The EUR/USD pair shot straight up during the Tuesday session, as the 1.3150 level has been confirmed as a floor. The candle is very bullish, and we did close towards the very highs for the day, always...
Market Commentary The US Dollar continued to depreciate across the board; the Dollar Index (DX) continued to fall for continuous sixth session. The Dollar Index is currently trading flat at 79.37 after correcting from intermediate resistance of...
Technical analysis for 18.12
The EUR/USD pair did very little during the session on Monday as it simply went back and forth in a very tight range. However, we remained above the crucial 1.3150 handle, and this does suggest that there...
Market Commentary The US Dollar continued to depreciate across the board; the Dollar Index (DX) continued to fall for continuous sixth session. The Dollar Index is currently trading flat at 79.37 after correcting from intermediate resistance of...
Market Commentary Despite most of the asset classes, especially the benchmark equity index of the Dow Industrials (DJIA) trading flat, the Dollar Index (DX) continued depreciating across the board to close weak at 79.65 ranges. The Dollar...
EURUSD breaks above 1.3171 resistance, suggesting that the uptrend from 1.2042 has resumed. Further rise could be expected next week, and next target would be at 1.3400 area. Support levels are at 1.3000 and 1.2875, only break...
The EUR/USD pair broke above the 1.3150 level at the end of the session on Friday, signaling a new leg of in this currency pair. Is because of this that we think a break above the highs...
The EUR/USD pair did very little during the session as we went back and forth but essentially got nowhere. This market looks like it’s starting to overextended itself a little bit, but we have to admit that...
Market Commentary The US Dollar trade mixed wherein it traded flat against the Common currency and the Aussie whereas it has appreciated against the Cable and the Japanese Yen and continued to appreciate against the Swiss Franc....
