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- kshitijforex replied Jun 13, 2024
image 14 Jun 24. 0830 IST or 0300 GMT or 2300 EST Good Morning! The Dollar Index has surged past 105 despite the softer PPI data released yesterday. Dollar Index could trade within 104-105.50 and Euro if sustained above 1.07, then it can trade ...
- kshitijforex replied Jun 12, 2024
image 13 Jun 24. 0840 IST or 0310 GMT or 2310 EST Good Morning! Volatility was seen in the Dollar Index yesterday after lower US CPI was released and FED meeting where the rates were kept unchanged but signaled one rate cut in 2024 revising from ...
- kshitijforex replied Jun 11, 2024
image 12 Jun 24. 0843 IST or 0313 GMT or 2313 EST Good Morning! The Dollar Index sustains above 105 while Euro faces downside pressure due to political uncertainty in the Eurozone and could fall to 1.0675-1.0650 on a confirmed break below 1.0720. ...
- kshitijforex replied Jun 10, 2024
image 11 Jun 24. 0854 IST or 0324 GMT or 2324 EST Good Morning! The Dollar Index above 104.50 looks bullish to 105.50 and higher. Euro is likely to head towards 1.07-1.065 in the medium term if holds below 1.08 which can open up 106-106.50 on the ...
- kshitijforex replied Jun 9, 2024
image 10 Jun 24. 0902 IST or 0332 GMT or 2332 EST Good Morning! Higher US NFP on Friday led the Dollar Index to rise sharply past 105 and if sustained, can test 106-106.50 on the upside. Euro, Aussie and Pound have slipped sharply falling below ...
- kshitijforex replied Jun 6, 2024
image 07 Jun 24. 0848 IST or 0318 GMT or 2318 EST Good Morning! The Dollar Index continues to remain ranged within 104.50-103.60 region. Watch US NFP and Unemployment data releases scheduled today. Euro tested 1.09 as expected before coming down. ...
- kshitijforex replied Jun 5, 2024
image 06 Jun 24. 0856 IST or 0326 GMT or 2326 EST Good Morning! Lower US ADP Employment rate led to fall in the Dollar Index towards 104. The Index can trade within 104.50-104 for the next few sessions while Euro is headed towards 1.09 which if ...
- kshitijforex replied Jun 4, 2024
image 05 Jun 24. 0846 IST or 0316 GMT or 2316 EST Good Morning! The Dollar Index below 104.50-105, looks bearish to 103 in the near term. Euro can rise to 1.10 if the Dollar weakens as expected. EURJPY and USDJPY have come off a bit as the Yen ...
- kshitijforex replied Jun 3, 2024
image 04 Jun 24. 0854 IST or 0324 GMT or 2324 EST Good Morning! The Dollar Index post weaker US ISM Manufacturing data release fell sharply to test 104 and now it needs to be seen whether the fall gets extended to 103 or not. Euro on the other ...
- kshitijforex replied Jun 3, 2024
image 03 Jun 24. 0853 IST or 0323 GMT or 2323 EST Good Morning! The Dollar Index continues to remain volatile within its range of 104.50-105.50. Euro tested 1.082 on Friday before coming down. Unless a strong break past 1.09 is seen, it can move ...
- kshitijforex replied May 30, 2024
image 31 May 24. 0852 IST or 0322 GMT or 2322 EST Good Morning! After the second estimate for US QoQ GDP came lower than previous one to 1.24%, the dollar Index had declined a bit. Now, while Index holds above 104.50, view remains bullish towards ...
- kshitijforex replied May 29, 2024
image 30 May 24. 0849 IST or 0319 GMT or 2319 EST Good Morning! The dollar Index has risen above 105 and Euro has slipped slightly below 1.08. Now if the rise in Index gets further extended to 106-106.50, then Euro would be vulnerable to test ...
- kshitijforex replied May 28, 2024
image 29 May 24. 0854 IST or 0324 GMT or 2324 EST Good Morning! 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 ...
- kshitijforex replied May 27, 2024
image 28 May 24. 0847 IST or 0317 GMT or 2317 EST Good Morning! 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 ...
- kshitijforex replied May 26, 2024
image 27 May 24. 0848 IST or 0318 GMT or 2318 EST Good Morning! 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 ...
- kshitijforex replied May 23, 2024
image 24 May 24. 0854 IST or 0324 GMT or 2324 EST Good Morning! 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. ...
- kshitijforex replied May 22, 2024
image 23 May 24. 0854 IST or 0324 GMT or 2324 EST Good Morning! 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 ...
- kshitijforex replied May 21, 2024
image 22 May 24. 0840 IST or 0310 GMT or 2310 EST Good Morning! 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 ...
- kshitijforex replied May 20, 2024
image 21 May 24. 0844 IST or 0314 GMT or 2314 EST Good Morning! 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 ...
- kshitijforex replied May 16, 2024
image 17 May 24. 0849 IST or 0319 GMT or 2319 EST Good Morning! 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 ...