expected market moves for today-11 july

EURO and GBP made the gain and slide moves after NFP on Friday to continue the slide from this week.

EURO and GBP are expected to swing and slide furing Japanese session.Week beginning false move might have been restricted to early japanese session.

A quick drop and some volatile moves are expected during European session.

US session may show some drop and swing moves for the day.

Denominator currencies after lower level holding as week beginning false move may gain levels during the day.

The safe haven commodities like Gold and silver may lose the shine ( gain) during the day.

Regards

Dr.Sivaraman

3 members like this

Comment by sabbir on July 11, 2011 at 8:07am: nice work DOC, pls ignore all foul messages.

Comment by dev on July 11, 2011 at 8:13am: Dear Doc...pls let me know why there is so much of volatility in the market without any event or news... i think trend of euro and usd is not clear by the traders.... any time trend may change and follow in any one direction...pls correct me if i am wrong..

Comment by Dr. Sivaraman on July 11, 2011 at 8:48am: dear dev

the trend is down only in EURO,GBP and AUD.the players make the market appear respecting fundamental or technical and then trap the traders once the traders commit positions.Volatility is to create uncertanity so that traders may feel they can easily trade with what is visble - but what is the hidden agenda of the players are to be read to make trades along with them.

Regards

Dr.sivaraman

Comment by Jack Collins on July 11, 2011 at 9:13am: Doctor, are you expecting any correction in EUR/USD any time soon? Don't you think 150 pips negative change is a little too much for a monday morning session?

Comment by Dr. Sivaraman on July 11, 2011 at 9:49am: Dear jack

Intentional move is in process.There may be nominal pull backs during session change- but they may continue the move during us session.They are known to make 200-250 pips net changes at times due to want of liquidity.

Regards

Dr.sivaraman

Comment by dev on July 11, 2011 at 10:29am: THANKS DOC.....BUT THERE IS STILL OPENING GAP IN MAJOR PAIR...WHAT IS YOUR VIEW

Comment by fammira on July 11, 2011 at 10:38am: 1.41 may give way, 1.40 may be a bit harder, but maybe will follow later this week....

Comment by Gregor on July 11, 2011 at 11:40am: Dear dr.,

by alg. eur/aud to new lows in July before correction next month? (as eur/chf?)

Best regards,

G.