Which major to choose

[Marcio]

Hi,
I'm arriving a bit late and missed some classes. But I'm in a marathon to review all past classes to arrive where everybody are.
I know I should choose a preferred major, and I'm taking suggestions about the best currency for a beginner.

Thanks.

[Darlene]

Hi Marcio,

GBP/USD is active today. Eur/USD was busy last week. It really doesn't matter as long as you pick one and PUSH THE BUTTON !

[Marcio]

Thanks Darlene.

[Darlene]

Thanks Darlene.

Hi Marcio,

Joe had mentioned this week that the EUR/USD & GBP/USD should re-adjust to be flowing in the same direction soon. Have you noticed how the 4 majors ended up for the week?

Does this mean that the USD is stronger overall? Or are the EUR, GBP, CHF and JPY all weakening slightly?

Guess I need to research more.

[rfredcpt]

Darlene,
I'm not sure if the EUR/USD and GBPUSD are back parallel yet or not, look at the timeframes. The timeframes daily are more in allignment while the lower are not. Things could be changing, who knows? Look at the tools provided and see what you can see. I'll be doing the same.
Rhonda

[Marcio]

Hi Marcio,

Joe had mentioned this week that the EUR/USD & GBP/USD should re-adjust to be flowing in the same direction soon. Have you noticed how the 4 majors ended up for the week?

Does this mean that the USD is stronger overall? Or are the EUR, GBP, CHF and JPY all weakening slightly?

Guess I need to research more.
Hi Darlene,
I can't come to a conclusion on this point (please share your research).
But looking in the weekly report and in the graphs, I've noticed that USD is generally stronger than others currencies, and that GBP is weaker than USD but stronger than EUR, JPY and CHF.
I've noticed also that CAD gainned a little bit over USD.
EURUSD = -2.19%
GBPUSD = -1.01%
USDCHF = +1.44%
USDJPY = +1.98%
EURJPY = -0.17%
GBPJPY = +1.12%
GBPCHF = +0.26%
USDCAD = -0,17%
EURGBP = -1,29%