Monday, June 14, 2010

The Advisor Weblog

The Advisor Weblog


Best pair to trade now: USD/CHF

Posted: 14 Jun 2010 04:25 AM PDT

Majors’ sentiment for today

Posted: 14 Jun 2010 03:10 AM PDT

Majors’ sentiment for today:

Eur/Usd:  Bullish

Gbp/Usd:  Bearish

Usd/Chf: Bearish

Usd/Jpy: Slightly Bullish

Eur/Gbp: Neutral

Eur/Jpy: Bullish

Gbp/Jpy: Bullish


Starting the day

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!


No comments:

Post a Comment