Concerns and expectations for the European Summit. Asian and European trading session: Euro: Euro started the week by showing losses against major currencies on concerns about the fact that European leaders were unable to agree on measures...
Quite trading session was witnessed in the FX market where in the USD remained flat by the end of New York close. It seems that the all the eyes are Euro Zone debt crisis and the US...
AUD/USD fell on Monday as the markets around the world fell and risk was shunned. The latter hours of the day saw buyers coming into the pair to support it, just as they have for quite some...
We continue to see additional pressure on this pair going forward after a new fail on top of the daily range from last week.
New wave of concerns over the possible debt crises of Italy and Ireland overwhelmed the market
The US Dollar traded mixed against most of the majors, wherein it continued appreciating against the Aussie Dollar and traded flat against other majors of the Euro, the Cable and the Japanese YenKey equity index, Dow Jones...
The pair is now back under pressure after a new fail at the top of its range (1,08). Considering the latest price actions, we now expect a new test of 1,05 with a possible extension towards 1,0450...
AUDUSD’s rise extended to as high as 1.0798. Further rise towards 1.1011 previous high is still possible after a minor consolidation, a break above this level will target 1.2000 area. Key support is at 1.0525, only break...
The AUD/USD pair fell today, and the 1.08 level has held as resistance. Although this is bearish action, the trend is very clearly up against the Dollar, and we feel that the trend will continue. We like...
The pair is now back under pressure after a new fail at the top of its range (1,08). Considering the latest price actions, we will consider a new test of 1,05 with a possible extension towards 1,0450...
