Tuesday, January 31, 2012

Forex pairs to observe

Forex pairs to observe.

The bulls are slowly taking control of the commodity dollars again. They accomplished this feed against USD and they are slowly rallying against the yen. We see similar patterns with the euro and the swiss, the market is about to start dumping the yen and the dollar again. Iam currently in 4 trades at the moment and dont have any trade set ups that iam waiting for. I am, however, currently eyeing Aud.Jpy, Nzd.Jpy, Cad.jpy, eur.jpy and chf.jpy. All these pairs have found some support and if this support holds there will be plenty of buying opportunities to come.

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