The Dollar Index is currently trading flat at 80.15 ranges, near to the upper range of the range bound pattern formed during past couple of weeks; DX is still range bound between 80.40 and 79.00.
The USD/JPY pair rose during the session on Thursday as the “risk on” attitude took over the global financial markets. The real test will be later today however, as the nonfarm payroll number tends to move this...
The USD/CAD pair fell during the session on Thursday in order to test the lower limits of the hammer formed on Wednesday. The pair happens to be sitting right at the 200 day exponential moving average, and...
The GBP/USD pair rallied during most of the session on Thursday, but failed to close higher, and actually lost a little bit towards the end of the session. By the end of the day, we had a...
The EUR/USD pair fell during the session on Thursday after forming a perfectly placed shooting star on Wednesday. This continues to drive home the point that 1.30 is the beginning of serious resistance, and as such we...
The AUD/USD pair rose during the session on Thursday, pounding into the 1.04 resistance level. We closed right at that level, and as such it appears that the jobs number coming of the United States later today...
Dollar Index traded weak after hitting the short term resistance of 80.40. The Dollar Index is currently trading flat at 80.02 ranges, near to the upper range of the range bound pattern observed since couple of weeks;...
The euro was able to extend its recent bullish momentum during the first part of the day yesterday, as positive EU economic indicators continued to generate investor risk taking.
The USD/JPY pair continued to bounce around during the session on Wednesday as the market struggles to get above the 80 handle. The pair will more than likely be quiet over the next day or so as...
The USD/CAD pair fell during most of the session on Wednesday, but bounced off of the 200 day moving average in order to form a hammer right at parity. This is a confluence of several different things...
