13th Nov- Expected market moves for the day

EURO and GBP made prolonged lower level consolidation testing the patience of the long holders and inducing the traders to make sell and buy trades.But the players are holding the market in a very narrow range to make either way stop hunts - second day of the week.

During Japanese session dip and swing moves are expected.Towards close of the session firming up may be seen.

During early European session quick upward move may be seen followed by slow swing and gain moves during late European session.

US session may show a small dip and further firming up moves.

Tomorrow onwards upward gap opening and further gain moves may be seen.then we may learn thatr the players created the market sentiment and acted against the traders.



Views: 609

Comment by Dr. Sivaraman on November 13, 2012 at 3:29pm
Dear Pico
USD/CAD and AUD they are holding in positive net change indicating they are handling the crosses.Also they intend to make contrarian move of rising the numerator and denominator currencies.
So USD/CAD and AUD they may firm up more in coming days.
Comment by prince NG on November 13, 2012 at 5:34pm

thanks for your forecast.do you see GU,EU,EJ,GJ rising upto 150pips this week or would there be any drop before they rise.thanks for your response

Comment by prince NG on November 13, 2012 at 5:35pm

would they bridge theirrecent lows?


You need to be a member of Forex Social Network to add comments!


© 2018   Created by FXStreet.   Powered by

Badges  |  Report an Issue  |  Terms of Service


Live Video