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Monday 2 September 2013

Stock markets closed on holiday

Banks & stock markets are closed as today is Labor Day however most brokers still allow Forex to be traded
Trade less or not trade at all as we expect irregular volatility

S&P 500 might go above 1640 again just because the attack on Syria is delayed
Unfortunately we cannot trade it because of the holiday

On a side note, EUR/USD support @ 1.3210 after good economic news for EUR, resistance @ 1.3223
You can try buying near support & selling near resistance for short term trades but currencies tend to have more volatility especially today so we do not guarantee your trades
Selling will be at a higher risk because the big picture is that EUR should go up & USD should go down today

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