July 2nd Long-Term Charts

FX Strategy Video > Currency Pairs Analysis

EUR/USD had a wicked reversal at the end of the week - the Germans caved a little, and the world celebrated. Look for strength in the short-term, this is of course before people realize there is still a long way to go!

NZD/USD looks very bullish, and why not? The easy money in Europe should push even more people into commodities. 0.82 looks like a reasonable target now.

The USD/CAD pair is sitting on the precipice for a fall. The 1.0150 level gives way - hello parity!

The GBP/USD pair had an insane Friday as well. It will be interesting to see what this one does, as the BoE should ease this week.

Published on 1st of July 2012
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