Thursday, April 29, 2010

The Advisor Weblog

The Advisor Weblog


Hourly perspective for US session

Posted: 29 Apr 2010 06:35 AM PDT

Starting the day

Posted: 29 Apr 2010 05:51 AM PDT

Hi everyone, and welcome back! Market spent mos of this European session in consolidation mode correcting slightly against dollar, except for commodity currencies, that hold their undeniable strength. I would expect aussie to retreat from 0.9300/30 area, while I would not expect further gains in Euro at this point. Unemployment claims in the US come worse than expected a few minutes ago, another reason to limit optimism today (as if we had any) I will be posting in a few minutes the technical perspective for majors.

Have a great day!


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