SGX Nifty Premarket

FOREX The Dollar Index is coming off and Euro is rising as expected. If the Index falls further, it can test 103-102.50 on the downside whereas, if the Euro sustains its rise, it can head towards 1.0850-1.0900. USDJPY and EURJPY are coming off as expected and can get extended to 148-146 and 161 respectively. Aussie Read More

FOREX The Dollar Index tested 104.50 before coming down. If the fall persists, a test to 103-102.50 is likely to happen. while the Euro, seems to be holding well above the support around 1.0770 and if sustained can head towards 1.0850-1.0900 in the near term. USDJPY and EURJPY exceeded our targets of 152 and 164 Read More

FOREX The Dollar Index is gradually rising and if sustained can test 105-105.50 in the near term while the Euro, if falls further can test 1.0770 before attempting to rise back. USDJPY and EURJPY are nearing our mentioned targets of 152 and 164 respectively. Aussie and Pound are likely to remain ranged within 0.66-0.68 and Read More

FOREX The Dollar Index rose well and if sustained above current levels can rise towards 104-105 in the near term while the Euro, if falls further can test 1.08-1.0770 before attempting to rise back. USDJPY and EURJPY can have upside limited to 152 and 164 respectively. Aussie and Pound look bearish towards 0.6650-0.66 and 1.2950-1.29 Read More

FOREX The Dollar Index trades lower while the Euro can rise towards 1.09 before pausing. USDJPY and EURJPY could dip slightly to 148.80 and 161.80 in the very near term. Aussie could have a limited upside to 0.68 for now while Pound needs to break above 1.31 to rise further. USDCNY can trade within 7.1240-7.10 Read More

FOREX The ECB lowered the deposit facility rate to 3.25% (earlier 3.5%). This led the Dollar Index to strengthen and the Euro to move towards 1.0810 on the downside. USDJPY and EURJPY are struggling to rise and could either from 152-152.50 and 164 or from current levels, can fall towards 146.50 and 160 respectively. Aussie Read More

FOREX The ECB lowered the deposit facility rate to 3.25% (earlier 3.5%). This led the Dollar Index to strengthen and the Euro to move towards 1.0810 on the downside. USDJPY and EURJPY are struggling to rise and could either from 152-152.50 and 164 or from current levels, can fall towards 146.50 and 160 respectively. Aussie Read More

FOREX The Dollar Index is bullish towards 104 and the Euro is weak towards 1.08 ahead of the ECB policy meeting where markets expect a 25bps rate cut. USDJPY and EURJPY are struggling to rise and could stabilize or fall towards 146.50 and 160 respectively. The fall could be delayed in case of a rate Read More

FOREX The Dollar Index looks bullish towards 103.55-104 while above 102.50. The Euro has slipped below 1.09 but needs to break below 1.0875 to extend to 1.08-1.07. The USDJPY and EURJPY have a fair chance of declining to 148.50/148 and 161 in the near term while below 149.50 and 164. Aussie can test 0.66 while Read More

FOREX The Dollar Index looks bullish towards 104 and higher while above 102.50. The Euro has slipped below 1.09 but has risen back slightly. The price can head towards 1.08 on a confirmed break below 1.09. The USDJPY and EURJPY have a fair chance of rising towards 150-152 and 164 respectively while above 146 and Read More