Friday, March 28, 2008

What's Happen on Forex Market...

Hi Traders....

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U.S. Dollar Trading (USD)- was firm against a number of majors on the back of a string positive economic data. GDP figures were confirmed at 0.6% for the fourth quarter with an upward revision of consumption to 2.3% from the previous 1.9%...

EUR/USD-The pair is consolidating at 1.5780 on the short term, and it appears that the momentum on the 4 hour chart is moderately bullish. The daily chart is showing that an attempt to breach through the 1.5850 is quite imminent, and might occur as early as the beginning of next week. Going long appears to preferable today...




Have a nice weekend...
Forex.DelijaWorld.com

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