Amidst holiday season the Dollar index is trading flat. Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges is holding on weekly closing basis, though 81.40 ranges...
The US Dollar continued trading strong against the Euro and Swiss Franc whereas traded flat against the Cable and the Aussie Dollar. Major trend is range bound between 73.40 and 81.40 where as the medium trend is...
The Greenback lost across the board especially against the Cable, the Aussie Dollar and the Common Currency on the event of the benchmark equity index of the Dow Jones Industrials gaining more then 200 points. Major trend...
AUD/USD rose rapidly on Tuesday as the latest round of “risk on” suddenly came back to the markets. The Spanish managed to sell bonds at a decent rate for the session, and this got the market a...
AUD/USD fell hard on Monday as the commodity trade was hit fairly hard. The “risk off” trade came back into vogue during the session, and the afternoon in the US saw an acceleration of this move. The...
The Dollar Index is trading range bound on the advent of long holiday season; Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges are holding, though 81.40...
AUDUSD had formed a cycle top at 1.0378 on daily chart. Another fall towards 1.9390 previous low would likely be seen over the next several days. Resistance is at 1.0100, as long as this level holds, downtrend...
AUD/USD fell below the parity level a few sessions ago, and Friday saw a very bearish candle as the day saw an attempt to rally above that parity level, only to form a shooting star at the close.
AUD/USD rose during the session on Thursday to retest the parity level as resistance. As the level was former support, this is very common from a technical perspective.
AUD/USD fell on Wednesday as the risk off trade came back into vogue again. The parity level has been broken though, and the gap from two weekends ago looks set to be filled. The 0.97 level looks...
