The Weekly Review

The EUR/USD has been tumbling down for the week. There was a rebound of price within the channel but things has been looking so grim that market decided to take it down further, therefore breaking into bearish mode. I currently it is still uncertain for EUR/USD as if you look into the weekly timeframe, it is in consolidation mode. On the other hand, EUR/JPY is looking bearish judging from the rejection of price. But it seems to be supported and might move up next week. AUD/USD continues to be unpredictable but looks to go bullish as USD is set to drop next week. USD/JPY may drop for a short while.

US stocks remains to be flat/bearish. Tech stocks like Apple, Google, etc remains to be bearish. It is a tablet war out there, iPad mini, Samsung Galaxy Note 10.1,  Google Nexus 7, and now Microsoft is joining the fight with its Windows 8 tablets. It is holding its triumph card: MS Office included for tablets. Clearly aiming out for masses who needs to use MS Office while on the go. Consumers will be be spoiled for choices this Christmas.

Microsoft's Surface Tablet

Singapore stocks remains flat. Noticed that most stocks are beaten down. Even as US had like -100 pts drop, many stocks remain to be flat. Is there nothing to sell anymore? The situation now is weird, and I just read that money are pouring into Hong Kong Market. Funny.

Sometimes I miss out checking certain gems (too many stocks to track!) like Osim. Was out of my radar for quite some time till I decided to revisit and check it out. Too bad it has risen alot now. Check out the growth! BBs were buying massively!