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Monday, August 19, 2013

Hit or Miss 08.19.13 for 08.20.13

Hit or Miss 08.19.13 for 08.20.13

Preamble
They are hardly any markets that offers a good trade set up for tomorrow. Only the Yen seems right for a trade. In light of poor economic reports that defied Abenomics, market participants appear to be weary of taking the Yen to new lows and the Nikkei to new highs. So for tomorrow's session, I expect the Yen to rise in value against the US dollar.  

08.20.13 One Day Forecast:
Yen: Higher


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