This week forex market expected trend
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Week 31Dec 2007 − 04 Jan 2008
Mon, Dec 31 2007, 13:30 GMT
by Dr.S.Sivaraman
i-knowindices.com
This Week 31 Dec - 04 Jan 2008. Other majors are expected to swing and make stop hunts moves then drop big for year end and New year time. From wednesday onwards USD gaining moves will become visible. Quick rises during this week are sell opportunities in other majors - trend reversal time. 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 weekly support and resistance
Currency Resistance support
EURO/USD 1.4728/1.4758 1.3736/1.3543
GBP/USD 2.0098/2.0121 1.9352/1.9264
AUD/USD 0.8793/0.8825 0.8367/0.8243
USD/YEN 118.78/119.87 111.74/111.43
USD/CHF 1.2089/1.2283 1.1229/1.1189
USD/CAD 1.0372/1.0576 0.9798/0.9772
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, Dec 31 2007, 13:34 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.