Friday ended with some big movements. EUR/USD seems to have touched its weekly resistance while EUR/JPY had some pullback. On the weekly, EUR/JPY seems to have another potential of moving further up. AUD/USD will probably still in a limbo. We will see how will they unfold in the coming weeks.
US Stocks
Dow Jones Index continues its rally.
Singapore Stocks
Potential further upside for Kepland?
Mapletree Logistics is still rallying at a crazy rate.
Commodities
What made Friday the hottest topic that every trader was talking about was the price of gold. Gold was hovering on its support till probably some big bank sold big amounts of gold causing the breakout of its strong support. Gold might rebound and test it's new resistance. If it fails to break up, then I guess gold value will continue to fall and normalize, in the worst case senario at $1000.
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