The AUD/USD pair fell hard during the session on Monday, and continued its weakness as the Australian dollar simply cannot get out of its own way. However, we think that there is quite a bit of noise...
Market Commentary The Dollar Index is trading firm at 80.00 ranges on the event of most of the asset classes either nearing their respective resistance zones or correcting. The benchmark equity index of the Dow Industrials (.DJIA)...
The Australian dollar is deemed to maintain its drop opposite the Japanese yen today after the Reserve Bank of Australia slashed its economic growth and inflation forecasts in its quarterly monetary policy statement released last Friday, suggesting...
Market Commentary The Dollar Index (DX) is dwindling around 80.20 ranges on the even of the benchmark equity index of the Dow Industrials (.DJIA) trading tight at the psychological resistance of 14000 mark. Next leg of Dollar...
The USD/JPY pair fell during the session on Friday, but did bounce towards the end of the day at the 92.50 level. However, the weekly candle is a shooting star, and this of course suggests weakness.
The USD/CAD currency pair rose during the session on Friday, and managed to close above the parity level. However, we still see resistance all the way up to the 1.01 level, and will wait until that area...
The GBP/USD pair had a strong showing on the Friday session, but failed to close above the 1.58 level. The pullback and that area suggests to us that there is a considerable amount of resistance just above...
The EUR/USD pair fell again on Friday, after initially trying to rally and bounce off of the 1.34 level. This market looks relatively weak, but it should be stated that there are a lot of supportive clusters...
The AUD/USD pair went back and forth during the session on Friday, in actually had a positive day. We close above the 1.03 level, which of course is a minor support area but still look a bit...
Market Commentary With most of the asset classes correcting, the Dollar Index (DX) gained by more than 50 points to currently trade at 80.32. Next leg of Dollar weakness is expected only below 79.00 ranges else it...
