EUR/GBP confirms its Trend
| 03 March 2010
Youtube URL : http://www.youtube.com/watch?v=3qDxWs8nrAQ
This is a sequel from the previous video presentaion dated Feb. 25 focused on the EUR/GBP as it confirms its trend towards the higher price where momentum have build up from a lower GBP/USD. The negative sentiments from Bloomberg on Europes troubles have weighed heavier.
This also goes the same with the EUR/USD making new lows plus the total 12B Euro sold from the crisis. The reluctance of investors and traders now to take positions have diminshed and risk appetite can be found no where. Although, the potential trades are on Cross rates and not so much for the major pairs.
It's a matter of choice; so please choose wisely!
Top Articles
- Cost of Trading ?
- How does a Price Page Indicator help an investors’ trading? How is it summarized?
- What are the best indicators to use?
- What is your batting average in trading this market or any market at all?
- Why do we have to trade FX while we can trade other forms of investment with fewer risks involved?
