Monday, March 29, 2010

The Advisor Weblog

The Advisor Weblog


Hourly perspective for majors’

Posted: 29 Mar 2010 06:39 AM PDT

Best pair to trade now: AUD/USD

Posted: 29 Mar 2010 05:41 AM PDT

Majors’ sentiment for today

Posted: 29 Mar 2010 03:21 AM PDT

Majors’ sentiment for today:

Eur/Usd:  Bullish

Gbp/Usd: Bullish

Usd/Chf:  Bearish

Usd/Jpy: Neutral

Eur/Gbp: Bullish

Eur/Jpy: Bullish

Gbp/Jpy: Neutral


Starting the day

Posted: 29 Mar 2010 03:17 AM PDT

Hi everyone, and welcome back! Euro and Pound started the week firmer against greenback, with some support coming from the agreement between euro zone members regarding Greece rescue if needed. Two things I would like to add, as a personal opinion: one, the plan is no so bright,  has a lot of “dark zones” in it, and technically, dollar rally was overextended as we comment past week, so current movements could well be consider corrective for now. Anyway, let’s see how the journey develops today and if majors can recover some key resistance zones, sometingh quite likley at this point. Last week of the month with some interesting data ahead, so here is the link for today’s calendar:

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

Have a great day! 


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