EURO and GBP are making quick either way moves .many contrarian moves are seen now.EURO with positive net change and GBp negative net change,EURO and USD/CHF with positive net change.GBP and USD/YEN shwoing negative net change.All these moves are indicating the players are handling the crosses now.majors may be handled from mid session to make usd gaining move /profit booking move.

Regards

Dr.Sivaraman

Views: 31

Comment by jefe on June 30, 2011 at 4:27pm

Dr,

 

We know GBP is used to create market sentiment-- perhaps they dropped GBP and only Slide EU/ AU to BUY all three.  With USD holiday- and thin volume- there's no reason to not continue upwards in EU and force short coverings....

Comment by ceasar on July 1, 2011 at 3:09am

Dr,

 

What is your take on AUD/USD...?

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