Opportunity of The Week (8 - 14 June)

Discussion in 'Forex' started by Alchemist123, Jun 7, 2008.

  1. EUR/USD spot and EUR/CAD provides wonderful opportunity next week.

    The recent strong surge influx of cash to EURO and the visible weakness of USD may provide long opportunity for next week.

    And despite the strength of crude oil in a recent times, it seems many producers short heavily to protect their businesses, therefore provide a long opportunity for this currency pairs.

    Just my thought:D

    What do you think?
  2. Proved wrong:cool:
  3. yes, my experiment with COT report didn't come well:(

    Seems COT report influences futures market more than currency market. I suspect governments pay more influence rather than commercials.

    I'll be back with another experiment:D