The Weekly Review: Rise of USD

USD continues to gain strength while the rest of the currencies falters. EUR/USD went down again after much rise while AUD/USD continues with its impressive fall. JPY crosses seem to be moving upwards while it bounces on support.

US Stocks

Dow Jones Index on the lines between rising and falling.

Catching pretty good profits if you were short and then long for Microsoft.

Singapore Stocks

Will STI continue or is another wave of fresh shorting coming?

Commodities

Gold's fall is as impressive as its rise as it has actually fallen from its high of $1900 to $1200. If you were to short gold on its high, you would have made a handsome profit. Too bad for the one who rushed to buy gold at $1400. Right now it has reached a support. So will it bounce back up? Time will tell.

The Weekly Review: USD Gains Strength

This week ended with the EUR/USD in a long fall while EUR/JPY kept strength. The AUD/USD continues its fall this week, probably falling further.

USD/JPY gained huge strength this week after Ben Bernanke's talk on tapering off Bond purchases. Currently it hits its resistance so will it break up and continue its rally now that interest rates are set to rise soon?

US Stocks

Dow Jones Index reached its another support.

Apple did not manage to gain strength and continues down.

Singapore Stocks

Seems like Singapore stocks still continues with its second wave of selling. Or is it the last wave?

STI recovered strength on Friday. Covering shorts?

REITS continued its selling.

Commodities

Gold continued its fall further as USD gained strength and investors bailed out.

The Weekly Review: Is There A Bottom?

EUR/USD continued to show strength in the week as USD weakens. The rising Yen continues to push JPY crosses down. Currently EUR/JPY has reached its first support. Will see next week if it bounces or not. AUD/USD is struggling at support, waiting for the breakout of its last major support. If it breaks down, then you are in for cheaper AUD.

US Stocks

The Dow Jones Index still hanging on to support.

Singapore Stocks

The Straits Times Index bounced on its support as short sellers took profits on Thursday and buying started on Friday. So retailers, to buy now or to wait? You decide.

Commodities

Gold is currently in a volatile consolidation if you are trading it. The biggest movement has yet to come. Death of gold?

The Weekly Review: Another Crazy Week

EUR/USD continued the upward bounce from last week due to the fall of the dollar. EUR/JPY had a slight weakness and fell but recovered on reaching its support. AUD/USD remained weak.

USD/JPY had a long fall due to weaking dollar and rising Yen for that week. It has currently bounced off a support on Friday after the NFP report as many traders took to take profit or was caught in a squeeze.

US Stocks

Dow Jones Index bounced off sharply after reaching support and also on Friday's NFP report.

Apple is going to unveil its new products soon in the upcoming WWDC. How will it stock react?

Hong Kong Stocks

Became interested in Hang Seng Index recently because of its potential big profits when you are trading long term in it despite its volatility. Hang Seng ended down for the week. Futures from Friday night indicated a slight bounce. So it might open up on Monday.

Singapore Stocks

Properties like Kepland continues to slide in the week.

REITS holders, are you panicking?

Wilmar isn't spared from the fall too. Broke past its support.

Commodities

Gold is still bouncing around as it failed to move any higher. If it breaks further, then it will be a long way down to cheaper gold.

The Weekly Review: Start of the Correction or Crash?

AUD/USD continues its weakness but slowing down on reaching support. EUR/USD bounced from its bearish state and reverses upwards as USD continues to weaken. EUR/JPY slowly moving down as JPY gains strength.

JPY crosses are slowly moving down as the JPY strengthens up. Will see more movement down from JPY crosses especially from USD/JPY and AUD/JPY.

US Stocks

Stocks are pushing down on the Friday. Notice there was a double top.

Totally missed out this great short. Weeks of bulls wiped out within 3 days.

Singapore Stocks

This reminded me of my previous post on the "The REITS Bubble". Panic sell in just a week.

Dividend stocks like StarHub are taking huge hits.