The Euro boosted on rumors of early agreement between Greece authorities and
AUD/USD rose again for the Tuesday session, and even managed to crack the 1.08 handle in turn. The pair has been very bullish lately, and the RBA holding on rates on Tuesday gave the Aussie a boost....
The US Dollar continues down trend after trading sideways for couple of trading sessions on the event of stronger asset classes especially the benchmark equity index of the Dow Industrials. Though DJIA is entering supply zone of...
The expectations of possible default in Greece are growing.
AUD/USD fell initially in Monday trading, only to bounce in the later hours as the Americans bid it back up. The “risk off” trade dominated most of the session, and as a result the Aussie got hit...
The Dollar Index is expected to trade sideways with 78.20 acting as key support and 79.90 acting as key resistance. Dow Industrials entering supply zone of previous year highs of 12900 ranges, which may result in the...
Market review for 30.01 – 3.02, 2012
The Dollar Index is finding support the short-term support of 78.20 on the event of the key equity index of the Dow Industrials reaching supply zone of previous year highs of 12900 ranges. DXH2 may trade sideways...
AUD/USD rose again for the Friday session as the Non-Farm Payroll number came in much better than anticipated. This boosts the confidence of the markets, and “riskier assets” are suddenly much more attractive as the confidence will...
AUDUSD’s upward movement from 0.9861 extends to as high as 1.0793. Further rise is still possible next week, and next target would be at 1.0900 area. Support is at 1.0600, only a breakdown below this level could...