Tuesday, February 13, 2007

GERMAN GDP numbers came better than expected.

German GDP came better than expected at 0.9% qoq against 0.6% expected number. In few min time this pair generated a hardly 30 to 40 pips of rise.
Well in the case of EUR/GBP here i didnt find any great movement, i saw a upward of 20 pips so i didnt take the charts.

EUR/USD - 5 MIN CHART > THIS PAIR GENERATED 30 PIPS UPWARD MOVEMENT


EUR/JPY - 5 MIN CHART > THIS PAIR GENERATED 40 PIPS OF UPWARD MOVEMENT.

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