We are into the last week of the month of November.During month end and new month beginning time the market is known to make very volatile moves to handle the derivatives.
This time we could see more aggressive moves as we are entering into yearly trend reversal time - ie the closing on the current year and the beginning of the New Year time.So keep in mind only swing trades can be done during this time.Very frequently the sentiment will be created in a day and the next…
There was a nice rise in EUO and GBP during early part of Japanese session and now they are making lower level swings.it might create uncertanity to many whether EURO and GBP to rise or fall...both side arguments might be seen in net.
I have explained my expected market moves for the week during mytoday's (17th Nov) Asian session live market analysis webinar.Fx street has recorded the webinar and is displayed in the given below link:…Continue
This week 10-14 November - every one is trying to derive the market differently.After witnessing quick drop and slow rise in EURO and GBP after NFP ,people are uncertain whether there will be reversal and rise or further drop in EURO and GBP.
I have explained the expected market moves for this week during my Asian session :Live market analysis webinar.The recording of the webinar is available in the given below link:…
This week 03-07 November being first week of the month ,we expect very volatile moves in the market.Already big moves are seen in majors and commodity pairs.We could see lower level consolidation with frequent downward stop hunt followed by good rise in EURO and GBP.
I have given the session wise expected moves in the five days of this week and also the range in which the currencies could swing in this week during my Asian session: Live market analysis…Continue