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

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swing and more slide moves

Posted on October 27, 2009 at 6:34 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman25 Comments »

EURO and GBP made the drop ywesterday during US session as expected.They have made a drop and firmed up to slide during close of Japanese session.then firm up again during early European session and slide towards close of European session.Swing and slide moves are expected again during US session.

More drops could be seen in EURO and GBP in this process.USD/YEN could make a contrarian move of drop along with EURO and GBP and then reverse to handle their crosses.

Regards

Dr.Sivaraman

Tags: EURO and GBP

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