Market Commentary

Welcome to the brainyforex newsletter special commentary.

Market Update 26 November 2009

US Dollar daily chart 25 November 2009.

As anticipated in yesterdays market commentary we now have a break in the 75c US Dollar natural square level.

We now have established bullish forecasts for AUD/USD, EUR/USD and GBP/USD.
And bearish forecasts for USD/JPY, USD/CAD and USD/CHF.

What-ever time frames you are trading, the highest probabilities of being correct will be achieved by trading 'with the main trend'. A good strategy would be to wait for rallies against the main trend (a pull-back) and then enter your position with reduced risk.

Regards
Fritz
www.brainyforex.com