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Hourly perspective for US session
US data
Best pair to trade now: EUR/USD
Starting the day

Hourly perspective for US session

Posted: 15 Dec 2010 06:52 AM PST

Here is the hourly perspective for US session:

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2010/12/15/

US data

Posted: 15 Dec 2010 05:35 AM PST

Data in the US is mixed, with lower inflation yet with a pretty strong Empire State manufacturing index that jumper to 10.6; US futures rose strongly, erasing most of early loses, commodities are lower, and dollar rising across the board in this first spike, but seems we have a dollar bullish day

Best pair to trade now: EUR/USD

Posted: 15 Dec 2010 04:12 AM PST

Here is my first choice for today:

http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010/12/15/02/

Starting the day

Posted: 15 Dec 2010 04:11 AM PST

Hi everyone and welcome back! Dollar started the day higher, with US yields again skyrocketing, and stock lower across the board: Europe is strongly down, and so do commodities, while US futures are near to erase all of yesterday’s gains. Early news in the UK had been quite disappointing, with unemployment rate rising to 7.9%: GBP/USD fell to 1.5660 price zone as expected past Asian session. EUR/USD also fell yet founded support at 1.3280 bouncing up slightly now, yet still looking bearish short term talking.

We have some data over the next two hours in the US, so here is the link for today’s calendar:

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

Have a great trading day!

Have a great day!