Follow the markets with The Eur/Usd break the daily/4hours triangle, and continue a free fall that surpassed not only 1.2580, but next support (now almost becoming a resistance) the zone @ 1.2530. For Gbp/Usd, the proposed 1.5350/60 has hold, while the Usd/Chf is right now in the congestion zone around 1.1870 also. The day has come to an end, and in about 1 and a half hours Asian session will be opening, so things are quiet now, yet for the way things are looking, dollar will probably continue rallying in that session. I have keep on saying the battle was going to be won by the less weak of all. Well, seems greenback is getting stronger, particularly against Europeans (see the Japanese yen giving quite a fight to remain sideways, meaning there the equilibrium is clearer). Anyway, if majors managed to break trough the very close daily minimum accomplished, get ready for a continuation, at least in the Asian session. Is 7:30 p.m. here, so this “expert” will go to the kitchen and prepare family supper (I’m half Italian, nobody get’s into MY kitchen) and be back later, to see what our friends from Tokyo are doing. Not promise nothing, but if i see something interesting, I will post it.
The Advisor Weblog
Subscribe
Or subscribe via email:
Categories
Archives
Recent Comments
- Valeria Bednarik on Gbp/Usd technical points
- Valeria Bednarik on Starting the day
- Arun Kandyal on Gbp/Usd technical points
- j.j on Starting the day
- Valeria Bednarik on Gbp/Usd still bullish
Next webinar
Asian Session: Live Market Analysis
by Dr.S.Sivaraman
July 06, 05:00 GMT
Register for the webinar