JDFN Financial Network

May 2009 Blog Posts (1)

Dollar collapse continues today

EURO/USD made the expected correction yesterday. Today it has formed the high (1.3616) and low (1.3564) during early Japanese session. It is expected to make volatile moves to cut the low and go below during European session to the expected area of 1.3500 and then rise from late European session to go above the high to the area of 1.3650 and above. Quick drops are buy opportunities during European session to book profit during US session quick rise.





GBP/USD is expected to swing… Continue

Added by Adam Horak on May 12, 2009 at 3:14pm — No Comments

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