nice weekend is over and time for some quick and safe pips, right!? :)
Well, the story goes like this and I hope it should be played in this directions:
USD - very interesting movement lately. USD was gaining all over the board. Be causes - is the weakness over in a week time gains? I really do not think so. We can see still a lot of "red" on some TF and also on technicals. Keep on rocking!!
EUR - yes, also seen some sell movement on this currency. Lots of red on lower TFs. Still, on a monthly scale EUR still the strongest currency on the market. Watch out and dont forget about it to soon.
GBP - Well, GBP is now really on a sell button here. Last week was not really in favor for GBP. Still, no sign that it will continue. No buy signal for GBP. Only sell for now!
JPY - Also on sell pressure. Still, personally i see that JPY will still gain in the future. Neutral in my eyes now.
CHF - Lots of selling seen. Main pressure was on CHF last week. Historically, we saw a spike on the day of Japanese intervention. Maybe it was a low of the future 9 years?
AUD - the strongest on the market!
CAD - Still pretty nice currency in my eyes. CAD still a currency to consider buying - just picking a right second currency is a question. Never sell the precious CAD ;) ...my precious :) for now!
Let us begin!
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