Market Commentary The US Dollar appreciated across the board wherein the Sterling continued to depreciate to currently trade at 1.5130 ranges followed by the Euro and next the Japanese Yen which is trading near its year lows...
USDCHF is facing the resistance of the downward trend line on daily chart, a clear break above the trend line resistance will suggest that the downtrend from 0.9971 had completed at 0.9021 already, then further rise to...
Market Commentary The US Dollar continued appreciating on the event of the most of the asset classes succumbed to selling pressure. The Dollar Index (DX) is consistently trading above the critical resistance of 81.20 ranges and is...
Market Commentary The US Dollar traded mixed wherein it has depreciated against the Euro and the Aussie but continued to appreciate against the Sterling and the Japanese Yen. Dollar Index (DX) finds resistance near 81.00 ranges; further...
Market Commentary With most of the asset classes trading flat, the Dollar Index (DX) is trading flat at 80.75 with positive bias; next leg of Dollar weakness is expected only on DX consistently trading below 78.80 ranges...
Market Commentary The Dollar Index (DX) is trading strong at 80.70 ranges resulting in most of the asset classes depreciating or forcing them to in narrow ranges at their respective resistances; next leg of Dollar weakness is...
USDCHF remains in downtrend from 0.9971, the rise from 0.9021 is likely consolidation of the downtrend. Further rally could be expected next week, and the target would be at the downward trend line on daily chart.
Market Commentary The Dollar Index (DX) is trading strong at 80.46 ranges with most of the asset classes trading weak or in narrow ranges at their respective resistances; next leg of Dollar weakness is expected only on...
Market Commentary The Dollar Index (DX) is trading narrow at 80.15 ranges with most of the asset classes trading in the narrow ranges especially the benchmark equity index of the Dow Industrials (DJIA) trading tight around the...
Market Commentary The Dollar Index (DX) finds resistance at intermediate resistance of 80.50 ranges on the event of most of the asset classes finding stability. Though next leg of Dollar weakness is expected only on DX consistently...
