Monday, October 19, 2009

The Advisor Weblog

The Advisor Weblog


Quiet morning

Posted: 19 Oct 2009 03:12 AM PDT

Majors are quiet after European opening, with Euro setting a fresh high for the day, a few pips away from previous one. USD/JPY however, come back quickly from the 90.40 level, and addressing to the 91.00 area again. Seems we are up there, with a good target at the 92.60/93.00 area. Clearly above that level, 95.00 will come into play in the midterm. As long as above 90.00, seems pair is ready for a good upside correction.


Majors hourly perspective

Posted: 19 Oct 2009 01:47 AM PDT

Here it is! the hourly perspective for majors. I will add a new one before U.S. opening, and catch up with everything in the mid time:

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-19.html


Majors’s sentiment for today

Posted: 19 Oct 2009 01:06 AM PDT

Here is majors sentiment for today:

Eur/Usd: Bullish

Gbp/Usd: Bearish

Usd/Chf: Bearish

Usd/Jpy: Neutral

Eur/Gbp: Slightly Bullish


Coming back

Posted: 19 Oct 2009 12:51 AM PDT

Hi everyone! has been away for SO long looks an eternity! But I have never imagine ITC will be such a great experience: really learning and sharing with lots of great people. I loved to meet all there, speakers, attendees and Fxstreet stuff. People from all around the world, with different ideas and perspectives and market approaches, all with forex as common denominator. Tell me you never give up on the idea to explain family and friends what are you doing; we all did! “Is like stocks” are my actual worlds when someone ask me what do I do for a living ;) . Anyway, something that really worth it! I’m still in Spain, will come back home next Wednesday, but I will be here during European session at least. So forex forex! Despite greenback opened slightly up in Asia, Europe stocks that opened higher and gold also to the upside, erase such winnings and majors are up except for Gbp. I will prepare a brief outlook for each major right now, so here is the link for today’s calendar:

http://www.fxstreet.com/fundamental/economic-calendar/

Have a great day!

 


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