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Hi everyone, welcome back! Ok, the day is just starting, so to call a January end of month could be a little too early, but looking charts my friends, bigger ones I mean, the theory of “the less weak- winning battle” is still valid, and will be around us for some more time (and probably a long one), but remember! a battle is not the war! For the past months we have been seeing many battles across the board, and till now, Dollar and Japanese Yen remain the strongest; but don’t get too confident: Gbp is giving them a hell of a fight, and preparing to continue in that tone. Japanese Yen is looking tired, but may have still one more ace up the sleeve. Swissy is not telling me much, but that it’s positioning for a big big jump still not clear when and if able to. Our poor friend the Euro, seems positioned to continue suffering the “we-are-doing-fine” Trichet’s curse. Anyway! too much talking done! Let’s see what technicals have to offer today, maybe try shorter post and more pairs, let’s see if I have the time; check today’s calendar ( we have some good stuff in the U.S. today) while I look charts:
http://www.fxstreet.com/fundamental/economic-calendar/
Have a great day!