Article Summary:
With the massive Appreciation in the Majors, Gold, and Crude Oil… the U.S. Equities and Indexes Close lower Thursday, as the Asian-Pacific Exchanges pick up on the Momentum. The Aussie and Kiwi are both looking to New Areas of Appreciation,
Article Content:
Greetings, Everyone and Welcome to Friday!
With the massive Appreciation in the Majors, Gold, and Crude Oil… the U.S. Equities and Indexes Close lower Thursday, as the Asian-Pacific Exchanges pick up on the Momentum.
The Aussie and Kiwi are both looking to New Areas of Appreciation, as their Corrective Behaviors have been rather shallow.
The Kiwi comes around to a 7-Month High, and the Aussie rises to It highest new Upleg Level since October of 2008 on the back of Uncertainty in the U.S. concerning Quantitative Easing Measures and massive Outflows out of The States.
Here are the Hourly Views of both Units, so give them a Click for Commentary.
Post-Time is 00:50 GMT.
The Aussie looks ahead to the .8000 Handle… while Kiwi looks to the .6300 Handle as Price sees both Opportunities in the Near-Term.
Since we always deal with The Yen and The Pacific Dollars in the Asian-Pacific Sectors, it is easy to overlook the other relevant and active Units in the Area!
How are they handling the U.S. Dollar Weakness?
Here are the Hourly Views of the Singapore and Hong Kong Dollars… where the Greenback is surely having some Difficulty moving forward!
Let’s check back with these at the 8:00 GMT Blog Update after the Asian Close… immediately after the :Currency Majors Technical Perspective” Report right around 7:00 GMT!
You are Welcome to join Me then!
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