Yesterday we have seen the market making small swings for the FOMC and today continuing the slide as expected (continuation of unassuming slide).
Now we are on the month end.Then tomorrow the market is expected to make week end and month beginning moves....how the move will be?????? - listen to the recorded webinar....
I have explained the expected market moves for today and tomorrow during my Asian session: Live market analysis webinar.The…Continue
Now we see more visible slides in EURO and GBP as unassuming slide.The players do this way for the traders to buy near the statistical support and then take the market lower to induce long liquidation.This I have explained earlier that the players are to trap the buy and sell traders ( bullish traders) this time.
We could see the continuation of the drop in EURO and GBP and USD gaining moves before and after FOMC.(18:00 GMT)
EURO and GBP are making very slow unassuming slide.Whether the US data is negative or positive EURO and GBP pretend to firm up but slide.EURO and GBP cannot make the moves on upside or down on their own,the banks have to move them by making volume buying or volume selling.The bankers place the orders based on the order flow from their high net worth clients.So the high net worth clients feel that EURO and GBP could make further slide as they have built up huge sell positions…Continue
We have come to the fourth week of the month of July.The market mometum could intensify due to built up positions over the weeks.
This week 21-25 July the market may show more visible USD gaining moves.
I have explained the expected market moves for this week during my Asian session : Live market analysis webinar.The recording of the same is available in the given below link.…Continue