Market Commentary Amidst volatile session witnessed in the benchmark equity index of Dow Industrials (.DJIA) the Dollar Index (DX) ended flat after swinging between 79.89 and 79.42. The Dollar Index after finding support at 79.00 ranges is...
The USD/JPY pair shot straight up at the open after the Christmas holiday on Wednesday. We are significantly above the 85 handle now, and as a result feel that this market has completely broken out and has...
Market Commentary The US Dollar traded mixed wherein it has depreciated against the Euro and Swiss Franc whereas it continued appreciating against the Japanese Yen and the Aussie. The Dollar Index after finding support at 79.00 ranges...
The USD/JPY pair rose during the session on Monday as the pair continues to rise overall. We now are clear of the 84 handle, which was once serious resistance. We see the 85 handle as resistive as...
Market Commentary The Dollar Index is finding support at 79.00 ranges to currently trade firm at 79.75 resulting in correction in most of the asset classes especially in the benchmark equity index of the Dow Industrials (.DJIA)....
USDJPY remains in uptrend from 77.14. Another rise could be expected after a minor consolidation, and next target would be at 86.00 area. Support is now at 83.00, as long as this level holds, the uptrend will...
The USD/JPY pair fell during the Friday session, but bounced off of the 84 handle again and formed a hammer for the second day in a row. Looking at this chart, we can see that the 84...
The USD/JPY pair fell during the session on Thursday, but remains above the 84 handle as it appeared to offer support. The area is one that we have been wanting for quite some time, and now that...
Market Commentary The US Dollar Index is showing resilience at the key support of 79.00 ranges on the event of correction witnessed in most of the asset classes, especially in the benchmark equity index of Dow Industrials...
Market Commentary The US Dollar Index recovers from key support of 79.00 ranges on the event of correction witnessed in most of the asset classes, especially in the benchmark equity index of Dow Industrials (.DJIA). The Dollar...
