The Dollar Index is trading firm at 79.38 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems...
Market review for 18.09.12: The started yesterday the two-day meeting of BOJ in the focus of market participants.
In the previous European trading session, the Euro lost against the British pound as pressure is piling up on Spain to request for a sovereign bailout and trigger the new bond-purchasing program of the European Central Bank...
The EUR/USD pair fell during the session on Tuesday as the Euro lost a little bit of its luster in the eyes of investors around the world. The 1.30 level looks like it could provide support though,...
The USD/JPY pair rose during the session on Tuesday as the market continues to press him on the 79 handle. We think that a break above the 79 handle would lead us to the 80 handle relatively...
GBP/USD had a fairly quiet session on Tuesday as the market seems a bit “toppy” here. Looking at this recent rally is obvious that the market is overextended. We actually preferred to see a pullback to the...
The AUD/USD pair fell during most of the session during the Tuesday trading day, but formed a nice hammer after it bounced and later hours. This suggests that perhaps the 1.04 level will be supportive, and we...
The USD/CAD pair fell during the session on Tuesday as the rally stalled. We still see the 0.98 level as an area that the buyers what have to overcome in order to even remotely convince anyone, and...
Despite a better than expected German ZEW Economic Sentiment figure yesterday, the euro took moderate losses over the course of the day, after hitting four-month highs against the USD and JPY earlier in the week.
Market review for 17.09.12: The Australian dollar fell amid escalating tensions between Japan and China.
