Euro - US Dollar (EUR/USD) broke over 1.3452 very smoothly and went as high as 1.3568 before falling in a sideways range and closing for the week at 1.3525.
Unemployment Claims were solid, and housing and manufacturing releases looked sharp as well. In the UK, Retail Sales was a disappointment late in the week, posting a sharp decline.
GBP/USD graph with support and resistance lines on it.
the fundamentals suggest oil prices should decline again in the near future, even though the tensions in the Middle East will keep oil prices elevated.
According to AAPL's movement yesterday,we can see
that the price back to sensitive level around 460.
From the chart, a huge gap killed lots traders who
purchased at high price. A clear put signal there,
at least today will end at negative line.
Today,Dow may test MA55 at 15218.64 Stochastic has shown a short adjustment.On the news of its Dow admittance, GS shares rallied a hefty 3.5%, a surprisingly large move consider that very little money is indexed to the Dow compared with the S&P 500.
S&P is breaking above the short term resistance at 1660-65 and is heading towards 1680. Are bulls clear of the danger or is this another fake break out like the one in June?
The price is buliding bottom.and try to test previous resistance at point A,point C level. If fail again, it will be declined ,and strong support at 0.9183
