With the Solar Eclipses today, while only the stocks markets really forming new high and probably unable to sustain later in the day!
Meanwhile the most obvious effect upon the FX market might lead to the USD/JPY to fall, as the Nikki and JPY inverse relation are still prevailed!
Also the Oil rebound was just cap by the very strong resistance at US$46.5(was quote as US$46, as measured by quoting system)! A break of this resistance certain signified the DOLLAR's retracement should be deepened, thus further rise in EURO and SWF are more likely! BEFORE THAT long position should take short term profit now!!!!
Meanwhile the most obvious effect upon the FX market might lead to the USD/JPY to fall, as the Nikki and JPY inverse relation are still prevailed!
Also the Oil rebound was just cap by the very strong resistance at US$46.5(was quote as US$46, as measured by quoting system)! A break of this resistance certain signified the DOLLAR's retracement should be deepened, thus further rise in EURO and SWF are more likely! BEFORE THAT long position should take short term profit now!!!!