Friday, September 30, 2011

The Advisor Weblog

The Advisor Weblog


Majors ahead of US opening

Posted: 30 Sep 2011 06:32 AM PDT

Is not just risk aversion what we are seing today, yet also dollar strength. One may wonder from where that strength comes, as data lately is far from encouraging. Market may be already pricing in more easing from BOE and ECB next week.

Pointless to fight the trend, here is the outlook for majors for this American session:

 

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2011/09/30/02/


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