FOREX The Dollar Index holds strong above 99, pulling back Euro towards 1.16. A dip below 1.16 would open door for further fall to 1.1550. USDJPY may rise towards 160-160.50 where it can face rejection. Aussie and Pound can trade within 0.71-0.7250 and 1.35-1.33 regions respectively. The EURJPY can trade within the 185-184 region for Read More
SGX Nifty Premarket
FOREX Most currencies look ranged within specific levels. The Dollar Index and Euro are likely to trade within 99.50-98.50 and 1.17-1.1550 region while USDJPY may face rejection near 160-160.50 and dip back towards 159/158. Aussie and Pound can trade within 0.71-0.7250 and 1.35-1.33 regions respectively. The EURJPY can trade within the 185-184 region. EURINR is Read More
FOREX The Dollar Index has rebounded yet again, moving above 99.00 and dragging the Euro below 1.16. USDJPY can attempt to test 160-161 before a reversal is seen from there. For now, the view is bullish above 158. Aussie and Pound have declined back after a brief bounce seen earlier. Both currencies are headed towards Read More
FOREX Fresh hopes from the US-Iran negotiations have brought down the Dollar Index, which could now target 98.50/98 while below 99. The Euro could trade within its earlier range of 1.16-1.1750. USDJPY is almost near 159, and a break higher would take it towards 160-161 soon. Aussie and Pound have risen back well, and if Read More
FOREX Strong Dollar Index suggests a possible rise to 100-101 while Euro would test 1.16 and a break lower could trigger a decline towards 1.15/1.14. USDJPY is almost near 159 and a break higher would take it towards 160-161 soon. Aussie and Pound have declined well on strong Dollar and could be headed towards 0.71/70 Read More
FOREX Strong US Retail Sales and the taking over of Kevin Warsh as the new FED chair. Has boosted the Dollar Index for a sharp rise beyond 98.60 and led the Euro to decline below 1.17, contrary to our expectations. USDJPY has also rallied well and could head towards 159-160.50 soon, while the Aussie and Read More
FOREX Strong US Retail Sales and the taking over of Kevin Warsh as the new FED chair. Has boosted the Dollar Index for a sharp rise beyond 98.60 and led the Euro to decline below 1.17, contrary to our expectations. USDJPY has also rallied well and could head towards 159-160.50 soon, while the Aussie and Read More
FOREX The Dollar Index is trading below the crucial level of 98.50/60, which needs to hold to produce a decline to 97.50/97 in the near term. Euro has support at 1.17, a bounce from where can open up chances of testing 1.18+ levels. The EURJPY can rise to 186-188 while above 184, while the EURINR Read More
FOREX The Dollar Index may trade within 98.50-97.50, while the Euro could remain above support at 1.17 and move up slowly towards 1.19. The EURJPY can rise to 186-188 while above 184, while the EURINR may face rejection from 112.50 and dip lower in the next few sessions. USDJPY needs to break above 158 to Read More
FOREX The Dollar Index can decline towards 97/96 with the Euro likely to head towards 1.1850-1.19. The EURJPY can rise to 113-114 while the rising momentum continuea. USDJPY can re-attempt to test 158+ levels while above 157. USDCNY trades below 6.80 and has fair scope for a dip to 6.78/75 soon. Pound needs to sustain Read More