The Dollar Index (DXM11) after taking support at 73.50 ranges, recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result...
EURUSD dropped from 1.4696, suggesting that a cycle top had been formed on daily chart. Now the fall would possibly be resumption of downtrend from 1.4939. Deeper decline could be seen next week, and next target would...
The Dollar Index (DXM11) has taken critical support from 73.40 ranges and can trade sideways facing resistance at 74.80-74.90 ranges. For key equity index – Dow Jones Industrials (DJIA), 11600-11700 ranges is expected to act as final...
Demand for the save-heaven assets grows. Asian and European trading sessions:
Euro continues to be supported by a number of factors.
The markets dropped for a fifth straight day as investors turned downbeat late in the session following comments from Federal Reserve Chairman Ben Bernanke. The Dow Jones Industrial Average closed down 19.15 points at 12,070.81. The blue-chip...
Hello. Let’s take a look at the EUR/USD hourly chart. We’ve recently seen a strong move up and it seems we may potentially have a little more room to move up.
The Dollar Index (DXM11) is nearing critical support of 73.40, currently it is trading at 73.67; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result in further weakness...
Euro reaches a monthly maximum against the greenback. Asian and European trading sessions:
The Dollar Index (DXM11) lost more than a percentage during last week; yesterday it traded flat and mild short covering was witnessed after the Dollar Index neared critical support of 73.40 ranges. DXM11 may trade sideways with...
