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This week forex market expected trend
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Week 08 − 12 Oct 2007
Mon, Oct 8 2007, 02:47 GMT
by Dr.S.Sivaraman
www.i-knowindices.com
Professional trader training- strategist trading techniques and forex market forecast - www.i-knowindices.com commodity and stock market forecast visit www.ipredictindices.comThis Week 08 - 12 Oct 2007. Other majors are expected to swing briefly for week beginning after the fear creating stop hunts moves on week end and then drop big from Tuesday till week end. From Monday onwards USD gaining moves will become visible. Quick rises during week start are sell opportunities in other majors. Do not get trapped with bullish or bearish feel in any pair at lower/higher levels - You can do directional swing trades of sell and buy in other majors
Expected market moves and trading timings
08 Oct - OM gaining moves with swing Sell OM around 04:30 GMT and cover 19:30 GMT
09 Oct - USD gaining moves with swing Sell OM around 02:30 GMT and cover 14:30 GMT
10 Oct - USD gaining moves with swing Sell OM around 08:30 GMT and cover 18:30 GMT
11 Oct - OM gaining moves with swing Sell OM around 01:30 GMT and cover 14:30 GMT
12 Oct - USD gaining moves with swing Sell OM around 06:30 GMT and cover 15:30 GMT
Expected weekly support and resistance
Currency Resistance support
EURO/USD 1.4147/1.4156/1.4178 1.3736/1.3652/1.3543
GBP/USD 2.0427/2.0457/2.0482 1.9972/1.9842/1.9764
AUD/USD 0.9023/0.9043/0.9057 0.8367/0.8243/0.8167
USD/YEN 118.78/119.32/119.87 116.89/116.53/116.13
USD/CHF 1.2089/1.2144/1.2283 1.1767/1.1743/1.1725
USD/CAD 1.0372/1.0454/1.0576 0.9814/0.9808/0.9793
Understanding the operators intention alone can make us to win in this game of forex trading....... the forecast gives the signals much in advance for you to understand the operators intention....
Published on Mon, Oct 8 2007, 02:57 GMT
Archive
- Week 09 - 13 Jun 2008
Published On Wed, Jun 11 2008, 07:11 GMT - Week 02 - 06 Jun 2008
Published On Mon, Jun 2 2008, 10:17 GMT - Week 26 - 30 May 2008
Published On Mon, May 26 2008, 08:48 GMT - Week 19 - 23 May 2008
Published On Fri, May 23 2008, 04:47 GMT - Week 12 - 16 May 2008
Published On Tue, May 13 2008, 09:04 GMT
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The expected view on market move or information provided here may only be used as an additional input for making your investment decisions. Dr.S.Sivaraman of i-knowindices.com is merely providing this column for your general information and any projections or views of the market provided by the author do not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Users are trading on their own risk and i-knowindices.com or Dr.S.Sivaraman shall not be responsible under any circumstances for the consequences of such activities . i-knowindices.com will not be responsible for any losses incurred on investments made by readers and clients as a result of any information contained in this column. . i-knowindices and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.Interested in forex trading? forex brokerage firms!
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