Latest News

   ICE sugar broken out of the falling wedge ... bullish trend to begin? or just an abberation to a prolonged consolidation?
   
   
   
   
   
   
   
   
   

trendprofiles

Trendprofiles
Asian Markets

The 2012 trend in the KLSE composite has been mostly a consolidation with an upward slant, making into a bullish channel.  Though the trend comprises higher lows and bottoms, the 14-Day RSI -ve divergence is still a factor to ponder in case anyone holds a bullish call. While the price trend is currently making its bounce from its very own channel, the upper end of the channel of 17000 is a strong  resistance  should the price trend rally further.

For the short term the trend could remain positive, but this is one of the many times that one must not chase a rally.

Will the divergences in momentum and the FISCAL cliff leave any opportunity in Asian Markets!!!

 

 

 
  • Bank Rates
Currency Centeral Bank Rate Overright Rate
AUD 2.75%
NZD 2.50%
EUR 0.50% 0.45%
CAD 1.00%
GBP 0.50% 0.48%
USD 0.25% 0.12%
  • Economic Calender
Date Event Actual Forecast

Jul 30

USA Cons Confidence

81.40

Jul 31

USA Adv GDP Q/Q
1.8%

Aug 02

USA NFP 195K

Free Newsletter

Name:

Email:

 

Trend Profiles Financial services are introducing brokers of Forex.com, representing one of the venerated brokers to offer their trading platforms covering Forex , Commodities and many more asset classes.

Disclaimer: This link shall take users into an external link of Gain Capital, which hosts trading platforms. Trading in Financial markets involves actual loss of capital, hence users are advised to consider their risk appetite appropriately. TrendProfiles Financial Services acts as an introducing broker only and holds no liability of loss/profits arising out of trading not holds any responsibility of capital invested by any individual/Organization in any quantity or currency denomination