The Advisor Weblog |
- Hourly perspective for US session
- Best pair to trade now: EUR/USD
- Majors’ sentiment for today
- Starting the day
| Hourly perspective for US session Posted: 20 Aug 2010 06:51 AM PDT Here is the hourly perspective for US session:
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| Best pair to trade now: EUR/USD Posted: 20 Aug 2010 04:53 AM PDT Here is the best pair to trade now: http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010-08-20.html
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| Posted: 20 Aug 2010 04:49 AM PDT Here is the majors’ sentiment for today: Eur/Usd: Bearish Gbp/Usd:Slightly Bearish Usd/Chf: Bearish Usd/Jpy: Neutral Eur/Gbp:Bearish Eur/Jpy: Bearish Gbp/Jpy: Bearish
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| Posted: 20 Aug 2010 04:35 AM PDT Hi everyone, and welcome back! Another risk aversion Friday, not much of a surprise, with dollar up across the board, but Euro suffering the worst part after losing 1.2730 area, previous base of the daily range. Commodity currencies are also suffering from stocks slumps, while seems pretty amazing Japanese Yen holding around 85.30; should not last that much if current environment persist during the US session, and a retest of 84.70/80 seems likely if not lower. Anyway, taking a look at charts, we can notice the low volume traded today, lack of liquidity is notable, and that only exacerbates movements, be aware more stops could be triggered around the board, and I suspect more in the Euro crosses rather than others. We have no fundamental data today, so would be a great day to trade pure technically; have a great trading day!
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