DOW JONES & USD Dominates Year End 2014

The DOW JONES (DJIA) & US DOLLAR still dominates the market as the year end celebration starts to kick-in; and this is in spite of the daily corrective moves. Exceptional Times Indeed!

Daily declining volumes due to year-end liquidation can be seen while position adjustments are being maintained by Institutional & Non-commercial including professionals investors would carry through some longer term positions as reflected with a steady Open Interest on both markets. Thus a higher degree of liquidity and investors funds have shifted more towards these markets as compared to a dwindling liquidity in the other financial markets such as the foreign exchange.  

HAPPY NEW YEAR TO ALL!

ONLY THE BEST FOR YOUR TRADES THIS COMING 2015!

Thank you!

alexander@MEGATRADE101

SPOT USDJPY vs. JY Futures vs. DXY Direction

The recent reports on China's growth falling short of expected targets for 2014 especially its November Industrial profits have declined for the in the past 2 years and the comments made from the Bundesbank President interview that the European economy wasn't as bad as everyone thinks over the holiday week have provided mix signals for the next short trading schedules for the markets before and after the coming New Year celebration.

SPOT USDJPY vs. JYFutures vs. DXY

 

Learn How Volume, Open Interest Influence CCY Market Prices 

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

Stellar Performance: DOW & US Dollar CCY

The stellar performance of the #Dow Jones & #USDollar have been reaffirmed with last Friday's Non-Farm payrolls number bolstering market participants with over 321K; with a total of 2.65 million jobs over the last 11 months, which surpasses the 2.33 million created from the previous year in 2013. This has been the a 10th consecutive home run on the Jobs field; so to speak for the US economy. Giving a green light for the Fed to hike rates at mid-2015.

Although, market driven by fundamental drivers is not new, since the past few months the market has been surrounded and is still is with other geopolitical uncertainty in the European continent where Russian related conflicts still tops the list. While Asia is dominantly seeing the USDJPY surged to as high as 121.68 to this writing and analyst are now more convinced that this rally is not over.

Stellar Performance: DOW

CCY Corner - On Gold & USD Index

Asia & European trading sessions started price action activity with Gold at center stage making a strong price recovery after  declining to1146.68 and a high @1185.10 for the session while currently @1179.75 to this writing. Click to continue

On Gold & USD Index