The Advisor Weblog |
- After Payrolls
- NFP Live Coverage
- Live Coverage NonFarm Payrolls
- More than positive reading in Canada
- Levels to watch for Euro and Pound
- Majors’s sentiment for today
- Starting the day
| Posted: 04 Dec 2009 06:55 AM PST After the Live coverage, here is the hourly perspective for majors for next session. Enjoy!
   |
| Posted: 04 Dec 2009 06:38 AM PST
 |
| Live Coverage NonFarm Payrolls Posted: 04 Dec 2009 05:04 AM PST In about 15 minutes, I will start with the U.S. Non Farm Payrolls Live Coverage at Fxstreet.com home page. See you there!
 |
| More than positive reading in Canada Posted: 04 Dec 2009 04:03 AM PST Canada data was far better than expected, with the creation of 79.1K new jobs, and unemployment rate down to 8.5%. Could U.S. data be as good as this one? I don’t think so but keep in in mind: risk appetite could rush back.
 |
| Levels to watch for Euro and Pound Posted: 04 Dec 2009 03:16 AM PST We know that U.S. data has been having an invert correlation with dollar almost all this year, so we can assume that a bad reading in employment numbers could be dollar positive, while a good reading should be dollar negative. Well, is not so easy. Past August Payroll better than expected data send dollar higher across the board all Friday, only to give up the lost ground next week. So i won’t take a side today, and I will just leave you here support and resistance levels for both pairs. EUR/USD Supports: 1.5020 1.4970 1.4930 1.4880 Resistances: 1.5085 1.5110 1.5145 1.5180 GBP/USD Supports: 1.6620 1.6570 1.6520 1.4880 Resistances: 1.6660 1.6700 1.6740 1.6785
 |
| Posted: 04 Dec 2009 03:05 AM PST Here is majors' sentiment for today: Eur/Usd: Neutral Gbp/Usd: Bullish Usd/Chf: Neutral Usd/Jpy: Slighly Bullish Eur/Gbp: Bearish
 |
| Posted: 04 Dec 2009 03:01 AM PST Hi everyone and welcome back. As usual, market stayed quiet since past American session opening, ahead of Payroll U.S. data, yet a sudden sell off in stocks during last hour trading, on rumors employment data will be worst than expected, helped dollar to recover and close the day almost positive against major rivals. Except for Gbp, that’s winning ground on a revision of GDP, majors are mostly in tiny ranges. As usual, let me remind you to take a look at Canada employment report, as it usually advance American one. Here is the link for today’s calendar: http://www.fxstreet.com/fundamental/economic-calendar/ Have a great day!
 |
| 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