Yes, Friday is a major fundamental day, and tradionally volume is low or weak before the release, but this is different. Yes the Sterling and Euro had bull move today earlier in the USD market time, but it's bearing fast.... Bottom line, Sterling has HIGH volume new coming out this morning, and the Euro also, if it's bad, bear is winning, (Greenback) hell it's winning now... Dow will fall.
So what do we have, if the Sterling can't stay above1.5433, dollar strength too 1.5377 maybe as low as 1.5289.... Euro is in a better condition but not by much, needs too stay above 1.3276 if not 1.3191- 1.3056 it will fall... It's looking like Greenback strength technically, but we have fundamental factors in a few hours...
Remember, trade with the trend, or stay on the sidelines...http://www.speedtrader24.com/
Thank you for your time and have a great day..
No comments:
Post a Comment