The Dollar Index (DXM11) is nearing critical support of 73.40, currently it is trading at 73.67; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result in further weakness...
Euro reaches a monthly maximum against the greenback. Asian and European trading sessions:
The Dollar Index (DXM11) lost more than a percentage during last week; yesterday it traded flat and mild short covering was witnessed after the Dollar Index neared critical support of 73.40 ranges. DXM11 may trade sideways with...
USDCHF continued its downward movement from 0.9774, and the fall extended to as low as 0.8330. Resistance is at the downtrend line from 0.9774 to 0.9339, as long as the trend line resistance holds, downtrend could be...
Short covering was witnessed in the Dollar Index (DXM11) on the event of the key equity index of Dow Jones Industrials (DJIA) continuing the fall of Wednesday, June 01, 2011. Critical support for the Dollar Index is...
U.S. stocks dropped on Wednesday, as Wall Street scaled back its economic growth outlook following another round of dour data. The Dow Jones Industrial Average fell 279.65 points to 12,290.14. The Standard & Poor’s 500 Index declined...
Weaker than expected employment numbers resulted in deep correction in the equity bourses, especially the Dow Jones Industrials (DJIA) resulting in short covering in the Dollar Index (DXM11).
Euro reaches 3-month maximum against the greenback.
The Dollar Index (DXM11) slipped below critical support of 75.00 ranges to trade currently at 74.48; weekly close below 73.40 would result is long-term bearishness in the Dollar reinitiating; consistent close below 74.00 would also increase our...
Greetings. Let’s take a look at the USD/CHF hourly chart. Looking in the longer term, we may have seen a potential turning point that will stick with the low from late May. Now, look for a potential...
