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The “Risk Seekers” return to the market today!
By Sean Hyman | June 18, 2009
The risk seekers finally re-emerge! Today, the biggest percentage gainers are NZD/JPY (up 2.12% on the day), AUD/JPY (+1.85%), NZD/USD (+1.52%), AUD/USD (+1.14%). So the theme of the day is: commodity dollars vs. the dollar and yen. Now that these pairs have had a significant pull back and consolidation…see if they can breakout into new recent highs. If so, you might consider breakout entries to the upside and see if this thing “has wings”.
Tags: AUD, blog, breakout, commodity, currency, dollar, forex, fxedu, Hyman, jpy, momentum, mywealth, nzd, pair, percentage gainers, Sean, Sean Hyman, USD, Yen
Topics: What To Look At In The Market | No Comments »