Tag Archives: Pelaburan

The DAX bounce so far is in the middle of the recent decline, and how things play out shortly should give us a better idea of where it could be heading over the near-term.

The combination of current sentiment and recent changes gives us a further mixed USDJPY trading bias.

US stocks opened the week with a bang, further recovering from last week’s slump. But the Dow remains a bit more subdued than the S&P 500 which is trading at fresh two-month highs.

After tweeting that OPEC was artificially creating higher prices, the US government is said to have requested a boost of nearly 1 million barrels per day sending prices lower.

The Australian Dollar still looks to be locked in a down trend against its US counterpart after an attempted breakout fizzled out.

The Japanese Yen is under some pressure against the US Dollar and other developed market units. For the moment uptrends against it look worth playing.