Concerns over the situation in Europe are growing.
The Dollar Index is finding stiff resistance in the ranges of 78.85-79.00 ranges due to bargain buying in most of the asset classes especially the equities though the major trend is still bearish. As long as 79.50...
Willingness to take risks is back.
USD/CHF fell on Tuesday as traders sold the Dollar to buy riskier assets in general. However, the USD/CHF pair did see a bit of a rebound late in the day as the rallies worldwide fell off.
Bargain buying was witnessed in most of the asset classes especially the equities though the major trend is still bearish, as a result of which, the Dollar Index is finding stiff resistance in the ranges of 78.85-79.00...
USD/CHF rose a bit during the Monday session, only to be repelled for the second time in three sessions. The 0.9000 level sits just below, and it looks like it wants to hold this pair up at...
Dollar Index after hitting major resistance zone of 78.75-79.30 ranges sold off to currently trade at 78.00 ranges. Dollar Index may correct to 77.00 ranges and later towards 76.20. Only weekly close below 76.20 results in reinitiating...
Market review for 19 – 23. 09, 2011
Dollar Index is nearing resistance zone of 78.75-79.30 ranges; most of the asset classes especially the precious metals after the parabolic bull run sold off during whole week ; though double dip depression in the is still...
The pair has confirmed a strong bullish bounce with a break above 90,00. We expect a continuation of the bullish trend over the middle term.