Amidst most of the asset classes especially the equities correcting the Dollar Index appreciated to currently trade at 79.84. Further fall in the Greenback is expected only on the Dollar Index consistently trading below 78.00 ranges.
The USD/JPY pair fell during the session on Tuesday as the 78 handle has been solidly broken. However, it does look like a little bit of support came late in the day. This particular pair is a...
The USD/CAD pair rose during the session after initially falling on Tuesday in order to press upon the 0.98 handle. However, towards the end of the day we saw a little bit of a pullback as it...
The GBP/USD pair fell during the session after initially surging on Tuesday, in order to test the 1.62 level yet again. This market has been very bullish, but we want to see a pullback in order to...
The EUR/USD pair fell during the session on Tuesday in order to test the 1.29 handle for support the second time in two days. This market still looks like it’s a bit overbought, and a pullback to...
AUD/ USD initially tried to rally during the session on Tuesday, but was cut short and reversal and the 1.0470 level. The resulting candle was a shooting star, and it did break the bottom of the hammer...
Market review for 24.09.12: There were disagreements between European leaders.
The exchange rate has stalled after breaking back into its channel. Wave 5 down is in the process of finishing. It is possible the correction has yet to play out, and it could bounce back up to...
GBP/USD has broken above a down-sloping trend-line and is consolidating in a range. It is possible that it could go higher, although, there is also the chance of a correction. The move out of the triangle has...
Tracking the EUR/USD pair Date: 24.09.2012 Time: 22:33 Rate: 1.2929 Daily chart Last Review The price went down to check the 1.3000 support level and it look like this level can still hold. Breaching of the 1.3172 price...
