For the new year more and more contrarian moves are seen in the market.When all were thinking EURO can rise but not GBP,the reverse is happening - Euro dropping from 01 Jan till date and GBP appear dropping but holding and firming up slowly every day.Similarly CHF is weakening but less compared to EURO drop.USD/YEN is slowly firming up every day.AUD/USD is making swing and rise but USD/CAD is dropping big every day.All these contrarian moves are to handle the European crosses and YEN crosses.
Why such a move.?
Big players made the massive upward stop hunt in crosses for last year end and now they are dropping them to by from thee bullish traders holding higher level longs in those crosses.
What we can expect from such moves for month beginning ?
From mid month the players will focus more on the majors and make them stronger against USD,till such time the contrarian moves are expected to prevail.
Regards
Dr.Sivaraman
Operators' intentions read by 
