The Dollar Index is still trading range bound between 80.30 and 79.00. The Greenback traded flat yesterday after steep rise witnessed during past couple of days on the event of sell off in most of the asset...
The EUR/USD pair rose slightly during the session on Monday as the 1.30 level held to be support. The area should continue to offer support, but we see a lot of noise above also. While this market...
Gain in US Dollar leads to sell off in most of the asset classes especially the equities; the benchmark equity index of Dow Industrials (.DJIA) has fallen more than 200 points to currently trade at 13340 ranges.
EURUSD moves sideways in a range between 1.2803 and 1.3171. The price action in the range is treated as consolidation of the uptrend from 1.2042. Lengthier consolidation in the range would likely be seen next week.
The EUR/USD pair fell on Friday again, as we find the 1.3150 level far too tough for the buyers to take out. However, there is a trend line below that could provide support going forward.
The US Dollar gained across the board after the Dollar Index again found support at 79.00 ranges. The Dollar appreciated most against the Cable, by more than 100 pips followed by the Euro and the Swiss France...
The EUR/USD pair initially rose during the Thursday session, but found resistance too strong at the 1.31 handle. This general vicinity looks like it’s trying to form a bit of a double top, but the pullback should...
Anticipating positive results from another EU Summit, the Euro has moved higher this week, breaking to the top side of the pennant formation on the chart.
The EUR/USD pair shot straight up during the session on Tuesday as the 1.30 handle has given way completely. In fact, we managed to go through the 1.31 handle, and it looks like we are going to...
The US Dollar continues declining against most of the FX majors; the Greenback lost most against the Aussie by more than 70 pips, but consolidated against the Common currency, the Swiss Franc and the Cable.