The Dollar Index is trading firm at 79.40 after finding support at 78.10 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading sideways...
The AUD/USD pair fell during the Friday session as the risk assets around the world fell. The commodities markets fell, and this always tends to pull the Aussie down. The 1.08 level held true again, and it...
AUDUSD moved sideways in a range between 1.0596 and 1.0844. Key support is at 1.0596, as long as this level holds, the price action in the range is treated as consolidation of the uptrend from 0.9663, one...
AUD/USD rose during the session on Thursday to test the 1.08 level again. The move has recaptured much of the Wednesday losses, and looks to be a build of pressure on the resistance level.
The Dollar Index has found support at 78.10 ranges to currently trade at 78.90 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading...
Technical analysis for 1/03
The AUD/USD pair initially rose well above the 1.08 level on Wednesday as the flag we have been watching got violated. However, by the end of the session, these gains were lost and more, to form a...
The European Central Bank allocated 500 billion euro for the European banks. Asian and European trading sessions:
AUD/USD fell initially during the Tuesday session, but managed a comeback as the end of the day drew near. The resulting candle is a hammer, and it is currently pressing against the top of a bullish flag,...
With the Dollar Index consistently trading below 78.40 mark, further fall to 77.20 may be expected on daily close below 78.10 ranges.Historic correlation between DX Vs DJIA is signifying USD bearishness in long-term. Dow consistently trading above...
