The Advisor Weblog |
Best pair to trade now: GBP/USD Posted: 30 Mar 2010 04:33 AM PDT Here is my first choice for today: http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010-03-30.v02.html |
Posted: 30 Mar 2010 04:31 AM PDT |
Posted: 30 Mar 2010 04:29 AM PDT Hi everyone and welcome back. Have been fighting already a week with this Internet connection, but well, I can’t get nothing better at this point. Anyway, Asian session come and go with dollar following past Monday’s trend, and losing ground against major rivals, particularly Aud and Yen; but while first one hold gains ahead of a new hike rate next April, Yen fall back to past day’s range. Euro printed a fresh high, yet was unable to extend the rally, and quotes around key now support 1.3485 zone, while Pound seems ready to test 1.5120 resistance level, favored by better than expected GDP and Current Account data early Europe; i don’t see that rally extending much more, and I will made a post right now about it. We have a commodity currencies days, so watch them as they will lead dollar’s way. Here is the link for today’s calendar: http://www.fxstreet.com/fundamental/economic-calendar/ Have a great day! |
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