The euro decreased in the threshold of the voting over the EFSF expansion. Asian and European trading sessions: Euro: The euro traded in the narrow range after the yesterday’s rapid growth against the greenback. The EUR/USD traded...
The Greenback traded dull against most of the FX majors, the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00 ranges are expected to again act important...
USD/JPY sat still again on Tuesday as traders continue to scalp the market at best. The pressure on the pair is significant, but not so much as to press the patience of the Bank of Japan, who...
Euro showed its considerable growth against the greenback.
USD/JPY continued to sit still on Monday as traders play “ping pong” with the 76 – 77 range. The Bank of Japan is currently working against appreciation of the Yen, and the USD/JPY pair is the main...
The Dollar Index continued to correct on the event of stronger asset classes across the globe especially the equities. Though 76.00 ranges are expected to again act important support, 79.80 ranges are expected to act as formidable...
Stronger equity bourses led to profit taking in the Greenback. After the Dollar Index hit resistance zone of 79.80, long liquidation was observed; 76.00 ranges is expected to again act important support. Historic resistance is seen in...
The pair continues to trade flat above the key 76,00 level.
USDJPY moved sideways in a narrow range between 75.96 and 77.85 for several weeks. Key resistance is at 77.85, as long as this level holds, the price action in the range is treated as consolidation of downtrend...
The Dollar Index continued correction after hitting resistance zone of 79.50; historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges. On the lower side 76.00 ranges would act as formidable support...
