The Dollar Index is expected to trade sideways with 78.20 acting as key support and 79.90 acting as key resistance. Dow Industrials entering supply zone of previous year highs of 12900 ranges, which may result in the...
Market review for 30.01 – 3.02, 2012
The Dollar Index is finding support the short-term support of 78.20 on the event of the key equity index of the Dow Industrials reaching supply zone of previous year highs of 12900 ranges. DXH2 may trade sideways...
The USD/CAD pair fell on Friday as the better than expected Non-Farm Payroll numbers had the market comfortable with taking risk. The Canadian dollar rose to the point that we have cleared the parity support area, but...
AUD/USD rose again for the Friday session as the Non-Farm Payroll number came in much better than anticipated. This boosts the confidence of the markets, and “riskier assets” are suddenly much more attractive as the confidence will...
The USD/CHF pair had a volatile day on Friday, just to end up unchanged. This pair is currently consolidating above the 0.90 to 0.91 level that has been so supportive lately.
The GBP/USD pair had a back and forth session on Friday as the Non-Farm Payroll report came out much stronger than expected. This kind of market isn’t all that uncommon on these days, and as a result...
The USD/JPY pair rose for the Friday session as the Non-Farm Payroll numbers came out better than expected. The pair is being lifted by the Bank of Japan, and at the levels that we started the day...
EUR/USD went back and forth like it normally does on a Non-Farm Payroll day on Friday. The pair simply didn’t go anywhere, and the market is still “stuck” between the 1.32 level and the 1.30 level.
The negotiations regarding the Greek debt with investors are passing very hard.
