EURO and GBP made the quick gains yesterday during US session.Today a quick drop in both numerator and denominator currencies except USD/CAD.This sort of quick moves are quick earning strategies of the players for the quarter ending time.
the expected market moves for today.
During japanese session volatile moves and rise are expected.The late japanese session may show some gains.
during european session swing and gaining moves are expected keeping FOMC in focus and thin volume condition.
US session may show swing and rise moves initially.then by 18;15 GMT FOMC rate decision is expected to be announced.By that time a quick drop and quick rise moves may be seen with firming up moves towards close of US session.
Tomorrow japanese session quick rise and gaining moves may be seen.
During japanese session all currencies are showing negative net change excepting USD/CAD.Slowly they are expected to gain when euro and gbp are holding and all currencies may show positive net change as contrarian move on the upside- a big volatile moves to handle the crosses on either side quickly in a day to earn by the players.We can only trade along with them by buying during quick drop and exit with profit during quick rise.
Use trading strategies to limit the risk ( like using stop or hedge) and maximize the profit using trailing stop and trailing limit.