The Advisor Weblog |
Best pair to trade now: USD/CHF Posted: 14 Jun 2010 04:25 AM PDT Here is my first choice for today: http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010-06-14.html |
Posted: 14 Jun 2010 03:10 AM PDT |
Posted: 14 Jun 2010 03:09 AM PDT Hi everyone, and welcome back! As comment on past Asian session opening Live Coverage, things seem to be changing a bit in the market, and the early Europe movements confirm the bias: dollar is down, Euro continues it’s recovery, while Pound tested again strong 1.4770 resistance zone. Stocks are happily bullish, and so are gold and oil. Early data show better than expected Industrial Production data in the euro zone, favoring more euro gains, currentlytesting the 1.2250 zone mentioned yesterday. Still we have the 1.2350 strong resistance level a bit far away, to confirm further rises there so let’s see how things go for Euro, and if the good mood, is able to sustain. Anyway! let’s start with the technical views, so here is the link for today’s calendar: http://www.fxstreet.com/fundamental/economic-calendar/ Have a great day! |
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