EURO and GBP are making quick either way moves .many contrarian moves are seen now.EURO with positive net change and GBp negative net change,EURO and USD/CHF with positive net change.GBP and USD/YEN shwoing negative net change.All these moves are indicating the players are handling the crosses now.majors may be handled from mid session to make usd gaining move /profit booking move.



Views: 37

Comment by jefe on June 30, 2011 at 4:27pm



We know GBP is used to create market sentiment-- perhaps they dropped GBP and only Slide EU/ AU to BUY all three.  With USD holiday- and thin volume- there's no reason to not continue upwards in EU and force short coverings....

Comment by ceasar on July 1, 2011 at 3:09am



What is your take on AUD/USD...?


You need to be a member of Forex Social Network to add comments!


© 2019   Created by FXStreet.   Powered by

Badges  |  Report an Issue  |  Terms of Service