slow gains
EURO and GBP opened low and dropped during japanese session to gain slowly from early european session.they are expected to gain further towards close of the session.US session may show swing and further gain moves.
Tomorrow again open low and gaining moves may be seen.Slow gains are intentional moves.After quick drop we see the slow gains to induce short sellering thinking that they are pull backs.More gains are expected in EURO and GBP in this week.USD/CHF is expected to swing and gain more.
USD/YEN and YEN crosses may drop and gain during this week to gain more.After quick drop YEN crosses may show one sided gains along with USD/YEN
USD/CAD has reached parity as expected.It may gain and swing in the range of 1.01-0.9950 area for some time and then gain more.Aud is expected to slowly lose levels and trade below parity in this month.
EURO/GBP may also show further drop in the course of this month.
Regards
Dr.Sivaraman
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Comment by vjsamy on September 12, 2011 at 11:21am -
dear DR
can you please tell me what do you expect in usd/chf
will it go up
thankyou
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Comment by Dr. Sivaraman on September 12, 2011 at 12:18pm -
Dear vjsamy
Yes expected to go up.
Regards
Dr.Sivaraman
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Comment by vjsamy on September 12, 2011 at 12:23pm
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thankyou DR
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Comment by Akash Jain on September 12, 2011 at 12:37pm -
Hello Doc
What is the range of EURUSD and GBPUSD do you think for this week?
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Comment by Mathew on September 12, 2011 at 12:40pm
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you are perceiving the market very differently sir.. you are very much rigid with discipline of trading in the forex market... as far as im concerned, you are saving small traders from that of the players not to lose the money... you are not misguiding anyone here.. but people are taking the guidelines in other way and due to greediness and lack of insight pertaining to the market... still traders r losing money.... anyhow, i wish n request you to continue the same... god bless u for sure for your service...
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Comment by Vinesh Jagmohan on September 12, 2011 at 2:54pm
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Doc do you expect YEN pairs to rise this week? USD/JPY and EURO/JPY?
Comment
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