Wednesday, April 14, 2010

The Advisor Weblog

The Advisor Weblog


Best pair to trade now: EUR/USD

Posted: 14 Apr 2010 04:19 AM PDT

Majors’ sentiment for today

Posted: 14 Apr 2010 04:00 AM PDT

Majors’ sentiment for today:

Eur/Usd: Slightly Bearish

Gbp/Usd: Slightly Bullish

Usd/Chf: Slightly Bullish

Usd/Jpy: Bullish

Eur/Gbp: Bearish

Eur/Jpy: Slightly Bullish

Gbp/Jpy:Slightly Bullish


Starting the day

Posted: 14 Apr 2010 03:58 AM PDT

Hi everyone and welcome back! Strong recovery in stocks, lead to another rally against dollar and yen during past Asian session, yet neither Euro, not Pound where able to overcome these week early highs, and are testing daily lows right now, with Euro approaching to 1.3600 and Pound 1.5400. Commodity currencies remain strong as usual, after oil and gold spiked again to the upside, following yesterday’s downside corrective movements.

FED emergency meeting show some members want to move rates highers, and I believe market pass over that new,  but will probably pay a bit more attention today, with the US Retail Sales and inflation reports, coming in about an hour or so. Anyway, here is the link for the calendar:

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

Have a great day! 


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