The Advisor Weblog

Hourly perspective for US session
Traders Survey 2010 who we are
Best pair to trade now: EUR/USD
Majors’ sentiment for today
Starting the day

Hourly perspective for US session

Posted: 13 Oct 2010 06:45 AM PDT

Here is the hourly perspective for this US session:

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2010-10-13.v03.html

Traders Survey 2010 who we are

Posted: 13 Oct 2010 06:08 AM PDT

An interesting survey showing the FX traders profile. Indeed, some of the results are worth to read, as for example, 84% trade from home. Seems I’m not completely alone Check it all here:

http://www.fxstreet.com/education/forex-basics/the-forex-traders-survey-2010-results/2010-10-13.html

Best pair to trade now: EUR/USD

Posted: 13 Oct 2010 03:47 AM PDT

Here is my first choice for today:

http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010-10-12.v03.html

Majors’ sentiment for today

Posted: 13 Oct 2010 02:29 AM PDT

Here is the majors’ sentiment for today:

Eur/Usd: Bullish

Gbp/Usd: Slightly Bullish

Usd/Chf: Slightly Bearish

Usd/Jpy: Bearish

Eur/Gbp: Bullish

Eur/Jpy: Bullish

Gbp/Jpy: Slightly Bullish

Starting the day

Posted: 13 Oct 2010 02:09 AM PDT

Hi everyone and welcome back! Dollar did not past the last test: corrective movement favoring greenback starting past Monday was dismissed and the bearish trend returns with strength as FED “announced” QE round 2: the Minutes had a dovish tone, as the majority of members of the Fed’s open market committee believed that economic indicators would reach a level justifying further quantitative easing “before long”. Euro managed to regain the 1.3900 level after the release, and with European opening, EUR/USD reached again the 1.4000 price zone; 1.3960 is now support on pullbacks there. Equities and commodities are strongly bullish, with US futures reaching fresh 5-month highs, and CAD and AUD rising strongly against greenback. As usual, only Pound remains limited thus slightly bullish, as employment data come out worse than expected.

We have more data today to take care of, so here is the link for today’s calendar:

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

Have a great day!