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| Action Insight | Candlesticks Trades | Markets Summary | Action Bias | Top Movers | Daily Technicals |
| Calendar | Elliott Wave Trades | Markets Volatility | Pivot Points | Heat Map | Daily Fundamentals |
| Action Insight Market Overview | Markets Snapshot |
Daily Report: Dollar Mildly Lower ahead of Year End, DOW Hit Record HighMarkets remain rather quiet just ahead of new year holiday. DOW edged up by another 25.88 pts overnight to close at another record high at 16504.29. But S&P 500 was down slightly by -0.33 pts. Asian equities are generally higher at the time of writing while Japan is on holiday. 10 year yield dripped mildly to close at 2.976%, failing to sustain above 3% mark. In the currency markets, dollar remains soft this week, lost some ground against other major currencies. But the greenback is generally staying above near term support levels. Yen pared back some losses and is mildly higher after being pressured for most of the year. |
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| Featured Technical Report | |
USD/JPY Daily OutlookDaily Pivots: (S1) 104.92; (P) 105.17; (R1) 105.36; More... Further rise is mildly in favor with 104.63 minor support intact. Current up trend from 75.56 would target 38.2% projection of 77.13 to 103.73 from 96.56 at 106.72 next. On the downside, below 104.63 minor support will bring pull back to 102.49/103.37 support zone before staging another rally. |
| Economic Indicators Update |
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Remark: Due to X'mas and New Year holidays, next Candlestick and Ichimoku Trade Idea update will be made on 2nd Jan 2014 Candlesticks Intraday Trade Ideas Update Schedule (GMT): Elliott Wave Daily Trade Ideas Update Schedule (GMT): | ||||||||||||||||||||||||||||
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Fundamental Highlights
Technical Highlights | ||||||||||||||||||||||||||||
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