The Dollar Index (DXM11) after taking support at 73.50 recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support and 75.00 acting as resistance only weekly close...
Market review for 6 – 10.06, 2011
The Dollar Index (DXM11) after taking support at 73.50 ranges, recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result...
USDJPY is now facing the 79.58 support, a breakdown below this level will confirm that the downtrend from 85.51 has resumed, then next target would 78.00 area. On the upside, as long as 79.58 level holds, the...
The Dollar Index (DXM11) has taken critical support from 73.40 ranges and can trade sideways facing resistance at 74.80-74.90 ranges. For key equity index – Dow Jones Industrials (DJIA), 11600-11700 ranges is expected to act as final...
American shares on Thursday rebounded from Wall Street’s longest losing stretch this year, after a narrowing of the U.S. trade gap offered hope the recovery might not be as weak as thought. The government also reported a...
Demand for the save-heaven assets grows. Asian and European trading sessions:
Stocks broke down a little further today, and given the slowing of its decent we should be poised for a bounce into Friday. We had energy inventory data released today which was fairly bullish, but the main...
Euro continues to be supported by a number of factors.
The Dollar Index (DXM11) is nearing critical support of 73.40, currently it is trading at 73.67; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result in further weakness...
