Friday, December 3, 2010

The Advisor Weblog

The Advisor Weblog


Live Coverage, hourly perspective

Posted: 03 Dec 2010 05:09 AM PST

Here is the hourly perspective ahead of the Payrolls; I will be doing a live coverage at Fxstreet.com home page of the news, so hope to see you there!

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2010/12/03/02/


Best pair to trade now: GBP/USD

Posted: 03 Dec 2010 03:48 AM PST

Starting the day

Posted: 03 Dec 2010 03:47 AM PST

Hi everyone, and welcome to this blog! Friday, and NFP in the US. Thursday has been quite an interesting day, as market finally decide to reverse, at least in corrective move this far, dollar strong gains of the past couple of weeks. No doubts today, we could get some clues if the correction would turn into a bearish continuation run for greenback over the rest of the month, or if it’s complete and dollar is ready to resume it’s bullish trend.

Market sentiment has changed all of a sudden, and that can happen again to would not be thinking on longer term trends until early January, after market returns to normal.

Anyway! we have Canada employment data, and US one tends to come in line. Let’s see how it comes and how market reacts to it: could give as clues of what will happen later today. Here is the link for today’s calendar:

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

Have a great day!


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