rakeshrainafx1e

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#OILY HORROR MONTHLY

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1148 ; 1092

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LONG USDJPY WITH RESITANCE

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Long dollar , preparing for bounce /...

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USD appears boucing from very strong support 107.150 which is v v v strong support

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USDJPY watch dollar claw back : one look at the charts tell you the story

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Dollar as expected has rebounded from weekly support @107.97 expect at least 110 from dollar

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A weak bearish signal is seen on Daily chart ; yahoo has immediate resistance zone denoted by orange color. Price appears dropping , need to wait and watch before it turns full bearsih ; support at 37.79 can be see ;

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spx500 resistance - support play thus far

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spx bounce possible on daily watch 1973 which is a tough resis

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4 REASONS WHY DOLLAR APPEARS STILL BULLISH

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1) Suppy turning into demand 2) bullish signal ie TK Cross on 4 hrly