XSF-052107Good Morning! This week’s currency neural net models have been updated and all the signals remain the same except for the Swiss Franc. Swissy is now giving a DOWN signal. What’s surprising to me is that my Euro model keeps flashing a STRONG UP signal throughout the recent sell-off. My personal opinion is that this is small correction and the overall trend remains in favor of the Euro. Only time will tell.

  • SF - DOWN
  • JY - DOWN
  • EU - STRONG UP
  • DX - STRONG DOWN
  • BP - STRONG UP
  • AD - UP

Disclosure: Long EURUSD

[tags]Euro, Dollar, Currency, Forex, Trading, Investing[/tags]