Sunday, March 14, 2010

Another Week

Traders,

Another week begins which gives hope for new opportunities in the forex. The FOMC does meet on Tuesday, but the expectation remains that they will keep rates the SAME?? If they do surprise, then expect a major sentiment shift across the board concerning the dollar. We see the gbp/usd trying to make its way up to the 1.5250 area. It couldn't do it on Friday so maybe this week? Good luck traders and let's make some pips!!

To the Summit,

4xSummit