Posted on October 15, 2009 at 12:54 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman13 Comments »

As explained during the webinar during asian session - the players have rised GBP massively holding EURO to drop EURO/GBP.Then rised USD/YEN now to rise GBP/YEN massively.The players created bearish feel in usd/yen and yen crosses and now buying all the way making quick rise.earlier they use to give names like carry trade- this time silently they are making the surprise rise.as they knowtraders no longer believe such names.

After gap time firming up they are expectedd to drop EURO and GBP and also usd/yen some and then make all USD gaining move till week end.

Regards

Dr.Sivaraman