June Month end and quarter end - expected market moves

market is known to make very volatile moves during month end time.Either way quick moves are part of such volatile moves.

Euro and GBP quickly gained the levels during start of japanese session and made the slide.

early european session quick gain followed by immediate drop are the expected moves.Late european session again a quick rise may be seen to make swing and drop move during US session.

Currenly except AUD and EURO other currencies are showing negative net change.there may be a move to show all currencoes in negative net change during mid european session.Later denominator currencies may gain for the day.

Regards

Dr.Sivaraman

 

Views: 76

Comment by manan shah on June 30, 2011 at 9:02am
hi dr,

what do you expect on euro/gbp? its 9040?

thanks

manan
Comment by Dr. Sivaraman on June 30, 2011 at 10:03am

Dear manan

EURO/GBP is expected to make nominal slide today and more tomorrow.

Regards

Dr.Sivaraman

Comment by Ary Mulyono on June 30, 2011 at 11:18am

hi Dr.

could eur/usd slide to 1.4200 again in this week?

thanks

Comment by ATF on June 30, 2011 at 3:27pm

SIR ANY WORD ABOUT EUR/USD PLZ ??????

 

Comment by Vinesh Jagmohan on June 30, 2011 at 3:34pm
Doc do you expect EURO to drop ? ECB is expected to raise interest rates next week.
Comment by BA on June 30, 2011 at 10:54pm
The big drop is coming I can just feel it-

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