majors-24-feb-09

After drifting back to their highs for the day against the USD, the AUD, Cable and EUR are backing off a little bit as London wakes up this morning. Not a great deal floating around information wise yet but if i get anything juicy i will certainly pass it on.

As far as the EUR crosses go, EUR/GBP is up off its lows on some early morning profit taking in Europe, EUR/JPY continues to push higher but be careful with your entry level on EUR/JPY as a 200-300 point dip can happen pretty quickly.

crosses-24-feb-09

As for EUR/CHF, no change in the game plan there, look to buy dips to 1.4770/80 with a stop below 1.4700 for 1.5000+.