Staying the course on Effective Analysis: With a full round of news reports and data coming out for the week, we would maintain our current course and analysis of the market. Making certain that we would be adapting to any sudden change in market conditions favorable or not with our exposure in the market.
Strategies pertaining to the US Dollar has been confined within its HI/LO range which we have previously defined open to directional price movements in both directions. It has been in an up & down daily pattern on prices between the 81.02 High and the 80.05/10 first line of support since then. The USD has now outlived both major events with the ECB and the BoE, for now the FOMC would weigh in the market by this week. Of course, CPI on both the UK and US followed by the BoE minutes and the Swiss National bank rate decision on top of the NZD GDP figures would be added to the mix of the highlights and market volatility across the board. Click to continue
Update:
SYMBOL CHG % CHG
S&P 500 1,940.46 +12.58 +0.65%
DJI 16,921.46 +14.84 +0.09%
DDM 121.04 +0.25 +0.21%
DIA 169.09 +0.16 +0.09%
FB 64.341 -1.25 -1.92%
GOOG 554.90 +1.53 +0.28%
SBUX 77.23 +1.67 +2.21%
TWTR 38.90 +0.16 +0.41%
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