Posted: 01 Feb 2011 04:03 AM PST

Here is my first choice for today:

http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2011/02/01/

Majors’ sentiment for today

Posted: 01 Feb 2011 02:08 AM PST

Majors’ sentiment for today:

Eur/Usd: Bullish

Gbp/Usd: Bullish

Usd/Chf: Bearish

Usd/Jpy: Bearish

Eur/Gbp: Slightly Bearish

Eur/Jpy: Slightly Bearish

Gbp/Jpy: Bullish

Starting the day

Posted: 01 Feb 2011 02:00 AM PST

Hi everyone, and welcome back! I really want to apologize for the lack of posting lately. The year has been long and I’m tired; now is summer in here, and hopefully next Thursday, I will be off for a couple of weeks in the beach in a small little town with no Internet connection. I really need some rest, despite how much I love market. Lately, every morning when I hope this page to start the day, I’m blank! have no much of a statement to do, and that’s a strong sign of exhaustion . But that’s me, and not majors; dollar bearish trend has settle firmly over the past few hours, and taking a look at the crosses, seems poor greenback will have another bad day today. Several major crosses had already overcome past week highs, while EUR/USD is barely below 1.3760; stocks are higher, spreads in between German and Spain are narrowing, and the cross will probably jump once the stops above that high are triggered; 1.3810, 1.3850 and the 1.3900 area are next. Failure to break that area today, in current enviroment however, could be pretty negative and disappointing for Euro buyers.