Monday, July 9, 2007

The Euro Is Consolidating Near The Year High

I really don't have anything new to say about the forex markets because I only follow about 6 or 7 currencies and they aren't doing much.

As you can see in the above chart the Euro is consolidating just below the year high. I am still long the British pound, Swiss Franc and Euro. We'll see if they can push higher here.


FTGGOG said...

Great call! I should have bought it. Your charts and commentary are
simple,short and easy to understand and very accurate.

Kevin said...