SGX Nifty Premarket

FOREX The Dollar Index needs to see a decisive break past 106.75 to head back towards 107-108. Euro has a bullish bias towards 1.0600-1.0650, while above 1.05. Since we are bullish on the Dollar Index and the Euro at the same time, one of the views can go wrong after the US CPI scheduled today Read More

FOREX The Dollar Index has risen well and if sustained, can rise back towards 107-108. Euro is unable to see a strong break past 1.06 but we have a bullish bias above 1.0550-1.0500. A break past 1.0650 can take it higher to 1.0750 eventually. Since we are bullish on the Dollar Index and the Euro Read More

FOREX The Dollar Index can bounce back towards 107-108 while above 105.50. Euro has a bullish bias above 1.0550-1.0500. Markets await the ECB policy meeting on Thursday. A break past 1.0650 can take it higher to 1.0750 eventually. EURINR can remain ranged within 90-88 for now. Aussie has slipped below 0.64 and can get extended Read More

FOREX The Dollar Index again fell towards the support near 105.50 on higher private unemployment claims. Still while above 105.50, it can bounce back towards 107-108 in the near term. Euro, if breaks past 1.06, can test 1.0650 on the upside and EURINR can test 90, therein a revised range of 90-88 can hold for Read More

FOREX The Dollar Index again fell towards the support near 105.50 on higher private unemployment claims. Still while above 105.50, it can bounce back towards 107-108 in the near term. Euro, if breaks past 1.06, can test 1.0650 on the upside and EURINR can test 90, therein a revised range of 90-88 can hold for Read More

FOREX The Dollar Index initially slipped to the low of 106.09 but recovered from there. It looks bullish towards 107-108 in the near term while above 105.50. Euro and EURINR are attempting to rise back within their narrow range of 1.0450-1.06 and 88.50-89.50 respectively. Aussie and Pound can remain ranged within 0.6550-0.6400 and 1.2450-1.2750 until Read More

FOREX The Dollar Index looks bullish towards 107-108 in the near term while above 105.50. Euro and EURINR are likely to fall back towards 1.04 and 88 respectively. Aussie and Pound can remain ranged within 0.6550-0.6400 and 1.2750-1.2450. USDCNY, above 7.27 can extend the rise to 7.30-7.35 in the near term. USDJPY needs to see Read More

FOREX The Dollar Index moved up significantly on high US Manufacturing ISM at 48.4. The view remains bullish towards 107-108 in the near term while above 105.50. Euro and EURINR are coming off towards 1.04 and 88 respectively as expected. Aussie and Pound are likely to remain ranged within 06.550-0.6400 and 1.2750-1.2450. USDCNY has moved Read More

FOREX The Dollar Index can bounce back towards 107-108 in the near term while above 105.50. Euro and EURINR have interim resistances at 1.06 and 89.50 and higher at 1.07 and 90 respectively which suggests limited upside for both the pairs. Aussie and Pound need to see a rise past 0.6550 and 1.28 to become Read More

FOREX The Dollar Index is headed towards support around 105.75. While it holds, we retain our view of seeing a bounce back towards 107-108 in the coming sessions. Euro and EURINR are nearing the mentioned resistance around 1.06 and 89.50 respectively. Watch price action closely around these levels to see whether it holds or not. Read More