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Long term forecast - New year time
EURO and GBP are expected to gain levels for the New year time
USD/CHF and USD/YEN are are also expected to gain levels
USD/CAD and AUD are expected to make more USD gaining moves
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Quick rise in EURO and GBP are seen as month end extended stop hunt moves before the big correction in this week from month beginning (tomorrow 01 Apr,2008) Operators want to book profits in their positions for month end.So they rise quickly during session start and then drop during US session with some attributes.
Quick rises are sell opportunities to trade along with the operators
Regards
Dr.S.Sivaraman
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