Trader Notes 13th August 2013
By Something About Finance  •  August 13, 2013

The markets are seeing some sell off from the US side and generally we are still struck in a range bound market. This week there will be release of the retail sales and Producer Purchase Index data from the US .

Indexes:

STI likely to stay within the range of 3100-3280. For Dow Jones, we are looking at 15250-15500 levels for the moment.

Currencies:

Aud/Usd have surged above the 91 levels but it is still on a downtrend as it has not convincingly breach the 92.3 levels yet which is where the 60 days moving average is located. So we will still be looking for opportunities to short this pair. If it managed to go firmly and closed above 92 levels, there could be a potential change in the medium term trend.

Euro/Usd is currently trading within the range of 1.318-1.34 levels.

Commodities:

Gold have seen a good ......
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By Something About Finance
Welcome to My Blog. Hoping to share and learn from others on finance related topics. Let's embark on the journey towards financial freedom. Currently, I am an appointed representative (Equities and Futures Broker) with an established brokerage firm in Singapore. I deal mainly with Equities, Futures and Forex.
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