The AUD/USD pair had a relatively bullish session on Monday as the “risk on” trade came back into vogue as the austerity vote passed in Athens. The trading community will have felt it a good thing, and...
The US Dollar Index is approaching critical support of 78.20, DXH2 may become sideways between 79.80 and 78.20. Though the major trend is bearish, 78.20 may act as important support.Dow Jones Industrials is trading at the last...
Market review for 06 – 10.02, 2012
With the US Dollar Index is approaching critical support of 78.20, DXH2 may become sideways between 79.40 and 78.20. Dow Jones Industrials is trading at the last year highs of 12900 ranges; DJIA Vs DX correlation suggests...
AUD/USD fell on Friday as the concerns out of Europe came back into the forefront again. The pair is very sensitive to risk, and the fall should have been expected. Also, the shooting star at the 1.08...
AUDUSD’s uptrend from 0.9861 extended to as high as 1.0844, the subsequent pullback is treated as consolidation of the uptrend. Key support is at 1.0525, as long as this level holds, one more rise to 1.0900-1.1000 area...
The AUD/USD pair had a fairly quiet session on Thursday, but is struggling at the 1.08 resistance area. The Aussie has enjoyed a massive rally lately, and the pair simply needs to rest as the bullishness will...
The market participants were expected the resolution of Greece problem.
AUD/USD rose for most of the session on Wednesday, but pulled back to form a shooting star. The fact that this happened at the 1.08 level is very interesting as it was seen as a “barrier” of...
The US Dollar Index is approaching critical support of 78.20 and the key equity index of the Dow Jones Industrials is trading at the last year highs of 12900 ranges; DJIA Vs DX correlation suggests a word...
