The AUD/USD pair fell on Friday as traders took a bit of risk off globally. The Dollar continues to get a bid in general, and this pair wasn’t much different. However, the 1.02 area below should offer...
AUDUSD broke above 1.0378 resistance, suggesting that the uptrend from 0.9663 has resumed. Further rise would likely be seen after a minor consolidation, and next target would be at 1.0600 area. Support is at 1.0150, only break...
AUD/USD fell on the session for Thursday as traders took a bit of risk off the table worldwide. The Aussie is always sensitive to these moves, so the fall wasn’t exactly a surprise.
With the benchmark equity index trading soft the, US Dollar continued appreciating across the board; the Common Currency has lost most against the Greenback as compared to other currencies followed by the Cable. The medium trend is...
Most of the asset classes especially the benchmark equity index of the Dow Jones Industrials, resulting in appreciation of the US Dollar across the board; the Common Currency has lost most against the Greenback as compared to...
AUD/USD fell originally during the Wednesday session as the “risk off” trade came back again. This makes perfect sense as the rally from Tuesday had to be reclaimed. (The markets are extremely volatile after all.)
Tuesday saw the AUD/USD gain serious strength as traders rang in the new year with optimism. The pair will follow the risk sentiment, and it appears that it is sudden strong. However, there isn’t much that has...
The Dollar Index succumbed to profit taking after hitting historic resistance zone of 81.00 ranges and is currently trading at 79.90 ranges. The medium trend is bullish till 77.50 ranges are holding on weekly closing basis, though...
AUD/USD rose slightly during a fairly quiet Monday session. The pair is approaching the 1.0250 area, and has struggled in this vicinity previously. Because of this, we aren’t willing to buy at this level.
The Dollar Index again found resistance in the ranges of 81.00. Major trend is range bound between 73.40 and 81.40; the medium trend is bullish till 77.50 ranges are holding on weekly closing basis, though 81.40 ranges...
