Wednesday, October 28, 2009

The Advisor Weblog

The Advisor Weblog

Major’s hourly perspective for U.S. session

Posted: 28 Oct 2009 06:40 AM PDT

Best pair to trade now: Eur/Usd key points

Posted: 28 Oct 2009 05:13 AM PDT

Against Murphy’s law, the report debut was great. Here is today’s idea. Enjoy!

http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2009-10-28.html

Deflation in Europe, my favorite subject!

Posted: 28 Oct 2009 03:59 AM PDT

So many times I have been talking of this, is a pleasure to find out I’m not alone in  my ideas ;)

If you have some time, take a look at this article, and you will understand why, despite sentiment keeps Euro close to the yearly high, sometimes we need to look beyond charts:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/6448884/Deflation-fears-as-Eurozone-and-US-credit-contracts.html

Majors’s sentiment for today

Posted: 28 Oct 2009 03:40 AM PDT

Here is majors sentiment for today:

Eur/Usd: Bearish

Gbp/Usd: Bearish

Usd/Chf: Slightly Bullish

Usd/Jpy: Bearish

Eur/Gbp: Neutral 

Starting the day

Posted: 28 Oct 2009 03:37 AM PDT

Hi everybody hope you are fine. Time to return to safe haven currencies: stock markets are bearish and unstable again, pushing investors back into risk-aversion mode, and dollar and yen are back up. While European currencies don’t seem to have rallied that much, take a look at commodity ones: AUD, CAD, NZD had been losing big since Asian opening, and as I always told you, they tend to anticipate market movements: pay attention to them. Early European data was quite disappointing, sending Euro back under 1.4800 against greenback, while further definitions will likely come after U.S. Durable Goods data in a couple of hours. Here is the link for today's calendar:

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

Have a great day!
Posted by at 5:04 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)