Monday, 21 April 2008

USD at Crossroads Monday

Europe & US Sessions
No trade

The USD dollar market sentiment was split at 52-48 over the weekend. Hence, we remained neutral on the dollar for now and were not generating any buy/sell signals for the major pairs today. Click here to check out the price action of GBP/USD and EUR/USD this morning and you will understand why the USD is currently at crossroads.

Late Session
(Open for yen-crosses pairs)

No. of signal recommendations: 1

End-of-session results: GBP/JPY (+10 pips)

Maximum potential: Over 80 pips !

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