FOREX New York Session Video January 28, 2008

U.S. dollar weakness was prevalent across the major currency pairs during today's London session. Technical and fundamental analyses suggested that the EUR/USD was likely the pair most conducive to a significant continuation of the prior USD-driven moves. The euro did not disapppoint during the New York session. Traders who combined a conservative long trade entry with an exit at today's M4 pivot point, earned a profit of between 50 and 75 pips (depending on entry).