Euro gain during mid European session

Now speech is used as a trigger to gain quickly the levels in EURO and EURO/GBP and other EURO crosses when it is holiday in EUrope.After the extended move of 150 pips net change level the intentional move is expected to happen during late European session through US session.it could be the slide and drop moves in EURO and GBP.the drop may continue till tomorrow early european session.

Either way big moves are happening in the market during thin volume conditions.

Regards

Dr.Sivaraman

Tags: EURO

2 members like this

Comment by ceasar on June 2, 2011 at 12:14pm: What is the expected move for AUD ?

Comment by scooty on June 2, 2011 at 12:37pm: now a day, day light mode in economical calendar is OFF or ON

Comment by Anita Kumari on June 2, 2011 at 1:19pm: Dear Doc,

after extended move in EUR,could it drop to 1.4200-1.4250 level before non farm or 200 pips drop is little more to expect?

Thanks,

Anita