Check at the hourly chart of EURUSD, it touched the upper band of sandwich3.2. Almost first time shows its strength..
No matter in daily or weekly chart of EURUSD, you'll find most of indicators are in their weakest zone..it's hard to find a positive signal to enter your long position. But if we come to hourly chart, the strength it shown became more important and we should take extra note for it. It's highly possible to mean a trend reversal..
For gold, it has touched the double Fibonacci support level. From my personal view, i think that is middle term support level.
USD, gold and oil, they are interacting each other, USD is the leading indicator for gold and oil.
Suggest monitor goldenagri closely since Golden Agri-Resources and Jardine Matheson Holdings will be included in STI in place of Thai Beverage PCL and Yangzijiang Shipbuilding Holdings.
9/12/2008
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2 comments:
martin:
中秋快乐!!
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谢谢李兄,也祝你中秋快乐..
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