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Forex Market Readings and Forecast
Understanding Forex Market Moves
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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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Typical trend reversal moves namely contrarian moves are happening in the market.Euro firming up and GBP drop,GBP drop and USD/YEN dip are contrarian moves seen during trend reversal time.They make the stop hunts in Commodity pairs,YEN crosses,Majors and European crosses in sequence during this time.Lower level stop hunts are buy opportunities and higher level stop hunts are sell opportunities in crosses during this phase of trend reversal.Understand how the operators handle the majors and crosses using different strategies to trade at ease.
Become our member and learn to read the operators intentions at ease from time to time from their market moves.
Regards
Dr.Sivaraman
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