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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

update: 14:43 GMT

Today (14th May) I have presented ” Asian session : Live market analysis ” webinar and the recording of the same is available in the given below link:

http://www.fxstreet.com/webinars/sessions/session.aspx?id=b6e823a0-…

Today’s drop in EURO appears like weak beginning false move when GBP is holding in a range Euro dropped to drop further EURO/GBP and other other EURO crosses.US session could give us the light to see what the players wanting to do in coming days.The forecast based expectations are given in the webinar – the market reading indicates that the players made the intentional move on the downside mainly in EURO and nominally in AUD.This may be followed by extended move on the upside.Tomorrow’s intentional move may be on the upside.

Regards

Dr.Sivaraman

update: 02:36 GMT

EURO and GBP made the slide again on Friday towards close of the session.Now further slide is seen during week beginning .They are expected to limit the rise to early Japanese session and then make recovery moves.

During Japanese session dip and firm up moves are expected.

Swing and rise moves may be seen during European session.

early US session dip followed by rise may be seen from mid US session.

Market may appear bearish.But the players are holding low and testing patience of the long holders and also discourage buy and sell trades.But when all are willing to sell some one is buying – we may know their intentions revealed shortly.Use hedging order to limit the risk while trading during major trend reversal time.

Regards

Dr.Sivaraman

update;02;51 GMT

market appear very uncertain- after a rise the drop alternate for new day beginning.But the players are hitting the stops of the long holders before hitting the stops of the short sellers towards close of US session.

Dip and rise are the expected moves during japanese session.

quick rise and higher level swings are expected during European session.

Slow and quick rise moves are expected to happen during US session for week end.

Regards

Dr.Sivaraman

 

update:04:15 GMT

EURO and GBP yesterday made the lower level consolidation with downward stop hunt moves.The buy strategies of players.

Today during japanese session swing and  rise moves are expected.

Quick dip and quick rise moves are expected during European session. BOE rate decision is to be announced by 11:00 GMT.They are expected to make session start rise in EURO and GBP and make the dip in GBP  before the announcement.After some volatile moves they are expected to rise EURO and GBP during late European session.

swing and rise moves are expected during US session.

Regards

Dr.Sivaraman

 

update:02;37 GMT

Yesterday players have down drop followed by lower level consolidation with frequent downward stop hunts.These are their strategies to accumulate lower level buy positions before making a quick rise to book profit in their buy positions at higher levels.Since the market volume has come down they are taking more time to do consolidations every time when the market comes to lower levels.they are not doing higher level consolidations for a long time indicating that they are not building sell positions ,instead they only book profit in their buys and allow the market to slide to buy again.

Today for mid week they are expected to swing and gain levels during Japanese session.

higher level swings may be seen during European session

During US session they are expected to rise levels to take up market to further higher levels before and after tomorrow’s BOE interest rate decision time.

Use hedging order /stop in your trading to limit the risk

Regards

Dr.Sivaraman

update:02:53 GMT

EURO and GBP gained after the week beginning false move on the downside.They are expected to swing and gain slowly during  the day.The gains may alternate with gains in denominator currencies .

During Japanese session EURO and GBP are expected to make nominal swings.

From early European session there may be a quick rise in them.But slide may be seen during late European session.

swing and rise moves may be seen during US session.

At the end of the day nominal gains may be seen in EURO and GBP.USD/CHF and USD/YEN are also expected to gain nominally during  the day.

Regards

Dr.Sivaraman