U.S. Markets and EUR/USD moves in opposite direction

EUR/USD 4 HOUR CHART

DOW FUTURES

• We had good correlation between the EUR/USD pair and the U.S. Markets till now.
• But today because of the Jobless Claims data they both are moving in the opposite direction.
• This may not go on for too long.
• The first chart above shows the bull flag break out.
• The second chart is that of Dow Jones Futures going down down and down.   

US MARKET UPDATES S&P 500 Trading range breaks on the down side Effect of bearish engulfing in apple inc Positive Divergence Dow Jones weekly rising wedge Ford Motor Co Triangle breaks down