Mixed day for Yen pairs but huge rally in US stocks
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Note, I am traveling this week, so my post may be late or not at all
Happy Trading
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Nice follow-through for stocks but have we really seen a bottom or is this just a dead cat bounce
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Wow! I have the internet. Real quickly before they pull the plug. Yen pairs today did what stocks did yesterday
There is just no stopping USDJPY
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Another nice day for stocks ( Bitcoin too) but has anything really changed? This still looks like a stepping pattern down
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Markets move higher, Risk-On currencies lead FOREX
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Big week for the Risk-on trade, Stocks, AUD, and NZD lead the way
Sadly, these markets like war
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Looking at the long term trend on the weekly, all three US major indexes tell the same story, We had a three month pull back and now it looks like we had our October bottom and new early highs are coming. I will be watching for 4600 on the S&P, lets see how the market reacts to that level.
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Great week for AUD and NZD
AUDCAD is in the spot light, are we just seeing a short term counter trend rally or has the 9 month down trend really been broken?
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It would be interesting if just one time you could publish the figures that you are using as the USD is standing up so much better on your sheet than mine, and wondering why that could be, thanks, see below.
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who are you talking to, I have USD as being very weak here. In normal market conditions (what’s normal anymore) We should have a weak USD and JPY during a stock market rally. and that is what we have. CAD is a bit of an outlier but that is mostly due to a dip in oil prices
This might be the most normal priced market we have seen in some time
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Sorry, my oops, I was looking too far back at the posts, the Nov. 2 rating, where USD was still at #3 strong.
Now upon further examination, I see that we are nearly in agreement across the board, thanks for the wake-up call.
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We had a near-flat stock market today and currencies were not much better. but after last week a little rest is in order
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The DOW has broken its downtrend and now both NASDAQ and S&P are trying to do the same, could we really have a Santa rally this year?
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Stocks flat today but oil continues to drop, this is a welcome trend as I prepare for a trip next week
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Looks like we shuffled the deck with only EUR holding the same rank from yesterday, and now all the European currencies are on top, once the USD drops down to 7th ( likely tomorrow) we will have a market in sync
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