The Dollar Index (DXU11) finds stability again in the ranges of 74.00 after it has hit critical support of 73.40 ranges. The US Dollar is trading mixed after President Obama announced a last minute deal to increase...
The USD/JPY fell apart on Friday as the US GDP numbers came out poorly, and the Congress is still failing to come to any kind of consensus as to what to do about the debt limit talks....
The pair has accelerated its decline on friday after the dismal US GDP figure. The market is likely to test its 2011 low at 76,30.
USDJPY is facing 76.40 previous low support, a breakdown below this level will indicate that the long term downtrend from 124.16 (2007 high) has resumed, then another fall towards 70.00 could be seen. Resistance is at 78.00,...
The USD/JPY pair fell again on Thursday, as the markets still fear the results of the debt crisis in the US. The lack of progress is hampering the ability of the Dollar to gain against the Yen...
The pair continues to trade lower after a new fresh low printed overnight below 77,60. We see no sign of a possible reversal yet except maybe the daily and weekly studies being in oversold zone which is...
The Dollar Index (DXU11) finds stability again in the ranges of 74.00 after it has hit critical support of 73.40 ranges. Key equity index of the Dow Jones Industrials (DJIA) is trading near important support of 12300;...
USD/JPY had a hard fall at the beginning of the Wednesday session, but then bounced just as hard as the market rose again. This formed a hammer on the daily chart, and this could be the start...
The pair continues to slide smoothly while establishing below 78,00. We might see a corrective move anytime soon given the oversold studies but we hold a bearish bias until proven otherwise.
The US Dollar bounces back after depreciating for 4-5 trading sessions after the Dollar Index (DXU11) hit critical support of 73.40 ranges. Key equity index of the Dow Jones Industrials (DJIA) is trading near important support of...
