AUDUSD’s downtrend from 1.0751 extended to as low as 0.9963. Further fall could be expected next week, and next target would be at 0.9700. Resistance levels are at 1.0200 and 1.0300, as long as these levels holds,...
The AUD/USD pair broke below the parity level on Thursday, and continued its bearish tone overall. The 0.99 level below should be somewhat supportive, and if that area gives way – this pair should fall much, much...
Correction in most of the asset classes coupled with uncertainty in the Euro zone is resulting in stronger Dollar. Short-term trend is range between 78.80 and 76.40 where as the medium-term trend is range bound between 81.20...
The pound was pressured by the UK labor market report.
Dollar index continued recovery from the short-term support of 76.70; which resulted in profit taking in most of the asset classes. Short-term trend is range between 78.80 and 76.40 where as the medium-term trend is range bound...
The Euro continues its downtrend. The U.S. economic stats contributed to the increase of U.S. Dollar.
The AUD/USD pair fell on Tuesday, but bounced at the end of the session to form a hammer. The bullish candle looks as if it is reiterating the support at the 1.01 level. The pair has been...
U.S. Dollar advances against the major currencies.
Market review for 7 – 11.11, 2011
AUD/USD fell on the Monday session as risk assets sold off around the globe. The pair is highly sensitive to this kind of fear, and sold hard as a result. The parity level below looks very supportive,...
