The Dollar Index is trading firm at 79.60 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the Dollar Index consistently trading below 78.00 ranges.
After touching 1.6012 resistance, AUDUSD pulled back from 1.0624, suggesting that lengthier consolidation of the uptrend from 0.9581 is underway. Deeper decline could be expected over the next several days, and the target would be at 1.0200...
The AUD/USD pair rose during the session on Friday, but would be beat back at the 1.05 level. The previous day of course saw a hammer, as did the two before that. With that being said, it...
The Dollar Index is trading flat at 79.42 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges.
The AUD/USD pair fell during most of the trading day on Thursday, but did manage to balance in order to form a nice-looking hammer. It appears that the 1.04 level was massively supportive at this point time,...
The AUD/USD pair fell initially during the Wednesday session, but bounced higher in order to form a hammer for the second day in a row. This is a very strong signal, and the fact that informed just...
The Dollar Index is trading firm at 79.38 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems...
Market review for 18.09.12: The started yesterday the two-day meeting of BOJ in the focus of market participants.
The AUD/USD pair fell during most of the session during the Tuesday trading day, but formed a nice hammer after it bounced and later hours. This suggests that perhaps the 1.04 level will be supportive, and we...
Market review for 17.09.12: The Australian dollar fell amid escalating tensions between Japan and China.