Saturday, 15 November 2014

The S.A.M strength Index for week 47

Big buying for the Kiwi and Aussie last week making them the leaders of FX money flows.. Sterling had the biggest move down the Index with the JPY still getting hammered.USD positioning seems to suggest a deeper correction though the larger long term position traders may start building the gradual process of adding to their USD buying.The Aussie 200 Seems to lead the Indices the last few months, its currently now trading under the H4 55ma. Are the rest going to follow like they have been ?..Weaker numbers for the Indices in the Index too.





No comments:

Post a Comment