Monday, 26 April 2010

My Forecasts

06:35GMT An article in reuters about west running-out of economic tools options if there is another downturn. Its worth a read for FX analysis too.
00:00GMT Good Morning Friends, As predicted on Friday GBPs went UP but EURs avoided going down by holding on.I still think there are some cliffs' for EURs on its way for next few sessions. At this very moment all our pairs are showing Uptrend but these uptrends can turn neutral in next 2-4 hours.
Posted by Jeeson Augustine

2 comments:

  1. Unknown26 April 2010 at 19:23

    Hi J, what is your outlook for gu this week? Do you share Doc's opinion for a significant rise? Thanks a lot

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  2. Jeeson Augustine27 April 2010 at 07:10

    I think any more rise will be players spike before election. There are some fundamentals that shows that UK economy is still reeling not out of woods yet. Election will be key for GBPs game and everybody knows that any result will push GBP down so a last attempt of a spike is expected.

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