waTQxlgZY7fb0MUGSdz3NzE_GX0 megatrade101.com - Fx Market Perspective

Market Analysis SRO5.15

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USDx - CHF - EUR

The opening of the 2nd quarter for the Foreign Exchange market has expectedly been volatile with prices going in both directions daily across the board due to several re-emerging news from Greece, Spain, Germany and the United States.

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Fx Volatility

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French Elections - USDx _ Majors & Crosses

European Majors & Crosses across the board went sharply lower after the Greek and French elections outcome which backed anti-austerity candidates against French President Sarkozy.

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Trend focus on Cross rates

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USDx - GBPJPY - EURJPY

The two previous market analysis has viewed FX prices widened considerably with the GBPUSD and the Japanese Yen both gaining against the USD.

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A Forex Squeeze & a Jolt

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When contracting price action occurs in the forex market expect an increase in price volatility and a much wider price fluctuation from a session to session basis.

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Behavioral Price action vs.

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TECHNICAL & FUNDAMENTAL - USDX, EURO & CABLE

Fed Ben Bernanke's comments have been played cautiously with the Fed still ready to do more if and whenever they need to to spur economic growth. Many have a mixed of interpretation but however more downplayed hawkish rather than dovish so to speak.

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