The pair continues its pullback after an important breakout of a long term ascending trendline. The market is now meeting a strong resistance with the daily 20 descending moving average which reminds us that the short term...
The AUD/USD pair fell on Wednesday as traders still struggle to break above the 1.05 level for any significant amount of time. The pair seems to be still reeling from the recent drop, and it appears that...
Willingness to take risks increased today.
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
The pair continues to be well bid as it seems to have found some good support on top of the 200 moving average.
The yen and franc retreated on fears of intervention of Japan and Switzerland
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
The pair continues to be well bid s it seems to have found some good support on top of the 200 moving average and the 1,03 level.
The Dollar Index again took support at 73.50-74.00 ranges, which happens to be very important support; most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from...
The AUD/USD initially rose on Friday, but was pushed back at the 1.05 level as trader began to sell off everything risk related again. The pair now sits a little bit above the 1.03 area, which could...
