Rumours of a Portugal downgrade and the SNB possibly cutting rates to save the Franc with EURCHF at all time lows today. Markets love rumours but the SNB love to surprise.
Crude 240min
Fakeout or breakout?
S&P futures 240min:
Trendline resistance now support.
EURUSD 240min
Zzzzz Merkel says there will be no resolution this summit according to Reuters.
USDJPY 240min
Starting to look more bearish. The massive Dai Ichi IPO flow is expected to put continued downward pressure on this pair through next week even as the repatriation winds down. Needs a clear break below 90.00
EURCHF monthly
Off the chart:
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Nice site. Appreciate the work.
ReplyDeleteThanks I-Man
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