Non eventful day contributed to dull trading in most of the FX Pairs. The Dollar Index is trading flat at 79.55 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the...
EUR-USD Weekly chart Last Weekly review The price has broken the 1.2580 resistance level in addition to the upper lip of the descending price channel (red broken lines), the price has done that with a significant green...
Market review for 17 – 21.09.2012
The skirmish between the ComDolls has the Canadian dollar gaining the upper hand over its Australian counterpart. An extension of late Friday’s bearish streak is seen to pick up today, as the currency pair feels the selloff...
The Euro lost to the Great British pound in the previous European trading session despite speculations that Spain is coming up with new economic reforms that bring it closer to making a formal request for rescue funds...
The euro saw mild gains against most of its main currency rivals on Friday, as hopes that Spain will soon seek a bailout from the ECB boosted risk appetite with investors. Still, a lack of significant economic...
The Dollar Index is trading firm at 79.60 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the Dollar Index consistently trading below 78.00 ranges.
USDCAD remains in downtrend from 1.0445, the rise from 0.9632 is treated as consolidation of the downtrend. Range trading between 0.9632 and 0.9900 would likely be seen over the next several days. Downtrend could be expected to...
USDCHF remains in downtrend from 0.9971, the rise from 0.9239 is treated as consolidation of the downtrend. Range trading between 0.9239 and 0.9500 would likely be seen over the next several days. The downtrend could be expected...
Being contained by the resistance of the downward trend line from 80.61 to 79.65, USDJPY pulled back from 79.21. However, another rise to test the trend line resistance would likely be seen, a clear break above the...
