Overall outlook and views

Some key notes before the markets opens tomorrow.

US Dollar: Has been falling from the 8350 mark till around 8200 for now. Looking at the daily charts, I expect the 8160 to 8200 support to be pretty good.

Shanghai Index: Is currently supported by the 200MA as well as the 50% Fibonacci retracement level. It managed to close above 2200 for the week as well. I will watch the 2200 level as well, knowing that many are watching it as well. However, there is chance for SSE Index to fall to 2140 where the 61.8% Fibonacci retracement confluence is also found. 

For Currency pairs

1) USD/CHF - Long

2) AUD/USD - Short-term could rebound up but still remains rangebound.

3) GBP/USD - Short

4) EUR/USD - Remain sideline but bias towards to the upside. Unless the HNS

                            pattern is formed.

5) USD/JPY - Short-term could have some profit-taking but longing is the way to

                           go.



Update as of 17 April 2013
Looks like my views on the US Dollar and currency pairs are correct.
Honestly speaking I did not make much despite the "spot-on" views.
Got to work on it.