AUDJPY – Can Aussie Dollar Overcome The 80.00 Resistance?

AUDJPY – Can Aussie Dollar Overcome The 80.00 Resistance? Key Highlights The Aussie dollar is currently trading in range against the Japanese yen, and facing monster resistance near 80.00. The hourly chart of the AUDJPY pair clearly shows how important is the 80.00 resistance. A break and close above the stated resistance may call for more gains in the near term. ...
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EURUSD – Euro Show of Strength Continues Vs Dollar

EURUSD – Euro Show of Strength Continues Vs Dollar Key Highlights             Euro continued to gain traction, as the US Dollar tumbled against most major currencies. There was a resistance trend line formed on the hourly chart of the EURUSD pair, which was broken during the upside move. Today, the Euro Zone Manufacturing Purchasing Managers Index (PMI) ...
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AUDUSD – Can Aussie Dollar Bulls Make It?

AUDUSD – Can Aussie Dollar Bulls Make It? Key Highlights             Aussie Dollar managed to trade higher against the US Dollar, but facing a major resistance near 0.7700-20. There is an ascending channel pattern formed on the hourly chart, which can be seen as a catalyst for the next move. Earlier today, the Australian AiG performance of the Mfg Index ...
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