The AUD/USD pair fell rather significantly during the session on Friday, plowing into the recent noisy area just below the 1.03 level. However, the 1.03 level did hold of support by the end of the session, and...
The AUD/USD pair initially fell during the session on Thursday, but found enough buyers to bounce and form a hammer. This hammer is placed right above the 1.0350 level, and as a result looks like a market...
Market Commentary The Dollar Index (DX) is trading strong at 80.46 ranges with most of the asset classes trading weak or in narrow ranges at their respective resistances; next leg of Dollar weakness is expected only on...
The AUD/USD pair had a positive session during the Wednesday trading hours, breaking above the 1.0325 level. This area had been a minor resistance area; the now appears that we are heading towards 1.04.
Market Commentary The Dollar Index (DX) is trading narrow at 80.15 ranges with most of the asset classes trading in the narrow ranges especially the benchmark equity index of the Dow Industrials (DJIA) trading tight around the...
The AUD/USD pair fell initially during the session on Tuesday, but bounced enough in order to reach the 1.03 level by the end of the day. This move formed a big of supportive candle, and it appears...
Market Commentary The Dollar Index (DX) finds resistance at intermediate resistance of 80.50 ranges on the event of most of the asset classes finding stability. Though next leg of Dollar weakness is expected only on DX consistently...
The AUD/USD pair fell hard during the session on Monday, and continued its weakness as the Australian dollar simply cannot get out of its own way. However, we think that there is quite a bit of noise...
Market Commentary The Dollar Index is trading firm at 80.00 ranges on the event of most of the asset classes either nearing their respective resistance zones or correcting. The benchmark equity index of the Dow Industrials (.DJIA)...
Market Commentary The Dollar Index (DX) is dwindling around 80.20 ranges on the even of the benchmark equity index of the Dow Industrials (.DJIA) trading tight at the psychological resistance of 14000 mark. Next leg of Dollar...
