The Dollar traded mixed against the FX majors wherein it has appreciated against the Euro, the Cable and the Swiss France where as the USD has weakened by about 50 pips against the Aussie Dollar.
The EUR/USD pair fell during the Monday session, but got a bit of a bounce once the market fell below the 1.28 level. The resulting candle is somewhat hammer like, but this sets up a very obvious...
Better than expected US jobs data resulted in appreciation of the greenback against most of the FX majors. The Dollar has appreciated across the basket, wherein the Cable fell by more than 90 pips, the Euro by...
EURUSD is facing 1.2803 support, a breakdown below this level will indicate that lengthier consolidation of the uptrend from 1.2042 is underway, then deeper decline to 1.2600-1.2700 area to complete the consolidation could be seen.
The EUR/USD pair fell precipitously during the session on Friday as we broke down through the up trending line, as well as the 1.29 support level. At this point time, we see the 1.28 level as the...
The Dollar Index is currently trading flat at 80.15 ranges, near to the upper range of the range bound pattern formed during past couple of weeks; DX is still range bound between 80.40 and 79.00.
The EUR/USD pair fell during the session on Thursday after forming a perfectly placed shooting star on Wednesday. This continues to drive home the point that 1.30 is the beginning of serious resistance, and as such we...
Dollar Index traded weak after hitting the short term resistance of 80.40. The Dollar Index is currently trading flat at 80.02 ranges, near to the upper range of the range bound pattern observed since couple of weeks;...
The EUR/USD pair rallied during most of the session on Wednesday, but failed at the 1.30 level again. The resulting action formed a shooting star for the day, and this of course looks very weak. As you...
The USD traded weak against most of the FX majors on the event of lack luster trading yesterday. The Dollar Index is trading at 80.00, near the upper boundary of the range bound trading pattern observed since...
