Sunday, June 19, 2011

Forex Position Trade June 20 2011


USD/ChF: Swissies still in an uptrend/USD in a downtrend.

USD/$C:  Neutral with a tendency towards USD headed up.

USD/$A USD still bearish but looks like the USD is trying to at least go sideways

Euro/USD: Euro has formed a top, should be headed down or maybe sideways, though rallying this second

GBP/USD Sterling looks for all the world like it wants to go down, though hasn't started yet

Crude: further to go on the downside

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