The Advisor Weblog

Hourly perspective for the US session
Best pair to trade now: GBP/USD
Majors’ sentiment for today
Starting the day

Hourly perspective for the US session

Posted: 03 Aug 2010 06:33 AM PDT

Here is the hourly perspective updated for the US session:

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2010-08-03.v02.html

Best pair to trade now: GBP/USD

Posted: 03 Aug 2010 03:37 AM PDT

Here is my first choice for today:

http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010-08-03.html

Majors’ sentiment for today

Posted: 03 Aug 2010 03:06 AM PDT

Here is the majors’ sentiment for today:

Eur/Usd: Bullish

Gbp/Usd: Bullish

Usd/Chf: Bearish

Usd/Jpy: Bearish

Eur/Gbp: Slightly Bullish

Eur/Jpy: Slightly Bearish

Gbp/Jpy: Slightly Bearish

Starting the day

Posted: 03 Aug 2010 03:04 AM PDT

Hi everyone, and welcome back! Following the comments made in past Asian Daily Wrap Up Webinar, majors are extending their trend this Tuesday, with EUR/USD approaching to 1.3270 target as expected, while Pound is firmly above 1.5900.

I’m still holding my breath regarding USD/JPY: the pair is at 86.00, Japan government stated this damages its exports, still despite a bit too late to mount in the trend, pair is bearish. I really want to see the reaction when it reaches 84.80/85.00 area, because at this point, seems not even that low will be able to reverse the fall. Anyway! will start taking a look at technical points.

Here is the link for today’s calendar:

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

Have a great day!