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
Traders might be wondering whether the carry trade has come in.But operators made the rise in USD’/YEN from 101 to 103 area quickly as shift in trading zone.They are expected to rise more USD/YEN to 107 area in coming days and then drop big EURO and GBP.The trending move is set in for USD to gain in coming days.However when traders short EURO and GBP during drop, they will be trapped as the operators want more buyers during drop.If traders sell after correction,then the operators buy their sells and trap them with an upward move and then drop once they are stoppedout.
As hedging many might think shorting USD/YEN could be useful.But they will face one sided rise as a surprise move of the market.
Try to sell other majors when they make quick gains rather than trying to do eitherway trades.
Regards
Dr.Sivaraman
Finally operators have given up their rising of Euro and Euro crosses and stated the reverse.As per the forecast expectations they are now holding GBP and sliding EURO as final phase of trend reversal and commencement of trending move.USD is expected to gain in a big way in this process.
Regards
Dr.Sivaraman
Operators took longer time to make final trend reversal moves in European crosses,mainly EURO/GBP.They made the rise in EURO and drop in GBP every day and gained levels in EURO/GBP as extended stop hunt move and now they are rising GBP and dropping EURO to drop EURO/GBP.They will then slide more EURO and less in GBP to drop more their cross and then all pairs will exhibit trending move – the USD gaining moves in a big way.Watch the market and read the intentions of the operators to make decisive trading.
Regards
Dr.Sivaraman
Operators are making contrarian moves of rising EURO and holding GBP just to rise EURO/GBP cross and to handle other european crosses.By this they induce the short sellers in EURO and EURO/GBP to do the short covering in distress before the big drop and reversal move they are expected to make in coming days…watch and understand their intentions to trade without any market fear.
Regards
Dr.Sivaraman
After the extended stop hunt rise in EURO and GBP yesterday and today before the interest rate announcement time,the operators are now making their intentional move of correcting other majors.So understand that they make false move before data and make real move after the data.
If you read well the operators intentions,then trading will become easy and enjoyable and no more stressful condition and losing money.
Regards
Dr.Sivaraman
As an anticlimax move,operators are now making extended stop hunts before the slide they intend to do for interest rates announcement times.Once we witness the move ( slide in other majors) after data release tomorrow,we will understand that operators always make false moves before the data release and make the intentional move after the data release irrespective of the nature of data -whether it is positive or negative to USD.
Watch and understand their act .
Regards
Dr.Sivaraman