Forex Trading: Stocks losing steam. Gold Up.
Posted by Greg Michalowski on Mon, 07/14/2008 - 9:03am in
The stock market has lost its steam. EURUSD now moving through 1st resistance level at the 1.5888 level on the upside (SEE EARLIER POST). Next level is 1.5904. Should slow down here.
USDJPY has moved lower. Market is moving back to focusing on the longer term problems. Expect continued volatility.
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