Forex Market Readings and Forecast

EURO and GBP made the firming up moves for week end.they are expected to make quick false move for start of the last week of the month and then firm up more and more during rest of the week.

Do buy and sell trades in other majors.EURO and GBP are expected to rise more and dips are buy opportunities.besides USD/YEN,USD/CHF are also expected to make quick rise as contrarian moves along with EURO/USD,GBP/USD and AUD/USD.

Regards

Dr.Sivaraman

EURO and GBP made downward extended stop hunts to set the lows for the season and firmed up during week end.They are expected to make upward stop hunt and downward stop hunt moves before making further rise.

Quick rises are sell opportunities and quick drops are buy opportunities in your swing trades.

They are expected to make swing and rise moves in coming days.

Regards

Dr.Sivaraman

URO and GBP are poised for a quick rise to hit the stops of the short sellers and slide big in this week as month end move.Qucik rises are sell opportunities in them.Avoid buy and sell trades as they rtises could be short lived.

Regards

Dr.Sivaraman

Week beginning false rise move is seen in EURO and GBP to drop from Mid European session in a big way.The trigger may be any but the fall will be significant.

Regards

Dr.Sivaraman

EURO and GBP made the slide for the week beginning.They are expected to make volatile moves just to hit the stops of lower level short sellers and higher level buyers alternatively before further slide/Only greedy traders expecte the market to make the moves quickly as they expect.But the big players know well how to trap them before the next drop.

Stop hunt rises are sell opportunities above the initial high set for the day to cover during quick drop.

Regards

Dr.Sivaraman

Other majors made the rise as expected and are now expected to under go month end and new month beginning trend reversal.In that process USD is expected to gain big against other majors.

Sell and buy trades are recommended in them.

Regards

Dr.Sivaraman

As per our expectations EURO and GBP have firmed up now.They are expected to firm up further till week end.Dips are buy opportunities in them.

Monthly trend reversal moves will be highly volatile.Calmly watch and trade.

Regards

Dr.Sivaraman

Extended stop hunt is made in GBP holding EURO to rise EURO/GBP.Now they will briefly consolidate near low and then firm up GBP and spike up big during Early US session.

Regards

Dr.Sivaraman

EURO and GBP are expected to make unexpected volatile moves in this week with more contrarian moves like USD/YEN rising along with them.Sudden rise and holding high and then sudden drop and holding low will really confuse the bullish and bearish traders alternatively.

You can take positions during  quick moves - sell during rise and cover during correction as your swing trades.

Regards

Dr.Sivaraman