Market Commentary The Dollar Index is trading firm at 80.00 ranges on the event of most of the asset classes either nearing their respective resistance zones or correcting. The benchmark equity index of the Dow Industrials (.DJIA)...
Market Commentary The Dollar Index (DX) is dwindling around 80.20 ranges on the even of the benchmark equity index of the Dow Industrials (.DJIA) trading tight at the psychological resistance of 14000 mark. Next leg of Dollar...
USDCHF has formed a cycle bottom at 0.9021 on daily chart. Further rally would likely be seen next week, and the target would be at the downward trend line.
Market Commentary With most of the asset classes correcting, the Dollar Index (DX) gained by more than 50 points to currently trade at 80.32. Next leg of Dollar weakness is expected only below 79.00 ranges else it...
Market Commentary The US Dollar Index is trading consistently above 79.00 ranges which have been acting as formidable support since April 2012. Next leg of Dollar weakness can be expected only on DX closing below 78.50 on...
Market Commentary The US Dollar traded mixed wherein it traded flat against the Euro and the Swiss Franc whereas the British Pound, the Aussie Dollar and the Japanese Yen continued to stumble. Though mild correction was witnessed...
Market Commentary The Dollar Index (DX) again finds resistance at 79.00 ranges since April, 2010, resulting in sell off in benchmark equity index of Dow Industrials (DJIA). Next leg of weakness in the USD is expected only...
Market Commentary The US Dollar is trading mixed wherein it continued depreciating against the Euro and the Swiss France, where as it appreciated against the British Pound after depreciating for couple of days and continued depreciating against...
USDCHF breaks below 0.9083 previous low support, suggesting that the downtrend from 0.9971 has resumed. Further decline is still possible after a minor consolidation, and next target would be at 0.8800 area.
Market Commentary The US Dollar is trading mixed since past couple of weeks wherein it has depreciated against the Euro and traded flat against the Swiss France and the Aussie but continued appreciating against the Japanese Yen...
