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?

No comments:

Post a Comment