USDCHF remains in downtrend from 0.9971, the rise from 0.9239 is treated as consolidation of the downtrend. Range trading between 0.9239 and 0.9500 would likely be seen over the next several days. The downtrend could be expected...
The Dollar Index is trading flat at 79.42 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges.
The Dollar Index is trading firm at 79.38 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems...
Market review for 18.09.12: The started yesterday the two-day meeting of BOJ in the focus of market participants.
Market review for 17.09.12: The Australian dollar fell amid escalating tensions between Japan and China.
The Dollar Index is currently trading at critical support of 78.70-78.20; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems to be over...
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USDCHF continues its downward movement from 0.9971, and reaches as low as 0.9238. Further decline is still possible next week, and next target would be at 0.9000 area. Resistance is now at 0.9420, as long as this...
After the Fed chairman, Mr,Bernanke announced buying MBS and other assets to boost the job market, the Dollar stumbled to the month’s lows to currently trade at 79.02. DX seems to be heading towards the historic support...
The US Dollar slipped across the board though with lesser momentum; with all eyes on the Fed policy today, the most of the major pairs are trading flat. Further direction may be established during American session.