Market Commentary The US Dollar traded mixed wherein it has depreciated against the Euro and Swiss Franc whereas it continued appreciating against the Japanese Yen and the Aussie. The Dollar Index after finding support at 79.00 ranges...
The AUD/USD pair tried to rally at the beginning of the Monday session, but with low-volume the market found it being pushed lower again by the end of the session. In fact, we closed below the 1.04...
Market Commentary The Dollar Index is finding support at 79.00 ranges to currently trade firm at 79.75 resulting in correction in most of the asset classes especially in the benchmark equity index of the Dow Industrials (.DJIA)....
AUDUSD breaks below the lower line of the price channel on daily chart, suggesting that a cycle top has been formed at 1.0585, and the uptrend from 1.0149 has completed. Further decline could be expected next week,...
The AUD/USD pair fell rather harshly during the Friday session as we slammed into the 1.0 for support level. In fact, that’s exactly where we stopped and we managed to close of the very bottom of the...
The AUD/USD pair went back and forth during the Thursday session as the 1.05 level still is acting as resistance. The pair continues to find the area below current price as supportive, as well as the 1.04...
Market Commentary The US Dollar Index is showing resilience at the key support of 79.00 ranges on the event of correction witnessed in most of the asset classes, especially in the benchmark equity index of Dow Industrials...
Market Commentary The US Dollar Index recovers from key support of 79.00 ranges on the event of correction witnessed in most of the asset classes, especially in the benchmark equity index of Dow Industrials (.DJIA). The Dollar...
The AUD/USD pair had a negative session after initially trying to rally on Wednesday as the 1.05 level was overcome by the sellers. We do have to consider the 1.04 level as a significant support level below...
The AUD/USD pair fell during the session on Tuesday as the consolidation between 1.05 and 1.06 continues. The market does look healthy overall, and unlike its cousin the New Zealand dollar, the Australian dollar is an overextended.
