Market CommentaryThe Dollar Index is trading tight near the short term support of 80.00 ranges; it is currently trading at 79.90 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
Market CommentaryThe US Dollar traded mixed bag wherein it has lost against the Euro, the Swiss France but gained against the Aussie and the Japanese Yen.
USDCHF is facing 0.9214 support, a breakdown below this level could signal resumption of the downtrend from 0.9971, then the target would be at 0.8500 area.
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.18 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.30 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
The Dollar Index is currently trading at 80.00 ranges, after finding resistance at 81.00 ranges from where is sold off during September. Daily close below 79.80 would result in further depreciation of the US Dollar across the...
The Dollar Index falls again from 81.20 ranges from where it has sold off during September. Currently it is trading at 80.30 with 79.90-80.00 acting as important support. Daily close below 79.80 would result in further depreciation...
USDCHF had formed a cycle top at 0.9511 on daily chart. Further decline could be expected next week, and next target would be at 0.9100-0.9150 area. Resistance is at 0.9400, only break above this level could trigger...
The Greenback traded mixed against the four FX majors, wherein it has depreciated against the Euro, the Swiss Franc and the GBP whereas the Yen continued to depreciate against the USD.
Market review for 20.11.12: The Bank of Japan decided to keep the volume of purchases of assets on the same 66 trillion Yen level.
