Sunday, May 27, 2007

Heads Up, It's Monday Again...

Let me start off by saying that this coming week will be one hell of a roller-coaster ride for us, we have all the first-tier news packed in one week, and I expect that the current consolication trading to give way,..and I'm so happy about that. Here's my analysis, for those who cares for it anyway..I expect the euro to regain its strength, and the dollar to slide in the wake of NFP and ISM news.

Pivot Points:
R3 = 1.3535
R2 = 1.3504
R1 = 1.3473
PP = 1.3442
S1 = 1.3412
S2 = 1.3380
S3 = 1.3349
Trading ideas = buy 1.3410-1.3420, sell 1.3510
Good luck guys,.

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