Expected market moves for mid week
sequential trend reversal is in process.After making the USD gaining moves in commodity pairs,the reversal was almost done simultaneously in YEn crosses,majors and European crosses during yesterday.The final extended stop hunt may be seen in GBP either today or tomorrow to create just the bullish sentiment and then the slide may continue ( USD gaining moves may be seen in all) .
Today
japanese session may show swing and slide move
'European session may show diop and firm up move
US session is expected to show swing and slide move .
In the process more USd gaining moves may be seen.
Regards
Dr.Sivaraman
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Comment by Sundaram on May 4, 2011 at 6:51am -
Dear Dr,
Can I hold a short position in AU? What is your view on AU and gold in the coming weeks?
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Comment by Dr. Sivaraman on May 4, 2011 at 7:15am -
Dear sundaram
you can keep stop at entry and hold to maximize the profit .AUD,GOLD and silver are expected to swing and slide for 2-3 weeks.
Regards
dr.sivaraman
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Comment by Gregor on May 4, 2011 at 7:27am -
Dear dr.,
do you think these historicaly levels in AUD and CHF (above/above paritiy) can be sustained for a prolonged period of time, i.e. some years or so?
Comment
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