SGX Nifty Premarket

FOREX Dollar Index has risen above 101.20 and looks bullish towards 102 while Euro can see a brief rise from 1.1050 for now but has scope to fall to 1.10 soon. Aussie and Pound have risen from supports near 0.67 and 1.28 above which both can continue rising towards 0.68 and 1.29/30. USDCNY has fallen Read More

FOREX Dollar Index has risen well as expected and may test 101.20 before falling from there while Euro needs to sustain above 1.11 else may test 1.1050 before a bounce comes in. Aussie and Pound have supports near 0.67/0.6680 and 1.28/27 above which both can soon see a bounce towards 0.68/69 and 1.29/30. USDCNY can Read More

FOREX Dollar Index may have resistance near 101-101.20 which if holds can drag it lower while the fall in Euro could be limited to 1.1080/1050. Aussie rallied after the employment data release but could not sustain higher and has fallen back. Could rise again while above 0.6750. Pound has fallen sharply but could face support Read More

FOREX Dollar Index may have resistance near 101-101.20 which if holds can drag it lower while the fall in Euro could be limited to 1.1080/1050. Aussie rallied after the employment data release but could not sustain higher and has fallen back. Could rise again while above 0.6750. Pound has fallen sharply but could face support Read More

FOREX Dollar Index has dipped slightly from 100.55 and could trade within 100.55-99.50 while Euro trades above 1.12. Aussie is holding well above 0.650 and can rise towards 0.69+ while Pound can attempt to rise to 1.30/31. USDCNY has fallen sharply and could test 7.15/10 while below 7.2150. EURJPY rose to our expected 157+ levels Read More

FOREX Dollar Index has risen to 100 taking Euro slightly down to 1.1223. Aussie, Pound and the Chinese Yuan trade weak against the Dollar and could target 0.6740/20, 1.29 and 7.25/30 respectively. EURJPY can target 157 as expected while USDJPY has risen to 139.30 and if it manages to break and sustain higher, it can Read More

FOREX Dollar Index seems to be falling again and can target 99 or lower while Euro is headed towards 1.13 or higher. Pound and Aussie seem to be rising again towards 1.32 and 0.69 while note that Aussie has crucial long term resistance near 0.69/0.70. EURJPY can target 156/157 soon while USDJPY is bearish below Read More

FOREX Some recovery is seen in the currencies today after the volatile movement seen last week post weak US CPI data release. Dollar Index has paused to see a slight rise from 99.578 which has paused the rally in Euro near 1.1225. It is to be seen if the rise in Euro resumes in the Read More

FOREX Lower US CPI continues to show impact on currency markets taking the Dollar sharply down. Dollar Index has broken below 100 and could soon be headed towards 99-98 while Euro has surged above 1.12 which if sustains can set to target 1.14. Pound and Aussie are also rising towards 1.34 and 0.69-0.6980 respectively. EURJPY Read More

FOREX Lower US CPI continues to show impact on currency markets taking the Dollar sharply down. Dollar Index has broken below 100 and could soon be headed towards 99-98 while Euro has surged above 1.12 which if sustains can set to target 1.14. Pound and Aussie are also rising towards 1.34 and 0.69-0.6980 respectively. EURJPY Read More