month end and week end time - visible gains

Dear All

Now for the month end and week end time visible gains are seen in EURO,GBP,USD/YEN.AUD and USD cad are showing USD gaining moves.A contrarian move to handle the crosses.So after handling the crosses they came to majors and now  making extreme moves in crosses to hit the stops - acted against the market sentiment.From late european session they are expected to make extreme moves in majors for the month end.

We have seen during japanese session swing and firm up moves in EURO and GBP.

During European session dip and rise moves are expected.

US session may show very quick rise during early session .Then quick drop during mid session followed by firming up move towards the close of US session.During the process USD/YEN may drop suddenly.

Next week agaim we may see volatile moves before the upward trending moves for year end time.



Views: 132

Comment by Dr. Sivaraman on November 30, 2012 at 1:44pm

Dear All

European session close dip is to rise quickly during Early US session.Then swing during mid US session may be seen to rise again towards close for week end.




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