EURO and GBP made the drop during start of japanese session along with USD/YEN as month end downward contrarian move.they are expected to recover towards close of Japanese session and then rise quickly during start of European session.After brief dip  and swings during mid European session they are expected to recover towards close of European session.During US session as continuation of contrarian move EURO,GBP and USD/YEN are expected to slowly rise till close as month end move.

Tomorrow for new month beginning  an aggressive rise is expected in them.

Regards

Dr.Sivaraman

EURO and GBP are making varied time up and down moves besides the non related moves in other currencies mainly to handle all the crosses.The players are expected to focus on the majors during late US session and firm up quickly to make the quick rise for month end on monday.they are expected to focus on majors at that time.towards close of US session they are expected to rise EURO and GBP to high set for today.

Regards

Dr.Sivaraman

yesterday and  till early european session EURO and GBP were making subdued moves creating the feel as if there is tyhin volume market- but the players were testing patience of the traders to liquidate long positions out of fear and to sell near the low for the season to recover their losses made in long liquidation- but the players made the other way move to trap such emotional traders.Players trap either way and we need to trade objectively.Now for week end they are expected to make big moves and also during next week as surprise to traders.EURO and GBP are expected to gain in that process.EURO/GBP they are keeping for sale hence more rise in GBp than euro in net change.

Regards

Dr.Sivaraman

As part of Month end move,players made the slow drop with lower level consolidation in EURO and GBP with focus to rise EURO/GBP to trap any level short sellers to come for short covering.Till week end they are expected to gain levels and induce further short covering from traders in European crosses.In japanese yen crosses they are doing downward drop to trap all level buyers to liquidate.In this process EURO has gained ,GBP and USD/YEN dropped .USD/CHF and USD/CAD wide range swings are being shown to make the traders to do sell on rise and buy on corrections- all these are month end trap moves to make moves opposite to it from today till Monday and first week of September.

Today EURO and GBP gained during start of japanese session and later GBP alone made the dip to rise EURO/GBP.So it is more of EURO/GBP play rather than GBP weakness.

EURO and GBP are expected to make a brief dip during late japanese session and then recover the momentum to rise during European session.More rise is expected during US session- initially rising more EURO when compared with GBP and later rise GBP aggressively holding EURO to drop EURO/GBP -after short covering the players are expected to drop quickly EURO/GBP to buy against their sell positions built up now.

In all currencies try to trade using hedging to limit the risk during quick reversal moves,also keep stop at entry once the position makes profit to eleminate the risk as essential trading strategy.

I will give updates as and when I read their moves before hand.

Regards

Dr.sivaraman

EURO and GBP made very little reaction to GDP data release and made their own way of contrarian moves - euro holding and gbp dippingm, and USD/YEN dipping after european session close rise.Players are inducing bearish feel in the market and buying at lower levels.Once the panic traders cut their longs position the  players are expected to recover euro and gbp initially today, and tomorrow  and monday they could make the month end upward rise.

Regards

Dr.Sivaraman

traders are waiting for US GDP data, expected to be announced by 12:30 GMT.Players are busy making narrow range contrarian moves to hit the stops in the crosses befroe coming to majors in making quick moves.

By 12:00 GMT EURO and GBP are expected to make brief dip and then false move of dip before GDP data release and then a quick rise till close of European session and further swing and rise during US session are the expected moves.They could make another 3rd level dip in USD/YEN and use that as trigger for EURO and GBP to rise.Month end time more frequent false moves and volatile moves ciould be seen - trade with care.

Regards

Dr.Sivaraman

Markets are known to form sentiments like bullish and bearish and a surprise change happen every time for the traders to repent that they missed the great trading opportunity.market sentiments are short lived.During trend reversal time this sort of fear creating moves and common.

Today EURO and GBP are expected to swing near low during start of Japanese session and firm up.During European session subdued moves could be seen.During GDP data release time a  false dip and then quick rises are expected.US session moves could show EURO and GBP rising significantly.

These are expected moves derived from the forecast algorithm.Still limit the risk using hedging till the position makes profit and then keep stop at entry to eleminate the risk.

Regards

Dr.Sivaraman

GBP is making prolonged lower level consolidation with downward stop hunts,cutting the initial low and then come again and go below to form another low and come again above initial low - the traders are nervously holding long positions and players are creating fear to buy when their stops are filled.Mid session this helps them to rise EURO/GBP  as well - inducing short covering.rest of the currencies are not making any significant moves.From 11 GMT the players are expected to focus on Majors and firm them up towards close of European session and during US session.

Regards

Dr.Sivaraman

EURO and GBP were doing lower level consolidation during Japanese session.they are expected to firm up during European  and during US sessions.

Brief dips are expected during sessions start times.

Month end trend reversal moves are known to be volatile.

Visible gains arer expected from today .

Regards

Dr.Sivaraman

EURO holding high and GBP drop has happened to rise EURO/GBP - same positve US data but risk appetite move in EURO and USD gaining move in GBP.USD/YEN also firmed up to high set for today and dropped.All contrarian moves are seen to handle the crosses.

Tomorrow the opposite moves are expected during Japanese and European sessions for mid week - EURO drop and GBP rise and also USD/YEN ,USD/CHF and USD/CAD rise.AUD is expected to make wide range swings.

From tomorrow late European session EURO and GBP are going to be in focus for big gains.which ever pair is holding near low are buy opportunities to book profit tomorrow during visible rise.

Regards

Dr.Sivaraman