Forex
Eur/usd is still consolidating. The direction is still unknown yet though it is likely to be bearish. Eur/jpy dropped for the week. We are uncertain on its direction as its showing conflicting signals. JPY crosses went down for the week. Aud/usd is looking bearish, when it breaks, more will short as it has been consolidating for quite a long time.
Gbp/usd is looking bullish. It just hit a first resistance. So we will see if it goes further on.
Eur/Gbp is moving bearish also. A good short if you think EUR is weaker than GBP.
US Stocks
Dow Jones Index still consolidating.
Is it good time to short Pharmaceutical stocks? There have been many gap down openings for Pharmaceutical stocks after impressive rallies.
Singapore Stocks
Breakout for Capitaland. Further rally?
Genting has a strong rally.
No comments:
Post a Comment