SGX Nifty Premarket

FOREX The DXY can decline towards 96.00-95.50 in the near term. While, EURUSD can attempt to rise towards 1.20 and higher. EURINR can target 109-110 while it stays above 107. EURJPY is coming off within its 187.50-182.50 range. USDJPY can fall towards 153-152 levels before rebounding later on. USDCNY can drift toward 6.90-6.85 levels. The Read More

FOREX The DXY declined over the news of Chinese banks might cut U.S. Treasury holdings. If the fall continues further, a test to 96.00-95.50 can be seen. EURUSD has rise past 1.1850 and while it sustains, a test to 1.20 and above can happen. EURINR has a scope to rise towards 109-110 while it remains Read More

FOREX The DXY & EURUSD are stuck within 98-97 & 1.1750-1.1850 region respectively. EURINR has a scope to rise towards 107.50-108.00 while it remains above 107. EURJPY has declined from the high of 186.23. There is room in the charts for the pair to extend the rise towards 187.50 as well while it remains above Read More

FOREX The ECB & BOE kept the interest rates unchanged at 2.15% & 3.75% respectively. The DXY can test 98.50 in the near term before eventually coming down. EURUSD is stuck between 1.1850-1.1750 region. EURINR has declined but downside can be limited to 106.00-105.50. EURJPY can remain within the 186-182 range. USDJPY can test 158 Read More

FOREX The ECB & BOE kept the interest rates unchanged at 2.15% & 3.75% respectively. The DXY can test 98.50 in the near term before eventually coming down. EURUSD is stuck between 1.1850-1.1750 region. EURINR has declined but downside can be limited to 106.00-105.50. EURJPY can remain within the 186-182 range. USDJPY can test 158 Read More

FOREX The DXY need to sustain above 97.50 to head towards 98.50 in the near term. EURUSD is stuck between 1.1850-1.1750 region. EURINR has declined but downside can be limited to 106.00-105.50. EURJPY can remain within the 182-186 range. While USDJPY can test 158 in the coming sessions. USDCNY can drift toward 6.90-6.85 levels. The Read More

FOREX The DXY can trade within 98.50-96.00 for now. EURUSD has recovered but a rise past 1.1850 will be needed to head towards 1.19 and above. EURINR has a scope to rise back towards 108 and higher while it remains above the support coming around 106.00-105.50. EURJPY can remain within the 182-186 range. While USDJPY Read More

FOREX The U.S. announced a reduction in tariffs on Indian goods from 25% to 18%, while the Dollar Index strengthened on a better than expected Manufacturing ISM at 52.6. DXY now faces resistance near 98.00-98.50, which can cap the upside and keep it range-bound between 96.00–98.50. EURUSD has declined as expected; support near the 1.18 Read More

FOREX The DXY strengthened as the markets reacted positively on the nomination of Kevin Warsh as next FED chair. The DXY need to break past 97.50 to rise towards 98 and higher. EURUSD is expected to fall towards 1.18 or lower while it trades below 1.20. EURINR can have upside capped at 110-111 levels. EURJPY Read More

FOREX The DXY has a scope to rebound towards 98 while it remains above 96. EURUSD & EURINR can fall towards 1.18 & 109/108 while they trade below 1.21 & 111 respectively. and 110. EURJPY can hold the 182-186 range for now. USDJPY can target 156 in the near term while it remains above 152. Read More