AUDUSD has formed a cycle bottom at 0.9927, and the fall from 1.1080 has completed. Further rise is expected after a minor consolidation, and next target would be at 1.0600-1.0700 area. Key support is at 0.9927, only...
The AUD/USD pair rose again on Thursday as the trading world continues its tug-o-war on a global scale. The AUD/USD caught a bid in a risk-seeking move, and we are presently at the top of the most...
The pair continues to consolidate near its 200 moving average after the impressive decline from the previous days. The market has made an attempt below parity but closed above this level.
The US Dollar Index flat due to stabile trading witnessed in most of the equity bourses across the world. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index (DX) and the...
The US Dollar Index appreciates on the event of sell of seen in the equity bourses across the world. The Dollar Index is heading towards the support of 73.40-74.00 ranges; historic correlation between the Dollar Index (DX)...
After a very impressive decline which lead the pair below parity, the pair is consolidating above its parity level.
Demand for save-heaven currencies remains high.
The AUD/USD pair had a wild day on Tuesday as traders first sold off the Aussie, and then returned to buy it up later in the session. The pair even went slightly below parity for a while...
The US Dollar fell on the event of most of the asset classes finding stability at the lower ranges; most of the equity bourses find support at the week lows. The Dollar Index is heading towards the...
After a very impressive decline which lead the pair below parity (1000 pips within a few days), we did see the market bouncing significantly during the last trading session.
