Commodity pairs lead the way
When the market appear that further USD weakening moves may happen- the commodities and commodity pairs are leading the other way move.they reverse first during sequential trend reversal move. and set the trend once the market trend becomes visible.
Creating USD weakening moves the players have bought USD against other currencies.We may see their intentions revealed by end of this week.
Regards
Dr.Sivaraman
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Comment by Anurag on May 4, 2011 at 6:08pm -
Sir can we expect weakening of GOLD n' SILVER also
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Comment by Dr. Sivaraman on May 4, 2011 at 6:39pm -
Dear Anurag
Yes swing and slide moves are expected in them also.
Regards
Dr.Sivaraman
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