The Dollar Index is trading near short-term support of 78.20; though the medium-term trend is bearish, DXH2 may trade sideways between 79.80 and 78.20. The long-term trend is still bearish till the Dollar Index does not close...
The Euro fell on expectations of started today EU summit in Brussels.
GBP/USD fell on Monday, but managed a bounce late in trading to form a hammer. The 1.57 level is looking supportive at this point, and it appears that the market may want to make a run at...
The Dollar Index tried to trade strong during the Asian session and the European session but continued last week’s fall after the Dow Industrials recovered from the lows during mid New York trade. It is trading near...
Market review for 23 – 27.01, 2012
The Dollar Index is trading near to the support of 78.20; though the medium-term trend is bearish, DXH2 may trade sideways between 79.80 and 78.20. The long-term trend is still bearish till the Dollar Index does not...
GBP/USD rose during the Friday session as the Dollar continues to weaken. The area above is the start of significant resistance though, and it is at this point that we will find out just how strong the...
GBPUSD’s rebound from 1.5236 extended to as high as 1.5739. Further rise would likely be seen in a couple of weeks, and the target would be at 1.6000 area. Initial support is at 1.5590, as long as...
GBP/USD rose again on Thursday as traders continued to buy the Pound in general. The move higher has been pretty impressive, but the truth is that the pair had entered a downtrend a couple of months ago,...
After the US Dollar lost across the board on the event of no change in the interest rate, most of the appreciated as result, currently the Green back is trading sideways. The medium trend is bullish till...
