Monday, February 1, 2010

New week/month beginning

Here starts the new week and month of February. Last week many pairs maintained and accelerated thier trends against the USD. Euro and GBP losing heavily while CHF gained.

This general trends may undergo a correction some time in the near future. Hopefully may give a chance to enter the market, do not know when though I do know it will.

USD/JPY seems to be consolidating to start its downtrend again. Again when that may happen is any body's guess.