FOREX The Dollar Index failed to sustain its rise past 98 and while below it, the index can be vulnerable to fall towards 97 or even 96. The Euro is moving higher within the 1.16-1.18 range. EURINR is headed towards the resistance near 104. EURJPY and USDJPY can hold the immediate ranges of 172-174 and Read More
SGX Nifty Premarket
FOREX The Dollar Index failed to sustain its rise past 98 and while below it, the index can be vulnerable to fall towards 97 or even 96. The Euro is moving higher within the 1.16-1.18 range. EURINR is headed towards the resistance near 104. EURJPY and USDJPY can hold the immediate ranges of 172-174 and Read More
FOREX The Dollar Index can head towards 99-100 in the near term on a confirmed break above 98. The Euro and EURINR are moving within their respective ranges of 1.18-1.16 and 103.50-102.50. EURJPY needs to bounce from support at 172 to keep the 172-174 range intact, while USDJPY can trade within the 146-149 region. USDCNY Read More
FOREX The Dollar Index has bounced well from the low of 97.25. Still a break past 98 will be needed to open the doors for 99-100 in the near term. The Euro is coming off within its 1.18-1.16 range. EURINR has slipped below 103.50 and is back within its 103.50-10.250 range. EURJPY and USDJPY can Read More
FOREX The Dollar Index continues to fall further. A test to 97.00-96.50 looks likely to happen before bouncing back later. The Euro on a break past 1.18 can head towards 1.19 as well. Else can continue to trade within the 1.18-1.16 region. EURINR needs to see a sustained rise above current levels to head towards Read More
FOREX Weaker US NFP and higher US Unemployment pulled the Dollar index lower on Friday. Still, the Dollar Index, Euro and the EURINR continue to hold within the respective ranges of 97-99, 1.18-1.16 and 103.50-102.50 for now. EURJPY and USDJPY can trade within the 174-172 region 149-147/46 region, while below 174 and 149. USDCNY can Read More
FOREX The Dollar Index, Euro and the EURINR continue to hold within the respective ranges of 97-99, 1.15-1.18 and 102.00-103.50 in the near term. A better directional clarity could be expected after the US NFP, Avg hrly Earnings and the Unemployment scheduled today. EURJPY can trade within the 172-174 region while the resistance at 174 Read More
FOREX The Dollar Index, Euro and the EURINR continue to hold within the respective ranges of 97-99, 1.15-1.18 and 102.00-103.50 in the near term. A better directional clarity could be expected after the US NFP, Avg hrly Earnings and the Unemployment scheduled today. EURJPY can trade within the 172-174 region while the resistance at 174 Read More
FOREX The Dollar Index, Euro and the EURINR can hold within the respective ranges of 97-99, 1.15-1.18 and 102.00-103.50 in the near term. EURJPY can trade within the 174-172 region while the resistance at 174 holds. USDJPY can dip to 147 initially. Only a rise past 149 can bring 150-152 into the picture. USDCNY above Read More
FOREX Rising fiscal risks in the UK and political instability in Japan strengthened the Dollar yesterday. The Dollar Index can head towards 99.00-99.50 before halting. The Euro is coming off and a fall below 1.16 can drag it to 1.15 as well before bouncing back. EURINR can extend the ongoing fall to the support at Read More