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.

market reading;

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.

Regards

Dr.Sivaraman

Traders awaits FOMC rate decision by 19:15 GMT.Players mean while made wild contrarian moves to handle the crosses.From today we could see big actions in majors.

EURO and GBP are expected to swing and gain durig Japanese session

During European session swing and rise moves could be seen.

US session may show some volatile moves - initial drop and quick gain during mid session followed by a false drop before FOMC and quick gain after the announcement are the expected moves for today.

After initial dip tomorrow onwards the swing and rise moves could be seen till week end.

Regards

Dr.Sivaraman

EURO made the further gains during European session.But GBP was making nominal gains and either way swings near high .USSD/CHG,USD/YEN  made good USD weakening moves.USD/CAD made a nominal dip.AUD made the gain above parity.On the whole the players created bullish feel and booked profits with short sellers.There could  be a quick drop before FOMC during early US session and then a rise after FOMC may be seen.

When every one was talking about thin volume market towards holidays - the players created lack of liquidity condition that brough good volatile moves.So the players can take the low volume to their advantage and induce big long liquidation and highest level short covering making use of such situations.

Regards

Dr.Sivaraman

Traders are waiting for FOMC interest rate announcement and statements ( to be announced by 18:15 GMT) .But the market is expected to go ahead with risk appetite moves.

During Jaspanese sessopn EURO and GBP were expected  to swing and firm up ( happened) .After initial  dip they are expected to swing and rise quickly during European session.

During US session  swings coul d be seen in the middle level and then rise before FOMC announcement.After some volatile moves EURO and GBP are expected to make some quick gains.

To morrow a quick drop and then rise could be seen during Japanese session to rise more during European session.trade keeping in mind the expected market moves and use hedging order to limit the risk - once the position makes profit keep stop at entry and maximize the profit using trailing stop and trailing limit.

Regards

Dr.Sivaraman

EURO and GBP made small swings during Japanese session.

Now during early European session they are making swing and  rise moves .They are expected to swing during mid European session and continue the rise towards close of European session.US session some higher levels swings to induce profit booking in long holders and short selling, and then continuation of the rise could be seen.FOMC data release by 18:15 GMT could be discounted by the players and big rise could be seen tomorrow and Friday.

Regards

Dr.Sivaraman

EURO and GBP made the drop from the high and again recovered towards close of yesterday US session as expected.

Today they are expected to make  again contrarian moves during Japanese session to handle the crosses.In that process Euro and GBP are expected to make firming up moves towards close of japanese session.After a brief upward stop hunt they are expected to make quick downward move during earlyEuropean session.From mid European session they are expected to gain some levels to drop towards low during FOMC rate announcement time ( 18:15 GMT) ,after some volatile moves they are expected to  rise during rest of US session and open higher tomorrow during Japanese session.

USD/YEN,USD/CAD and USD/CHF are also expected to gain levels alternate with EURO and GBP during this process.

So to breach the strong resistance levels of 1.38 in EURO and 1.52 area in GBP the players are expected to use FOMC as trigger point.

Regards

Dr.Sivaraman