SGX Nifty Premarket

FOREX The dollar Index bounced back from 104.34 after the US Consumer confidence data was released higher than expected. A rise towards 105 or higher looks possible in the near term. The Euro has fallen from levels below 1.09 and could sustain within 1.08-1.09 for a while. EURJPY looks bullish towards 171/172 while USDJPY has Read More

FOREX The dollar Index needs to bounce back from current levels to test 105+ on the upside, else it can fall towards 104, while Euro is headed towards 1.09. EURJPY looks bullish towards 172 while USDJPY looks muted below 158/157. USDCNY is headed towards 7.25/26. Aussie and Pound can soon rise to 0.67 and 1.28 Read More

FOREX The dollar Index could not stay above 105 and can now test 104.50 on the downside before attempting to rise back. Euro tests support at 1.08 and has bounced well from there. EURJPY and USDJPY looks bullish towards 172 and 158-159 respectively but could face an interim dip in the near term before rising. Read More

FOREX The dollar Index broke above 105 and looks slightly bullish. The Fed minutes released on Wednesday highlighted concerns about inflation and uncertainty about when to ease rates. Members indicated a lack of confidence in moving forward with interest rate reductions, suggesting a more cautious approach to monetary policy. Euro tests support at 1.08 which Read More

FOREX The dollar Index broke above 105 and looks slightly bullish. The Fed minutes released on Wednesday highlighted concerns about inflation and uncertainty about when to ease rates. Members indicated a lack of confidence in moving forward with interest rate reductions, suggesting a more cautious approach to monetary policy. Euro tests support at 1.08 which Read More

FOREX Dollar Index needs to break past 105 to become bullish towards 106-106.50, while Euro is testing our target of 1.0820/1.08, from where a reversal towards 1.09 is likely. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively while volatility remains low. USDCNY has risen sharply past 7.24 and can now head Read More

FOREX Dollar Index holds above 104 and could move up slowly to 105 while Euro may test 1.0850-1.0820 before reversing towards 1.09. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively while volatility remains low. USDCNY is unable to sustain its rise past 7.24 and has dipped slightly. Aussie has held the Read More

FOREX Dollar Index holds above 104 and could move up slowly to 105 while Euro may head towards 1.0820 before reversing towards 1.09. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively. USDCNY is headed to 7.24, which if breaks would open door for a rise to 7.25. Aussie may rise if Read More

FOREX The sell-off in Dollar seen after the US CPI release has recovered partially. The US Initial Jobless claims came in lower at 222K (Prev 232K) while Industrial Production came out at a stable rate. The Dollar Index is headed towards 105 while the Euro can fall to 1.08 while respective support and resistance holds Read More

FOREX The sell-off in Dollar seen after the US CPI release has recovered partially. The US Initial Jobless claims came in lower at 222K (Prev 232K) while Industrial Production came out at a stable rate. The Dollar Index is headed towards 105 while the Euro can fall to 1.08 while respective support and resistance holds Read More