The Advisor Weblog |
- Ready to go
- Hourly perspective for majors
- Gold at record highs
- Majors’s sentiment for today
- Starting a golden day
| Posted: 06 Oct 2009 08:51 AM PDT You know i try to limit the blog just to forex stuff. The fact is that in less than 24 hours, I will be flying to Spain, for the ITC, and using the trip to enjoy a part of beautiful Europe. I love learning and living new things, and that’s exactly what the ITC will be: a whole new learning experience, because I have always tink that we have to seize all experiences we can from life. At the same time I’m a mom!!! I have two girls that are the center of the universe and I am already missing them; we have never been apart. Who cares gold reached 1043 today? not me really I will be making my Daily Wrap up Webinar tonight again, at 22:30 GMT, and I will come back there in a couple of weeks. Anyway! just to say bye for a couple of days! Trade wise.
   |
| Posted: 06 Oct 2009 06:49 AM PDT Hi again! Gold keeps rising and dollar falling; expect some short term corrections before next movements against greenback; here you have the levels to watch for all majors:
 |
| Posted: 06 Oct 2009 06:04 AM PDT Gold has just print a record high of 1032,30 almost 1 dollar above previous historical one. Majors jumped against greenback, following the commodity. If we don’t lose quickly there the 1.020 level, get ready for more dollar losses today.
 |
| Posted: 06 Oct 2009 05:06 AM PDT Here is majors sentiment for today: Eur/Usd: Bullish Gbp/Usd: Bearish Usd/Chf: Bearish Usd/Jpy: Slightly Bearish Eur/Gbp: Bullish
 |
| Posted: 06 Oct 2009 05:02 AM PDT Hi everybody and welcome back! As we comment past night in the Daily Wrap Up Webinar, market is depending as usual on gold and Aud; the relationship between cause and effect there, has no boundaries at this point: gold is moving Aussie, or Aussie is moving gold? I believe the second one is more likely, after past night RBA rate hike. And Gold almost in the historical high, is sending dollar down against the rest of the majors, except, as we also discuss, GBP. Pound can’t regain the upside, and if breaks 1.5870 support area, could extend losses, despite greenback bearish momentum, mounted on worst than expected data early today. Anyway, day is young, but we don’t have to much data to take care of, so keep both eyes on gold today, as 1031 historical high, is quite close and will be key for dollar trend.
 |
. I still believe to be complete honest, movements are exaggerated, but well, mass don’t have a logical mind right? I won’t be posting till next Thursday, and in fact, I will be here for the live coverage of BOE and ECB as usual. Let’s see what surprises I find them regarding majors, but with Europe and Germany at deflationary levels, don’t expect Euro rally to last too much or go too far. Same goes for Swissy and non official intervention.| You are subscribed to email updates from The Advisor Weblog To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment