USDJPY daily and weekly charts remain bullish.
Archive for April, 2010
GBP/EUR cross – daily and weekly charts remain bullish.
USD strength on weekly and monthly chart continues to exert it’s influence and the dollar rally is overdue.
That DOW key level at 11,250/300 is very strong resistance.
USD index daily chart gives mild bullish signals and weekly chart remains bullish – warning of further USD rally and EURO weakness this year.
Previously overextended DOW/SP500 daily chart now gives moderate bearish signals.
DOW daily chart enclosed, showing possible megaphone topping pattern which may be confirmed next week. When confirmed, it’s bearish.