Is it time now? uhm…..EUR/USD, NZD/USD
February 24, 2008 – 10:38 pmI was soooo focused on Aussie dollar last week, and I will still do this week. However, during my Sunday night chart scanning, EUR/USD jumps out. I like what it is presenting to me on the chart. I see it as a accumulating process. The strength is building up, and we are firing above 1.5 soon. What do you think?
You can say that we are hitting the resistance level soon. Yup, I won’t ignore this fact, but I am positive. I am looking at 1.5-ish, and the dying USD. Looking at USDCHF and USDJPY, I am bearish about dollar. These are my opinion. And, as usual, you know, I am always wrong. 
Here is the Trend Score I am looking at:
Here is the ……. CHART!
Another interesting pair that catches my eyes is Kiwi. NZDUSD. We are reaching previous high. I am looking at new high. I will start looking for long entry point when we Kiwi makes new high. Let’s see how it goes.
Here is the Trend Score:
Here is the ……….CHART!
That’s enough for Sunday night. Time to catch some sleep. See you next week, and have a good trading week ahead!
From the desk of Tradergav.com
You might be interested in reading these as well
Tags: Forex Blogroll, FX, Trading Journal
Hey Gav,
Funny you mention NZDUSD cause I am long on that pair since Friday upon the breakout-pullback-continuation of the 0.7950 former double-top on the Daily chart. I will follow very closely how market opens on sunday evening.
Regarding EURUSD, I am not joining longs until 1.4950/1.5000 give way to the upside.
-HECTOR-