FOREX The Dollar Index faces resistance at 98.30 and 99 region, below which the range of 99-97/96 is likely to persist for some time. The Euro can target 1.18/19 while above 1.17, while EURINR can consolidate between 103.50-105.00 region. EURJPY needs to sustain above current levels to extend the rise to 174/75 as well. Similarly, Read More
SGX Nifty Premarket
FOREX The Dollar Index faces resistance at 98.30 and 99 region, below which the range of 99-97/96 is likely to persist for some time. The Euro can target 1.18/19 while above 1.17, while EURINR can consolidate between 103.50-105.00 region. EURJPY needs to sustain above current levels to extend the rise to 174/75 as well. Similarly, Read More
FOREX The Dollar Index is likely to decline further within its 99-97/96 range. The Euro & EURINR can head towards 1.18/19 and 105 or higher in the near term. EURJPY can either test 173 or 172 before rebounding later. USDJPY has immediate support coming around 147.00-146.50 which can be tested if the fall extends further. Read More
FOREX The Dollar Index is likely to decline further within its 99-97/96 range. The Euro & EURINR can head towards 1.18/19 and 105 or higher in the near term. EURJPY can either test 173 or 172 before rebounding later. USDJPY has immediate support coming around 147.00-146.50 which can be tested if the fall extends further. Read More
FOREX The Dollar Index continues to hold the 99-97/96 range for now. The Euro & EURINR looks bullish towards 1.18/19 and 105 or higher in the near term. EURJPY needs to sustain above 174 to head towards 176, else it can be vulnerable to test 173 initially. USDJPY can test 148 or slightly lower levels Read More
FOREX The Dollar Index can decline further within its 99-97/96 range. While Euro & EURINR have scope to head towards 1.18/19 and 105 or higher in the near term. EURJPY on a break past 175 can head towards 176 and above in the coming sessions. USDJPY started coming off from 150 itself and if the Read More
FOREX Stronger US GDP & Durable goods supported the strength in Dollar yesterday. The Dollar Index and Euro faces immediate resistance at support at 99 and 1.16 respectively. The EURINR while above 103.50 can remain ranged within 103.50-105.00. EURJPY on a break past 175 can head towards 176-178, else can fall back towards 172. USDJPY Read More
FOREX Stronger US GDP & Durable goods supported the strength in Dollar yesterday. The Dollar Index and Euro faces immediate resistance at support at 99 and 1.16 respectively. The EURINR while above 103.50 can remain ranged within 103.50-105.00. EURJPY on a break past 175 can head towards 176-178, else can fall back towards 172. USDJPY Read More
FOREX Weakening expectations for aggressive easing of FED rate cut supported the Dollar strength. The Dollar Index can broadly trade within 97/96-99 region for some time. The Euro & EURINR can initially fall towards 1.17 & 104.00-103.50 respectively before attempting to bounce back later. EURJPY needs to breach 175 to head towards 176-178, else can Read More
FOREX The Dollar Index is gradually coming off within its 98-96/95 range which can hold for some time. The Euro can ascend towards 1.19-1.20 while above 1.17. EURINR on a break past 105 can head towards 105.50-106.00. EURJPY needs to breach 174.50 to head towards 176-178, else can fall back towards 172. USDJPYhas a scope Read More