Sunday, March 31, 2013

The Weekly Review

Happy Easter! The Euro has been very weak as it continues its volatile ups and down, but the trend is heading lower based on the weekly chart. So will the EUR head further down? The support will be at around 1.26900, breaking that it should go down further. The Yen seems to be gaining but it is still volatile for JPY crosses. AUD/USD has scored an impressive rally for 3 weeks. The week ending seemed to form a pinbar at resistance. For shortist might take a short for AUD/USD or AUD/JPY.

US Stocks

Dow Jones Index is still in a consolidation. Will "Sell in May and go away" effect take place or another rally is coming?

This stock made me kick myself for not longing after shorting has failed. Really Strong stock.

Singapore Stocks

Wilmar had a sell down in one day. Is that a trick by the bb or it hasn't got a good rally yet?

Saturday, March 23, 2013

The Weekly Review

As usual, Forex is just so funky these days, it is difficult to trade. Eur/usd looks to be going bull again. But it is still under its resistance. Aus/usd is the funkiest as it had a very big bull after a fall. I am looking forward to GBP bull now.

US Stocks

Dow Jones Index is on a consolidation again. Another bull may be coming?

Singapore Stocks

Wilmar is interesting to enter again.

NOL is another which you want to watch.

Saturday, March 2, 2013

The Weekly Review: Volatile Week

It has been a volatile week for the currency markets as there is fierce fight between USD, Euro and JPY. Right now EUR/USD is continues its bearish stance while EUR/JPY has rebounded. AUD/USD is in a very volatile mood.

US Stocks

The Dow Jones Index has been making volatile movement lately, trying to maintain above 14,000 pts.

Amgen made an outstanding rally.

Singapore Stocks


Techcomp seems like a good entry.