Euro and GBP lost all the gains made yesterday now and swing near Friday close levels.

They have made the swing and slide moves during Japanese session to show firming up moves Towards close of the session.During European session they are expected to swing rise to gain the lost ground.During US session swing and quick rises are expected.Buy and sell swing trade opportunities prevail in all pairs as the contrarian moves are expected to happen today to handle the crosses alternatively.

Posted on May 11, 2010 at 7:20 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Views: 26

Comment by Happypips on June 3, 2010 at 11:53am
GBP/USD on a weekly chart-there is a double bottom forming/You can see it better on a monthly chart.
Comment by Happypips on June 3, 2010 at 11:54am
Prepare to trade into space(buy)signal


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