The Dollar Index (DXM11) after taking support at 73.50 recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support and 75.00 acting as resistance only weekly close...
Market review for 6 – 10.06, 2011
The Dollar Index (DXM11) after taking support at 73.50 ranges, recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result...
AUDUSD is in downtrend from 1.1011, the price action from 1.0440 is treated as consolidation of downtrend. Deeper decline would likely be seen next week, and next target would be at 1.0350 area. Resistance is at 1.0773,...
The Dollar Index (DXM11) has taken critical support from 73.40 ranges and can trade sideways facing resistance at 74.80-74.90 ranges. For key equity index – Dow Jones Industrials (DJIA), 11600-11700 ranges is expected to act as final...
Demand for the save-heaven assets grows. Asian and European trading sessions:
Euro continues to be supported by a number of factors.
The Dollar Index (DXM11) is nearing critical support of 73.40, currently it is trading at 73.67; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result in further weakness...
Euro reaches a monthly maximum against the greenback. Asian and European trading sessions:
U.S. stocks extended losses into a fourth straight session Monday, as Wall Street fretted about the economy. The Dow Jones Industrial Average ended down 61.3 points to 12,089.96. The Standard & Poor’s 500 Index declined 13.99 points...
