Tuesday, March 30, 2010

The Advisor Weblog

The Advisor Weblog


Best pair to trade now: GBP/USD

Posted: 30 Mar 2010 04:33 AM PDT

Majors’ sentiment for today

Posted: 30 Mar 2010 04:31 AM PDT

Majors’ sentiment for today:

Eur/Usd: Slighty Bullish

Gbp/Usd: Bullish

Usd/Chf: Slightly Bearish

Usd/Jpy: Slightly Bearish

Eur/Gbp: Bearish

Eur/Jpy: Slightly Bullish

Gbp/Jpy: Bullish


Starting the day

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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