Hesitated Opening Of The Trading

www.sunbirdfx.com The US stock markets did not stop rising even yesterday. Many analysts estimated that after the hesitated opening of the trading week, the stocks would finally make the expected correction and on the beginning of the day it looked like these predictions would turned to be a fact, but after 45 minutes of declines, the stocks resumed rising. NASDAQ is already 5% above 2011's high, Dow made the break-up just yesterday and the S&P is still bellow 2011 picks but it is getting there. EUR/USD The rising of the stocks is weakening the USD against most of the major currencies and the Euro is taking advantage of the situation in spite the fact the talks with Greece, which seemed to be close to an agreement, last week, are still going on. Because of that, Germany threats on the ...

www.sunbirdfx.com The US stock markets opened the trading week in the red territory as the indices shed 0.10%. The hesitated opening for the trading week might indicate that the investors are getting prepared to the expected correction, though the stock might make another bullish session before the correction. GOLD The precious metal made an impressive rally since the beginning of the year and it looks like it became attractive again among the investors after rough fourth quarter in 2011. The price reached the resistance at $1760 and stochastic levels, which have been high for several weeks, indicate that the correction might occur any day. However, it would not be wise to try to guess when or where the correction starts and any trade against the bullish trend would be a gamble. ...