With a lack of any real news coming out on Monday, the EUR/USD managed a bit of a bounce during the session. The pair actually dipped into the 1.26 handle at one point, but recovered to close...
The Dollar Index succumbed to profit taking; the Cable, the Aussie Dollar and the Euro have appreciated from the lows during the American Session. The medium trend is bullish till 80.00 ranges are holding on weekly closing...
Market review for 03 -06.01, 2012
Despite a positive US jobs report on Friday, which would have normally boosted riskier assets like the euro, the common currency maintained its bearish trend to close out the week. The EUR/USD dropped to its lowest level...
The Dollar Index continued to appreciate on the event of the benchmark equity index of the Dow Jones trading soft; the Common Currency has lost most against the Greenback as compared to other currencies followed by the...
USD/CAD had another bullish session on Friday as the traders reacted to several different influences at once. The Canadian jobs numbers weren’t very impressive, and the oil markets fell.
The AUD/USD pair fell on Friday as traders took a bit of risk off globally. The Dollar continues to get a bid in general, and this pair wasn’t much different. However, the 1.02 area below should offer...
USD/CHF rose again during the Friday session and even broke to a new high. The pair formed a shooting star for the session, but has been impressive over the last several months as it continues to grind...
GBP/USD fell on Friday as traders continue to show concern of all things European related. The 1.55 to 1.53 level is one massive support zone, and a break below that area would signal that the rout is...
The USD/JPY pair fell on Friday as traders sold off risk everywhere, and the Yen got a bid in general. However, the pair is near the bottom of its most recent range, and the levels below will...
