CCY Market Relatively Quiet with a few Exceptions
Asian markets opening have reflected modest declines with the Nikkei 225 slightly below the 20k mark from its recent surge above those levels. Not enough pressure to force a massive sell-off. With the #USDJPY steady between the 111.00 - 109.00 range levels for now. Check comparative outlook on NK225 & USDJPY
Asian markets opening have reflected modest declines with the Nikkei 225 slightly below the 20k mark from its recent surge above those levels. Not enough pressure to force a massive sell-off. With the #USDJPY steady between the 111.00 - 109.00 range levels for now. Check comparative outlook on NK225 & USDJPY
The same manner where we find a range bound market for the #EURO with a range @1.1280 HI - @1.1150 LO; contrary with #CABLE making its abrupt low @1.2635 after the UK election. In light of such price movements in the Nasdaq and the European majors, investors are now partially shifting sentiments while playing it safe to cash-in whatever they have made. Although not all are convinced with a few exceptions from industry players re-emerging a market decline is in the making.
With barely two weeks into the end of the 2nd quarter, the first bear signal came last Friday ahead of the market place. A reasonable and moderate pullback would be good as this would provide 'LIQUIDITY TRADES' to emerge back and spread out into other markets. Thus, this is where having access to the 'FUTURES' market as a strategic / defensive play is used and would find tactical investors shifting market strategies before another unforeseen market price action from over-crowding stocks takes place.
With barely two weeks into the end of the 2nd quarter, the first bear signal came last Friday ahead of the market place. A reasonable and moderate pullback would be good as this would provide 'LIQUIDITY TRADES' to emerge back and spread out into other markets. Thus, this is where having access to the 'FUTURES' market as a strategic / defensive play is used and would find tactical investors shifting market strategies before another unforeseen market price action from over-crowding stocks takes place.
It is NOT the COMPLEXITY of trading tools, but a simple RATIONAL approach to IDENTIFY where the RIGHT SIDE of the Market would be at that delivers EXCEPTIONAL trade results through comparative analysis" ......Sir Alexander
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