test our mentioned targets of 156/157 and 168 respectively. USDCNY holds above 7.22 and can further test 7.23-7.24 in the coming sessions. Aussie can fall to 0.65 if it does not see an Read More

FOREX The Dollar Index and Euro are headed to 105.50/106 and 1.07 respectively. USDJPY and EURJPY can rise towards 156/157 and 168 respectively. USDCNY has sustained well above 7.22 and can further test 7.23-7.24 in the coming sessions. Aussie can fall to 0.65 if it does not see an immediate rise from current levels while Read More

FOREX The Dollar Index is headed to 105.50/106 while the Euro maintains below 1.08 for now. USDJPY and EURJPY can rise towards 156/157 and 168 respectively while USDCNY has plunged to 7.2073 before bouncing back to current levels of 7.2174. The downside of 7.20/18 would be negated on a sharp rise back to 7.23/25 region. Read More

FOREX Volatility seeped in on Friday as the US NFP came lower at 175K than the previous of 315K and the unemployment rate came higher at 3.9%. The Dollar Index tested 104.50 before becoming stable within its range of 106.50-104.50, while EURUSD rose to 1.08 and may continue to remain ranged within 1.0650-1.0850 for a Read More

FOREX The Dollar Index is trading lower within its range of 106.50-105.50/105, while EURUSD is headed towards 1.0750. EURJPY and USDJPY are trading near their immediate supports around 164 and 152 which if held, can bring them back towards the previous levels on the upside. Aussie can soon test 0.6580-0.66 before coming down towards 0.65, Read More