The Dollar Index is currently trading flat at 80.15 ranges, near to the upper range of the range bound pattern formed during past couple of weeks; DX is still range bound between 80.40 and 79.00.
The AUD/USD pair rose during the session on Thursday, pounding into the 1.04 resistance level. We closed right at that level, and as such it appears that the jobs number coming of the United States later today...
Dollar Index traded weak after hitting the short term resistance of 80.40. The Dollar Index is currently trading flat at 80.02 ranges, near to the upper range of the range bound pattern observed since couple of weeks;...
The AUD/USD pair rose during the session on Wednesday, smashing into the 1.04 level and being repelled by the sellers. This resistance area pushed price down enough to form a shooting star again, but it should be...
The USD traded weak against most of the FX majors on the event of lack luster trading yesterday. The Dollar Index is trading at 80.00, near the upper boundary of the range bound trading pattern observed since...
The AUD/USD pair fell during the beginning of the Tuesday session, but bounced in order to form a hammer. This suggests that we are seeing a build up the pressure against the 1.04 level, and as such...
The Dollar Index is still trading range bound between 80.40 and 79.00. The USD traded flat against the Euro, the Swiss Franc and the Aussie Dollar but appreciated by more than 70 pips against the Cable.
The AUD/USD pair fell during the session on Monday as the “risk off” trade came back into play. However, with the hurricane bearing down on the New York/New Jersey area, we saw much less liquidity in the...
The Dollar Index is still trading range bound between 80.00 and 79.00. The USD traded flat against most of the FX majors, though mild correction was observed in the Cable after the Cable has appreciated during past...
AUDUSD has formed a cycle bottom at 1.0149 on daily chart. Further rise could be expected next week, and the target would be at 1.0500-1.0600 area. However, the price action from 1.0612 is treated as consolidation of...
