Markets Technical Analysis USA markets are down 9 out of the past weeks, for the third time in its entire history (1970, 1982, 2001) In 2001 it marked the start bear market rally before the bear market continued for nearly another year. Last week after the big sale on Thursday and breaking very important support levels, Friday ended convergence, if…
USDJPY Strengthened to 125.90 from 125.30 Last June session on Friday as the markets decline and Shuffle strap broke several months.119.60 area could be resistive, but crossing up this leves will probably take usdjpy to 123-124 area and even to 127. With the high vol and low closed on friday closed, there seems to be quite a bit of underlying selling pressure…
