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

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FOMC interest rate decisions and expected market moves

Posted on January 28, 2009 at 11:06 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP again made a quick rise during Japanese session and early European session and are making slow slides now.They are expected to swing near high for late European session and then slide slowly for US session to drop during late US session -during FOMC interest rate announcement.There will be risk aversion moves after the announcement and tomorrow during Japanese session as late reaction.Then a rise and drop during tomorrow European session and further drop during US session.

Friday the market is expected to swing and rise for week end.

I will give more details every day.You may follow the timings and take appropriate positions for either way trading - selling during quick rise or buying during quick drop when they stop the aggressive moves for more than 30 min in a session.

Regards

Dr.Sivaraman

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