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Euro Crosses Video Analysis


June 07 2011

Markets are very calm today during the US trading session, with majors trapped in a very tight range. As such, it’s a perfect time to look at some cross pairs, especially with Euro, which is in a quite bullish mode for the past few days and weeks.

We will take a look on the Eur/Aud which found the support in the past month around 1.3220 and is looking very constructive on the upside for the next few weeks.

We will also review weekly, daily and 4h charts on Eur/Chf, where pair is trading sharply down as traders look for safety in Swiss franc, especially since stocks turned lower in Early May.

Eur/Gbp also looks very interesting within a current bullish mode, which however it may not take so long, as highlighted in the video.

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