SGX Nifty Premarket

FOREX The Dollar Index has declined further within its 99-96 range but we maintain our bullish bias towards 101. The Euro and EURINR tested 1.17 and 101 respectively. Even if the rise extends further, it can be limited to 1.18 and 102 respectively. EURJPY above 172 has a scope to rise towards 175 in the Read More

FOREX The Dollar Index is trading higher within its 96-99 range but we maintain our bullish bias towards 101. The Euro and EURINR can fall towards 1.15-1.14 and 99-98 respectively. EURJPY above 172 has a scope to rise towards 175 in the near term. USDJPY and USDCNY have the scope to rise towards 150 and Read More

FOREX The Dollar Index tested 98.95 before turning lower. The range of 99-96 is holding well for now, but we maintain our bullish bias towards 101. The Euro and EURINR are attempting to rise back but while below 1.17 and 101, the view remains intact to see a fall towards 1.15-1.14 and 99-98 respectively. EURJPY Read More

FOREX The Dollar Index tested 98.95 before turning lower. The range of 99-96 is holding well for now, but we maintain our bullish bias towards 101. The Euro and EURINR are attempting to rise back but while below 1.17 and 101, the view remains intact to see a fall towards 1.15-1.14 and 99-98 respectively. EURJPY Read More

FOREX The major currency pairs remained volatile yesterday due to the market concerns over President Donald Trump’s potential plans to fire Federal Reserve Chair Jerome Powell. The Dollar Index needs a confirmed break past 99 to bring 101 into picture. Till then, the range of 96-99 can hold. The Euro is nearing the support around Read More

FOREX The Dollar Index has risen well and a confirmed break past 99 can open the doors for 101 in the near term. Till then,the range of 96-99 can hold. The Euro is nearing the support around 1.1600. Failure to see a bounce back can extend the fall to 1.14 as well. EURINR has fallen Read More

FOREX The Dollar Index needs to see a rise past 98-99 to confirm that the downtrend has ended. Till then,the range of 99-96 can hold. The Euro is nearing the support around 1.1650-1.1600. Whether the support holds or extends the fall even further will have to be seen. EURINR is trading within the 100-101 range. Read More

FOREX The Dollar Index is trading near the resistance at 98. For now, the immediate range of 99-96 remains intact. The Euro above 1.16 can attempt to rise back towards 1.18. EURINR is trading within the 100-101 range. EURJPY above 171 can target 175 in the near term. USDJPY and USDCNY are holding the respective Read More

FOREX The Dollar Index is trading higher within its 96-98/99 range. The Euro below 1.17 has a scope to extend the ongoing fall to 1.16 as well. EURINR is trading near the 100 level. Failure to bounce back can drag it further to 99 or even 98 before halting. EURJPY needs to see a rise Read More

FOREX The Dollar Index is holding the range of 98-96 for now. The Euro above 1.16 has a scope to rise back towards 1.18 in the near term. EURINR continues to move within the 100-101 region. EURJPY has immediate support near 169 which can be tested if the fall extends further. Overall the target of Read More