USD/JPY continued its back and forth trading between the 76 and 77.50 areas on Thursday. The pair is stuck in this range, and has been very good to scalpers who have absolutely cleaned up in this tight...
The speech of Bernanke inspired the markets. The Euro showed moderate growth.
USD/JPY continues to bounce around in a very tight range as traders can only scalp it at this point. Wednesday was no different, and we still continue to think that buying this pair at the 76 handle...
Asian and European trading sessions:
The Dollar Index succumbed to profit booking 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.Key equity index of the Dow Jones Industrials (DJIA) is...
In the world of Forex, the Japanese Yen is probably one of the “safest” currencies out there to buy. On Monday, we have seen another round of Yen buying as traders are selling off any type of...
Continued weakness in the equities world over led to safe haven bet on the USD which resulted in the Dollar Index appreciating beyond 79.00+ ranges. Historic resistance zone is seen in the ranges of 79.20 to 80.20...
Market review for 26 – 30. 09, 2011 Europe and its debt problems were keeping everyone under pressure last trading week. The
Weaker asset classes has lead to run on USD which resulted in the Dollar Index appreciating to 79.00+ ranges. Historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges.Key equity index of...
The pair continues to consolidate on top of the key 76,00 level but we are starting to see the bounce building up.
