EUR,GBP,CHF,JPY,AUD,NZD & CROSSES

Written by megatrade101 | 15 July 2010

EUR,GBP,CHF,JPY,AUD,NZD & CROSSES
youtube URL: http://www.youtube.com/watch?v=nmXuTO79ybc

The market condition for today is a confirmation of our market view report on the 12th of July and our video presentation regarding the AUD and the NZD vs. the USD. It is more of a weak USD dollar rather than the opposite way; as the EURUSD has now been keeping at pace with the GBPUSD where both currency pairs have reached a high of 1.2835 and 1.5355 range.Volumes toward the end of the week's trading though light to heavy trading as some have taken profits from trades in anticipation of a possible dollar relif recovery on the first trading days of next week.

As long as the USDX remains depressed, a continuation wold not be ruled out for the European and Asian currencies to do better for the third quater of the year.

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