The Advisor Weblog |
- Hourly perspective for US session
- Best pair to trade now:AUD/USD
- Eur/Usd, fighting 1.3600
- Majors’ sentiment for today
- Starting the day
| Hourly perspective for US session Posted: 22 Feb 2010 06:34 AM PST Here is the hourly technicap perspective updated:
   |
| Best pair to trade now:AUD/USD Posted: 22 Feb 2010 05:27 AM PST Here is my choice for today: http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010-02-22.v02.html
 |
| Posted: 22 Feb 2010 03:17 AM PST Pair has been stuck in range since Asia opening, holding above 1.3600 with the upside capped by 1.3650 area. Technically indicators lost bullish momentum and seems upside corrective movement started past Friday is complete. Still above 20 SMA that holds the bearish slope, I believe we need to see the pair accelerating trough 1.3580 to confirm furhter falls today, with next supports at 1.3530 and 1.3485. To the upside, pair will find resistance at 1.3650, 1.3690 and finally 1.3720, not seen at this point.
 |
| Posted: 22 Feb 2010 02:44 AM PST Here is majors’ sentiment for today:Eur/Usd: Slightly Bearish Gbp/Usd: Neutral Usd/Chf: Slightly Bullish Usd/Jpy: Bearish Eur/Gbp: Neutral Eur/Jpy: Bearish Gbp/Jpy: Bearish
 |
| Posted: 22 Feb 2010 02:40 AM PST Hi everyone and welcome back! Market Sunday Live coverage was quite interesting last night. Sharing the opening view has been also slightly profitable I hope, as majors move in the expected direction yet as warned, slow motion as it has been happening since year started. We have almost no reports today, nothing in Europe or America, so i would expect more quiet ahead, always favoring dollar: stocks in Europe are down, gold has lost ground after hitting a monthly high, and US futures are also down. As comment yesterday, I do believe traders attention will focus in this week data mostly in the U.S., to confirm or not, if the economic growth is good enough to justify a sooner rate hike, after past week FED movement. We are going to know the Q4 GDP of several economies also this week, so pay attention to that. I will start making some technical comments now. Stay tuned, and have a great trading 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