Expected market moves for week end (16th Nov)

EURO and GBP made the visible gain moves yesterday during US session.Now during  early Japanese session they have made a small dip to firm up again towards close of Japanese session.

Quick dip and quick rise moves may be seen during European session.swing and rise moves are expected during US session for the week end.

More aggressive gains are expected from next week.



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Comment by Dr. Sivaraman on November 16, 2012 at 5:07pm

Dear Edgars

Today being Friday the whipsaw move was seen during start of US session.They may gain again the levels - swing of 50-60 pips between low and high indicate these are low volume swings - that may be the reson for prolonged consolidation.I was expecting only nominal gains this week - next week onwards more quick moves may be seen .

I will review and present during my Monday webinar time.

happy week end




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