Rumours of stocks markets running too fast, too fat in a small time, are weighting in currencies. Futures are falling, probably to some profit taking after past week rally, and concerns about if market is able to go forward. Still an hour to go till U.S. opening, and majors remain close to key supports/resistance levels, yet with not enough strength to break yet.
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One Response to “Dow set to open lower”
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Hi,
I have been a silent follower of your blog I appreciate your contribution to traders via your valuable suggestion through your blog.As per your suggestion yesterday EUR failed to rise against USD, is it a downward correction and still we can expect EUR to reach 1.37 today.Ther are few talks that Eur might touch 1.33,I would like to know your suggestion.
Regards
Rajan