FOREX Strength in the Dollar Index above 101.50 if sustains can lead to further weakness in major currencies against the US Dollar. The Euro is already trading below 1.14 and can now test 1.13 while EURINR may fall to 106/105 on a decisive break below 107. EURJPY may test 183 while USDJPY may try to Read More
SGX Nifty Premarket
FOREX Strength in the Dollar Index above 101.50 if sustains can lead to further weakness in major currencies against the US Dollar. The Euro is already trading below 1.14 and can now test 1.13 while EURINR may fall to 106/105 on a decisive break below 107. EURJPY may test 183 while USDJPY may try to Read More
FOREX The Dollar index needs to break above 101.5 to slowly move up further while he Euro has already broken below 1.14 and can now fall towards 1.13. EURINR can test 107.77-107.50 before bouncing from there while EURJPY may bounce from 183. USDJPY may hold below 162 with immediate downside limited to 161/160. USDCNY has Read More
FOREX The Dollar index trades above 101 and the Euro near crucial support at 1.14. The Dollar index will have to rise above 101.50 to turn bullish and pave way for 102-104 dragging Euro down towards 1.13/1.12 in the medium term. Else we may expect the paths to reverse from current levels. EURINR can test Read More
FOREX The Dollar index continues to rise and could move up to 101-101.50 while Euro can tank lower to 1.13 if it does not hold above support at 1.14. EURINR needs to hold above 108 else it can fall to 107.50-107. EURJPY may hold within 183-186 region for now. USDJPY is holding well above 161 Read More
FOREX The Dollar index continues to rise and could move up to 101-101.50 while Euro can tank lower to 1.13 if it does not bounce back from 1.14. EURINR needs to bounce from 108 else it can fall to 107.50-107. EURJPY may hold within 183-186 region for now. USDJPY has risen well above 161 and Read More
FOREX The Dollar index continues to rise and could move up to 101-101.50 while Euro can tank lower to 1.13 if it does not bounce back from 1.14. EURINR needs to bounce from 108 else it can fall to 107.50-107. EURJPY may hold within 183-186 region for now. USDJPY has risen well above 161 and Read More
FOREX The FOMC kept rates unchanged but revised expectations of inflation to higher levels cutting the growth forecasts lower. Hawkish comments boosted the Dollar index taking it above 100. There can be scope of trade between 100-101 with series of resistances in the region. Euro has scope to trade within 1.1450-1.16 while EURINR needs to Read More
FOREX The Dollar index has dipped and could test 99 while Euro has moved up well above 1.16 which if sustains can take it towards 1.1675. EURINR can test 109 before bouncing back to higher levels of 110.50 while the EURJPY is attempting to sustain above 186 which if succeeds can rise higher towards 188-189. Read More
FOREX The Dollar index trades higher above 99.50 after a stronger US IIP data release yesterday. While the index looks bullish above 99.50, Euro may fall back to 1.15. EURINR can test 109 before bouncing back to higher levels of 111-112 while the EURJPY could test resistance at 186. Thereafter it would be crucial to Read More
