Market Commentary The US Dollar appreciated across the board resulting in deep sell of in the benchmark equity index of the Dow Industrials (DJIA). The Dollar Index (DX) is consistently trading above the critical resistance of 81.20...
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...
USDJPY stays above a upward trend line on daily chart, and remains in uptrend from 77.14, the fall from 94.43 is likely consolidation of the uptrend. Support is at the trend line, as long as the trend...
The USD/JPY pair rose during the session on Friday, but remains fairly tight going forward as we have gone sideways over the last two weeks. The market is been extraordinarily bullish over the last several months, and...
The USD/JPY pair fell during the session on Thursday, but found the 93 level supportive enough to keep the market relatively sideways. It should be said that the markets got quite a boost in late day trading...
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...
The USD/JPY pair went back and forth during the session on Wednesday, essentially ending up where it started. The market is currently attractive to the 93.50 level, and after the FMOC minutes been released, this market went...
The USD/JPY pair had a very quiet session on Tuesday as the market essentially hovered around the 93.50 level. This market looks like it’s trying to go sideways for the short term, possibly even with a downward...
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...