Saturday, May 4, 2013

The Weekly Review: 29 April - 3 May

Forex

The week has still ended volatile and flat as JPY crosses had a big down and then a big up. EUR/USD has not made any direction at all as it is still struggling with a resistance. Same for AUD/USD who is on support.

GBP/USD might be continuing upwards for next week.

US stocks

Dow Jones Index has made a new high hitting 15,000 after results from Non-farm employment. Is it the top?

Is Wells Fargo ready for turn down?

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