SGX Nifty Premarket

FOREX The Dollar Index surged yesterday to 102.09 possibly as safe haven amidst the escalating tensions in the Middle East. The index needs to sustain above 102 to continue moving up, else can fall back towards 101-100.50 again. Euro is headed towards 1.10 which needs to sustain to prevent a further dip to 1.0950/1.09. USDJPY Read More

FOREX The Dollar Index surged yesterday to 102.09 possibly as safe haven amidst the escalating tensions in the Middle East. The index needs to sustain above 102 to continue moving up, else can fall back towards 101-100.50 again. Euro is headed towards 1.10 which needs to sustain to prevent a further dip to 1.0950/1.09. USDJPY Read More

FOREX Major currencies are trading near their potential reversal levels from where either they can rise back or see a corrective fall in the near term. The Dollar Index has risen well on stronger US ADP Employment. A rise past 102 will be needed to maintain the ongoing trend. The Euro is headed towards support Read More

FOREX The Dollar Index can remain stable within 101.50-100.20 for now. Watch US ISM Manufacturing data release scheduled today. The Euro, while below 1.12 can trade within 1.12-1.11 for now. USDJPY and EURJPY seem to be rising well but could soon face near term resistance which could limit the upside. The Aussie needs to rise Read More

FOREX The Dollar Index can remain stable within 101.50-100.20 for now. Watch US ISM Manufacturing data release scheduled today. The Euro, while below 1.12 can trade within 1.12-1.11 for now. USDJPY and EURJPY seem to be rising well but could soon face near term resistance which could limit the upside. The Aussie needs to rise Read More

FOREX The lower US PCE and Personal income took the Dollar Index to the low of 100.15 before recovering a bit from there. An immediate range of 101.50-100.20 can hold for some time. The Euro, while below 1.12 can fall towards 1.1050-1.10 in the medium term. USDJPY and EURJPY remained volatile due to the Presidential Read More

FOREX The Dollar Index is trading within the immediate range of 100.25-101.50/75 which can hold for a while. Watch US PCE and Personal income data release scheduled today. Euro is trading higher within the range of 1.11-1.12, but can extend the fall towards 1.1050-1.10 in the medium term. USDJPY and EURJPY need to see a Read More

FOREX The Dollar Index is trading within the immediate range of 100.25-101.50/75 which can hold for a while. Watch US PCE and Personal income data release scheduled today. Euro is trading higher within the range of 1.11-1.12, but can extend the fall towards 1.1050-1.10 in the medium term. USDJPY and EURJPY need to see a Read More

FOREX The Dollar Index saw some relief yesterday as the US New Home Sales data came out stronger at 716K than expected at 693K. Still, a strong break past 102 will be needed to make the outlook bullish. Else the current rise could be short-lived to 101.50-102. Euro is holding well below 1.12 for now Read More

FOREX The Dollar Index fell sharply below the support of 100.50 after the weaker US Consumer Confidence release at 98.70. Needs to see whether the rise further gets extended to 99.50 or gets halted near the current levels. Watch out for the US New Home sales release today. Euro is nearing the immediate resistance at Read More