Tuesday, April 27, 2010

The Advisor Weblog

The Advisor Weblog


Best pair to trade now: EUR/USD

Posted: 27 Apr 2010 04:40 AM PDT

Majors’ sentiment for today

Posted: 27 Apr 2010 04:39 AM PDT

Majors’ sentiment for today:

Eur/Usd: Bearish

Gbp/Usd: Bearish

Usd/Chf: Bullish

Usd/Jpy:Slightly Bearish

Eur/Gbp: Bullish

Eur/Jpy: Bearish

Gbp/Jpy: Slightly Bearish


Starting the day

Posted: 27 Apr 2010 04:37 AM PDT

Hi everyone and welcome back. Sorry for being late, really I have been quite busy these weeks! Anyway, I was really waiting for trend against greenback to extend past Asian session, but seems market is not ready for that, more after Euro zone woes continue extending and unsolved: Greek/German 10-year government bond yield spread widens to 687 bps, while data in the UJ show CBI Realized Sales come under expectations, unchanged from past month; stocks are down in Europe, US futures are also falling, and dollar is back on track, with Euro approaching to yesterday’s low and Pound testing 1.5330 support. Volume is much more interesting than yesterday, and we have a good number of fundamental news to keep an eye on, so here is the link for calendar, while i prepare the technical overview:

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

Have a great day! 

 


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