The Advisor Weblog

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

Majors’ perspective for US session

Posted: 23 Nov 2010 06:43 AM PST

Here is the hourly perspective for US session:

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2010-11-23.v02.html

Best pair to trade now: GBP/USD

Posted: 23 Nov 2010 03:34 AM PST

Here is my first choice for today:

http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010-11-23.v02.html

Majors’ sentiemnt for today

Posted: 23 Nov 2010 03:22 AM PST

Here is majors’ sentiment for today:

Eur/Usd: Bearish

Gbp/Usd: Slightly Bearish

Usd/Chf: Bearish

Usd/Jpy: Bearish

Eur/Gbp:Neutral

Eur/Jpy: Bearish

Gbp/Jpy: Bearish

Starting the day

Posted: 23 Nov 2010 03:18 AM PST

Hi everyone and welcome to this blog! Tuesday Asian session seen a continuation of yesterday’s movements, with Nikkei closed on holidays. Dollar remains strong, except against safe havens Swiss Franc and Japanese Yen.

Euro continues under pressure on political and financial woes in Ireland, Portugal, Greece, Spain and news are overloaded with comments of Prime Ministers, budget cuts/adjustments, capital needs and austerity measures; despite early data showed an improvement in Germany and France PMI, the common currency is below 1.3600, unable to regain the level and heading lower. Anyway, remember what we comment past week about this time of the year: liquidity starts to decrease ahead of December holidays, and volatility tends to increase.

We have several fundamental news today, so here is the link for todays´calendar:

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

Have a great day!