Wed, Mar 26 2008, 10:43 GMT
by Dr.S.Sivaraman
This Week 24 - 28 Mar 2008. Other majors are expected to make higher level consolidation with upward stop hunts 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 1.5728/1.5756 1.5036/1.4943
GBP/USD 2.0108/2.0156 1.9352/1.9264
AUD/USD 0.9189/0.9234 0.8827/0.8743
USD/YEN 104.78/105.87 99.34/98.53
USD/CHF 1.0389/1.0483 0.9989/0.9839
USD/CAD 1.0372/1.0476 1.0118/1.0089
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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Published on Wed, Mar 26 2008, 10:47 GMT
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