The Dollar Index is currently range bound between 81.00 and 78.70. Major constituent of the Dollar Index basket, the Euro is trading sideways with bearish undertone, resulting in correction in most of the asset classes, especially the...
The USD reversed some of its earlier gains on Friday, following a worse than expected Non-Farm Payrolls figure which highlighted just how slowly the US economic recovery is progressing.
The USD/CAD pair rose during the session as the Non-Farm Payroll numbers came out at 120, 000 jobs were added last month, versus the 200,000 expected. The 200 EMA is just above the parity level that has...
The AUD/USD pair has a slight bullish day for the second session in a row. The pair has started to show signs of support at the 1.0250 level – which just happens to be the 50% Fibonacci...
The GBP/USD pair bounced on Friday as the Non-Farm Payroll numbers came out weak in America. The miss was by 80,000 jobs, and this sent people away from the Dollar in general.
The USD/JPY fell hard on Friday as the Non-Farm Payroll numbers came out weaker than expected. The miss was a total of 80,000 fewer jobs added in America than the 200,000 or so expect.
The EUR/USD pair rose during the Friday session in reaction to the weaker than expected Non-Farm Payroll report out of America. The report was expected to show a build of 200,000 jobs last month, but fell short...
The euro continued to slide throughout yesterday’s trading session as risk aversion dominated market sentiment. The common currency dropped to a three-week low against both the US dollar and Japanese yen, while the EUR/CHF dropped below 1.2000...
The AUD/USD pair rose during the Thursday session as the pair tested the 61.8% Fibonacci level. The shape of the daily candle was a doji, and this was formed after a hammer. The pair currently trades at...
The EUR/USD pair fell hard on Thursday to continue the general slide of the Euro over the last several sessions. The EU has major issues, so this really shouldn’t be a surprise at this point. In fact,...
