The U.S Dollar is trading mixed, where as the Greenback is showing resilience against the Cable, the Aussie Dollar and the Common Currency are still trading weaker.The Dollar Index (DXM11) has reached major resistance zone of 76.50;...
Greetings. Let’s take a look at the USD/JPY chart. The overall trend is bearish, however, it looks like we’re in a short-term retracement. Look for the pair to potentially retrace to the 82.50 level and above.
Greenback is strengthening against all competitors.
The Dollar Index (DXM11) reached major resistance zone of 76.50; Weekly close above 76.50 would post short-term bottom. On the lower side, 74.40 is expected to act as critical support for Dollar Index (DXM11), only weekly close...
Market review for 16 – 20. 05, 2011
We’re getting ready for another interesting week ahead. Many analysts are predicting the commodity rebound will continue to the end of the month. We on the other hand, believe the impressive bullish run of 2010 and early...
The Greenback strengthens across the board; U.S Dollar gained most against the Euro where as remained flat against the Aussie Dollar and the Cable; 74.40 is expected to act as critical support for Dollar Index (DXM11), only...
USDJPY had formed a cycle bottom at 79.58 on daily chart. Further rally is still possible next week, and target would be at 83.00 area. Support is now at 81.00, only break below this level could trigger...
U.S. stocks ended with mild gains Thursday, putting two major indexes in positive territory for the week, as sentiment improved on the heels of a lower claims for jobless benefits and decent quarterly results in the retail...
The U.S Dollar looses against the Euro for third consecutive day; unable to trade beyond 76.50 the Dollar Index (DX) June basis, succumbed to profit taking at 76.10 ranges to trade currently at 75.23; 74.40 is expected...
