The Dollar Index (DX) started depreciating again after couple of days of consolidation on the event of most of the asset classes, especially the benchmark equity index of the Dow Industrials (DJIA) trading strong.
The AUD/USD pair fell during the session again on Thursday, but bounced quite significantly from the 1.02 level. This level should end up being quite supportive as we have seen time and time again that buyers will...
The Greenback traded mixed against the major pairs, wherein it continued appreciating against the Cable and the Aussie; it traded flat against the Common currency and the Swiss Franc.
The AUD/USD pair fell hard during the session on Wednesday as the commodity markets in general have taken a beating. It should also be noted that the Reserve Bank of Australia looks likely to continue to cut...
The Dollar traded flat against the major pairs of the Euro and the Cable but has appreciated by more than 100 pips against the Aussie on the event of profit taking witnessed on most of the asset...
The AUD/USD pair fell significantly during the trading session on Tuesday as the Reserve Bank of Australia cut rates in the middle of the night. While the general thought was that the RBA would have to cut...
The AUD/USD pair fell during the session on Friday in order to retest the hammer from the Wednesday trading session. The 1.03 level below seem to be supportive, and as such we think that there is a...
On Friday, 28-09-12, the US Dollar traded weak for most of the European session; but appreciated during the American session on the event of profit taking witnessed on most of the asset classes, especially the bench mark...
AUDUSD has formed a cycle top at 1.0624 on daily chart. Further decline would likely be seen next week, and the target would be at 1.0200 area. However, the price action from 1.0612 is treated as consolidation...
The AUD/USD pair shot straight up like it was launched from a cannon on Thursday after printing a nice hammer on Wednesday. The risk on trade came back into focus, and as such it looks like we...
