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
SGX Nifty Premarket
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
FOREX The Dollar Index faces immediate resistance at 98, break past which will be needed to rise further. An immediate trade range of 97-99 can hold for some time. The Euro is stuck between the 1.18-1.16 region. EURINR below 103.50 can be vulnerable to fall back towards 102.50-102.00. EURJPY and USDJPY can hold the 171-173 Read More
FOREX The Dollar Index can be vulnerable to extend the ongoing fall towards the lower end of its 99-97 if it fails to see an immediate bounce back from the support near 97.75 level. Euro faces immediate resistance at 1.1730 and higher at 1.18, thereby suggesting limited upside. EURINR needs to see a break past Read More
FOREX The Dollar Index, Euro and the EURINR continue to hold the respective ranges of 97-99, 1.1750-1.1500 and 103.00-101.50. EURJPY and USDJPY need to fall below 171 and 147 to extend the fall to 170-169 and 145 as well. USDCNY slipped below 7.14 and can test the deeper support at 7.12 before bouncing back later. Read More
FOREX The Dollar Index, Euro and the EURINR continue to hold the respective ranges of 97-99, 1.1750-1.1500 and 103.00-101.50. EURJPY and USDJPY need to fall below 171 and 147 to extend the fall to 170-169 and 145 as well. USDCNY slipped below 7.14 and can test the deeper support at 7.12 before bouncing back later. Read More