markettech's Commentaries
Dec
28
2009
Did You Miss this Opportunity in the Currency Market?
by markettech
Overall Rating:
Will the Rally Last?
Source: VantagePoint Intermarket Analysis Software
To see more FREE recent market predictions for currencies go here!
The market increased by 479 ticks.
479 ticks = $2,395 per contract (About 11 trading days)
When the blue line (forecast) crossed above the black line (actual), VantagePoint predicted the market to trend up. The Neural Index at 1.00 also indicated an expected up trend.
The U.S. dollar rallied against the major currencies following an unforeseen surge in existing home sales.
The dollar rose 6% against the Japanese yen this month and is poised for its biggest monthly increase since February.
Tags: currency-market-updates | currency | us-dollar | futures
