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?

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.

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.

The Weekly Review

Forex market is pretty jumpy and volatile. It is pretty difficult to ascertain a clear direction. The Euro is currently looking weak. Aud/usd staged a strong rebound but will it continue it's fall?

US Stocks

The Dow Jones Index fell and rebounded, still in its consolidation range.

Alcoa had a really bad fall after failing to break out of the high.

Singapore Stocks

Is Genting SP ready to be buying again?

Ascendasreit looking for a good short.

Gold: End of its shine?

Gold has been enjoying a really good rally for the past few years as currencies weaken, countries such as China and India started accumulating gold. As for the people, gold is a metal that has a good value to it. After reaching its peak of above $1900, gold value started to decline as funds started selling and diversify them into stocks. Let's take a look at the charts.

This is a daily chart of gold as of 18 Feb. as you can see gold had broke up and then started to wane again as the USD, Euro gained strength.

This is a monthly chart of gold. Once the breach of support level, it is highly likely selling will be continuous.