Dollar index continued recovery from the short-term support of 76.70; which resulted in profit taking in most of the asset classes. Short-term trend is range between 78.80 and 76.40 where as the medium-term trend is range bound...
Greetings. Let’s take a look at the USD/JPY chart. We’re seeing a down movement but it looks like the pair may be getting ready for a potential upward turn. Look for the pair to potentially test the...
The Euro continues its downtrend. The U.S. economic stats contributed to the increase of U.S. Dollar.
USD/JPY initially spiked during the Asian session on Tuesday, only to spend the rest of the day falling. The downtrend remains intact as usual, and the selling should continue. However, we are getting to retrace about 50%...
U.S. Dollar advances against the major currencies.
Market review for 7 – 11.11, 2011
The USD/JPY fell during the session on Monday, but managed a bounce late in the session to form a hammer at the 77 handle. Because of this, it looks like it may want to bounce, and a...
Dollar index recovers from the short-term support of 76.70, resulting in profit taking in most of the asset classes. Short-term trend is range between 77.80 and 76.40 where as the medium-term trend is range bound between 78.90...
The Dollar Index again corrects from 78.00 ranges, resulting in appreciation of most of the asset classes especially the key equity index of the Dow Industrials (DJIA). Medium-term trend is range between 77.80 and 76.40. Immediate resistance...
The USD/JPY pair fell during the session as the Dollar got sold off against almost all currencies. The recent intervention in this pair has already been retraced by half, and we think that the unilateral nature of...
