Euro Versus Pound and Franc April 10th

FX Strategy Video > Currency Pairs Analysis

EUR/GBP fell for part of the session on Monday, rose for another part, and finished the session as a long-legged doji. The pair is currently sitting just above the 0.82 level, and this area should be supportive. However, this pair looks weak, so we like selling rallies and a breakdown below the 0.82 level.

EUR/CHF continues to be the slowest moving pair in the Forex world at the moment. With the 1.20 level being so supported, it simply cannot fall - and there is no real reason to own the Euro. However, there is a trade in this pair if you are patient.

Published on 9th of April 2012
eTorro - Trading Starts Here

Start Trading Forex with up to $10,000

  • 100s Videos and FX Strategy articles
  • Advice from our FX traders
  • Practive free with using real time