EURUSD stays in a downward price channel on daily chart, and remains in downtrend from 1.4246. Further decline is still possible over the next several days and next target would be at 1.2500 area. Resistance is at...
Since New Year EURUSD has significantly declined breaching a few major support levels and reaching its low from beginning of 2011.
EUR/USD plunged through the 1.28 handle on Thursday as traders continue to worry about the European debt issue. The pair has been very bearish as of late, and the trend looks set to continue as the Euro...
With the benchmark equity index trading soft the, US Dollar continued appreciating across the board; the Common Currency has lost most against the Greenback as compared to other currencies followed by the Cable. The medium trend is...
Most of the asset classes especially the benchmark equity index of the Dow Jones Industrials, resulting in appreciation of the US Dollar across the board; the Common Currency has lost most against the Greenback as compared to...
EUR/USD fell again during the Wednesday session as the risk appetite was fleeting from the Tuesday rallies in equity markets around the world. The pair continues to be plagued by EU debt problems,
EUR/USD rose on light volume during the Tuesday session. The traders came back to the floors around the world, and as is usually the case – optimism reigned at the start of the New Year. However, traders...
The Dollar Index succumbed to profit taking after hitting historic resistance zone of 81.00 ranges and is currently trading at 79.90 ranges. The medium trend is bullish till 77.50 ranges are holding on weekly closing basis, though...
EUR/USD had a very flat day on Monday as traders simply aren’t back in force from the holidays yet. With very little in the way of news to move the markets, they basically sat still during the...
The Dollar Index again found resistance in the ranges of 81.00. Major trend is range bound between 73.40 and 81.40; the medium trend is bullish till 77.50 ranges are holding on weekly closing basis, though 81.40 ranges...
