DAX, ASX, DOW JONE, FTSE are signaling JPY strength

August 20 2010 by Milla Schmidt in Forex Release |No Comments

august 20, 2010friday5.45gmt

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Now FTSE, DOW JONE, Nikkei, DAX , ASX ,which are major stock indexes , are sending signal of JPY become strong.

Those stock indexes are pointing to lower sharply very soon , may be today or early of next week.

Then we will see XYZJPY will go down more , [xyz = USD, AUD, EUR, GBP]

Now AUD is so underpressured , you see GBPAUD, EURAUD, AUDSGD, AUDCHF, AUDUSD, AUDJPY.All bring to the summary that AUD is the weakest of major FX.

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