Thursday, December 18, 2014

Forex & Stock Market Volatility Persist




'SEASON'S GREETINGS TO ALL & HAPPY NEW YEAR 2015!'

Forex & Stock Market Volatility Persist

Indeed #DJIA and the #DXY uptrend resumed after touching 88.83 support levels and recovered with much vigor after taking cue from a dovish Fed. Impeccable timing, where both technical & fundamental co-exist with price action. The recent decline nearest to the price call on the Dow with a low @17067.69 was a close-comfort to call for a resumption of an upturn. However, bulls were eager enough to push momentum, volumes and price action swinging back higher after the Fed's report to its current price levels @17775.50 to this writing.

The level of investors market shift & liquidity in the Stocks have been increasing as evidenced on the increase in volume activity after each corrective decline plus a follow through in momentum since the turn around took place nearest the 17000 support levels.

Forex & Stock Market Volatility Persist

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