The Dollar Index at the historic support of 80.00, though 81.20-82.00 would act as major resistance. The benchmark equity index of the Dow Industrials (.DJIA) is currently trading firm at 13200 ranges after hitting intermediate resistance of...
The Dollar Index has closed below the critical support of 81.00 to currently trade at 80.30 on the event of the ECB decision to go unlimited bond buying to tackle the Euro zone debt crisis. Weaker the...
USD/JPY fell during the Friday session as the US jobs numbers came in rather anemic. Because of this, it appears that the Federal Reserve will be forced to embark on quantitative easing yet again, and this should...
USDJPY is facing 77.92 support, a break below this level will indicate that the sideways movement started from 77.66 has completed, then further decline to 76.00 could be seen. Key resistance is at 79.65, only break above...
The USD/JPY pair spiked during the Thursday session as the “risk on” trade came into play. The 70.75 level has given way; we think that this pair could continue higher. In fact, overall we think that the...
The Dollar Index is currently trading flat at the critical support of 81.00 after the Greenback depreciated yesterday across the board especially against the Aussie. The short-term trend is still range bound between 81.00 and 82.10 with...
USD/JPY fell during the session on Wednesday, but bounced yet again in order to form a hammer within our well defined support zone. This hammer suggest that perhaps we will get a little bit of a lift...
The Dollar Index is currently trading flat at the critical support of 81.00; most of the FX pairs are trading flat since the Asian session with focus shifting to the ECB interest rate decision and its policies.
The USD/JPY pair rose during the Tuesday session after forming a hammer on Monday, in order to show that it is still trying to build a base. The 78 handle below looks to be a bit of...
The Dollar Index after finding support at 81.00 ranges is currently trading at 81.49 resulting in long liquidation in most of the asset classes especially the benchmark equity index of the Dow Industrials and Nymex Crude. The...
