UJ is gaining an enormous strength and will continue this way if Market condition remain as is....
All non-OPEC producers were called upon to help stabilize the market b'cos their role was as critical as the role of OPEC members- and as we all know Oil demand is expanding at enormous healthy rate despite the slower global growth. - Eyeing = 56.1 very soon (within 2weeks) One of the famous oil investors suggest that freezing production or in other words...
USDJPY has been in south range scenario over the most recent couple of months as it struggled with going underneath the equality level ( parity level:) The USDJPY has pushed above trend line resistance just yesterday @ 102.0 level which equals to more bullish possibility. Hang on tight 'cos higher we go!
UJ is still riding south - I am short till 104.174 -
The German economy had a respectable begin to the second quarter however its development pace is prone to moderate over the span of the three months from April to June, the economy service said today. Europe's biggest economy was on a strong development path, the service said in its month to month report, yet the outside environment stayed intense and was just...
EU still going south - Place your SL accordingly - enjoy the ride
German GDP = Positive in the month of May & hit 55.0 Mark - brighter future ahead GER30 We'll see just a little bit of downtrend and the GER30 WILL aim for 104+
Yesterday We noticed so much strength in USD & Euro Seems to be stronger today but dollar don't swear it 'cos JPY is vulnerable
Continuation : UJ did not break the 110. 7 height & took Us short - now the second attempt reversal to break the 110.7 is now cooked & ready for shop from 109.169 - I yelled this morning saying : Let's go back up!! :) FX is so much fun Enjoy!
It's a Fantabulous Friday for UJ - taking it to the next level - here comes 111 ;) (111 will should hit within the next 2 hours. Happy weekend y'all
Oil is good and Dandy :) and this will affect CADJPY - call me crazy - I took a long position from 83.613 and I am not getting out until 84.900 just to be safe;) Enjoy!