Market Commentary The US Dollar continued to depreciate across the board; the Dollar Index (DX) continued to fall for continuous sixth session. The Dollar Index is currently trading flat at 79.37 after correcting from intermediate resistance of...
Technical analysis for 18.12
The AUD/USD pair did very little during the session on Monday, as we lost a slight bit of value. However, this market seems content to bounce around between the 1.05 handle, and the 1.06 level. Until we...
Market Commentary The US Dollar continued to depreciate across the board; the Dollar Index (DX) continued to fall for continuous sixth session. The Dollar Index is currently trading flat at 79.37 after correcting from intermediate resistance of...
Market Commentary Despite most of the asset classes, especially the benchmark equity index of the Dow Industrials (DJIA) trading flat, the Dollar Index (DX) continued depreciating across the board to close weak at 79.65 ranges. The Dollar...
AUDUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.0149. Key support is located at the lower line of the channel, as long as the channel support holds, the uptrend could...
The AUD/USD pair had a strong showing on Friday as we managed to push up against the 1.06 resistance level again. This area will have to give way for the Aussie to continue to climb against the...
The AUD/USD pair fell during the session on Thursday after forming a beautiful shooting star on Wednesday. However, a lot of the losses pulled back, and as a result it looks like the market wants to continue...
Market Commentary The US Dollar trade mixed wherein it traded flat against the Common currency and the Aussie whereas it has appreciated against the Cable and the Japanese Yen and continued to appreciate against the Swiss Franc....
The AUD/USD pair shot straight up during the Wednesday session as the Federal Reserve announced the expansion of its monetary policy. However, by the end of the day we saw the 1.04 level reject price again, and...
