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This week forex market expected trend

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Week 10 − 14 Mar 2008

Tue, Mar 11 2008, 16:06 GMT
by Dr.S.Sivaraman

i-knowindices.com


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.com

 This Week 10 - 14 Mar 2008. Other majors are expected to make higher level consolidation with upward stop hunts for month beginning and then drop big in coming days. Quick rises during  week  beginning are sell opportunities in other majors to cover later . 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       1.5368/1.5476                                                    1.4136/1.3943

GBP/USD          2.0168/2.0226                                                    1.9352/1.9264

AUD/USD         0.9273/0.9332                                                     0.8827/0.8743

USD/YEN         108.78/109.87                                                     102.84/102.33

USD/CHF         1.0889/1.0983                                                     1.0289/1.0239

USD/CAD        1.0172/1.0276                                                     0.9918/0.9889          

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.... 


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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.


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