Monday (30th May) - the given below is the expected market moves derived from the forecast algorithm.
it may or may not happen- still I am posting it here for those who wish to have the forecast before hand.I suggest traders to use it as an additional input for their trades if feel usable and those who want to reject can do so and give suggestions to improve it if they want to do so.
It is not trade recommentation and may be used to understand the collective behavior of the traders.
EURO is expected to open lower and swing till mid Japanese session and slide.GBP may hold high and try to create bullish feel during japanese session.
Towards close of Japanese session EURO may slide initially and GBP may follow.
After some dip during gap time before European session EURO may quickly rise and slide.That time GBP may slide without any pull back.Late European session may show quick rise and quick drop as reaction to some news or data.
During gap time GBP may slide and EURO may hold and swing,then from US session start a quick drop may be seen till late session.
I have not given any levels here and traders may use the live market quote page and track the type of market moves and understand whether they intend to drop or to rise EURO and GBP during the day.
any type of market analysis can go wrong and deviate from the actuals.So I request the traders to use the stop to limit the risk.
those who want to contribute their ideas are welcome.they can use any type of study and give their expectations.Those want to simply say the system does not work and the market may go opposite of the expectations can also give their calls and suggestions to me and other readers.
I have given the calls based on the GMT time as the market is 24 hrs .