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Operators' intentions read by Dr. S. Sivaraman, of i-knowindices.com

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Week end expected moves

Posted on January 23, 2009 at 6:49 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP are making range bound swings for the start of the day during Japanese session.They are expected to go near low or cut low before UK data release time 09:30 GMT and rise quickly towards high and then firm up towards close of European session.Then after the gap time false dip they are expected to firm up quickly during US session for week end close.

Next week - the last week of the month the market volatility will be very high and unassuming upward spikes are expected from week beginning itself.Market may test patience but it rewards the patient traders and the impulsive or emotional traders quickly change their sentiments and get trapped unexpectedly.Trade calmly the players cannot take away money from every one.They do give profits for the patient and sensible traders.

Regards

Dr.Sivaraman

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