U.S Dollar resumes bear trend on the event of key equity index (.DJIA) stabilizing at 12100 ranges. The Common Currency appreciated by more than 120 pips; the Cable appreciated by more than 60 pips; and the Aussie...
AUD/USD continues to show its resilience as it sold off hard today, only to rise in the end. The day still formed a bearish candle, although it was fairly hammer-shaped. Because of this, it looks like the...
U.S Dollar bounces from the all time low of 74.825 (DXM11) made on April 15, 2011. The Dow Jones Industrials (DJIA) fell from the historic resistance zone of 12400 ranges, resulting in correction in Euro, the Aussie...
Last week, Wall Street ended mixed tendencies to close slightly higher after President Obama delivered his plan for reducing the deficit by $4 trillion over 12 years, and as the Federal Reserve’s beige book. It seems that...
The U.S Dollar depreciated to all time low of 74.825 despite the Michigan Sentiment rising month-on-month. The Euro is expected to take resistance at the historical resistance zone of 1.4500-1.4550 ranges; Swiss Franc is expected to further...
AUDUSD remains in uptrend from 0.9704. The price action from 1.0581 is likely minor consolidation of uptrend. Support is at 1.0380, followed by 1.0280, as long as these levels hold, we’d expect uptrend to resume, and another...
The U.S Dollar depreciated against the Common Currency and the Cable after disappointing economic data. The Euro is expected to take resistance at the historical resistance zone of 1.4500-1.4550 ranges; Swiss Franc is expected to further appreciate...
Greece announced of the necessity to write off part of its debt
U.S Dollar traded flat yesterday against the Common Currency, the Cable and the Aussie Dollar. The Swiss Franc continued strengthening against the Greenback, hitting all time high of 0.8900 made on March 16, 2011.The Dollar Index (DX)...
The risk level of NPP Fukushima was increased to its maximal point