Sequential reversal process is on

[Dr.S.Sivaraman]

There can be 2 possible moves in the forex market - 1.usd gaining move and 2.usd weakening move.But all the pairs donot simultaneously exhibit the moves of that nature.There are contrarian moves often seen - like when EURO and GBP rise as usd weakening move ,simultaneously usd/yen also rises as usd strengthening move.They are intra-day trending and trend reversal moves.The long term trend reversal move has been initiated in the market by the operators.They have reversed the trend of usd weakening move to usd strengthening move in the commodity pairs -AUD/USD and USD/CAD.They have finished the reversal moves in YEN crosses.In that process USD/YEN has made a drop to rise again big.Currently The majors -EURO,GBP and CHF are left for reversal.Before that operators have done the reversal moves in European crosses.They finished a quick rise and drop move in GBP last week rising to 2.11.So leftout pairs for reversal are EURO and CHF.They are now completing the reversal and by month end we will see big USD gaining moves.The US economy may not improve,but the traders sentiments is total for USD weakening further.Operators are known to create the market sentiments and act against the traders.So the time for other way trap moves has come.Any market will take longer time to rise and very short time to drop.Forex market is no exception.We will see the toumbling moves in other majors in a big way in coming days.Year end profit booking is a major objective of the operators in their positions.So view the market with objective perception and no emotional imagination of higher levels is needed.
Regards
DR.Sivaraman

[yosi]

So Dr. Sivaraman,

Are you pro or against EURUSD uptrend?

Thanks

[Dr.S.Sivaraman]

Hello thanks for the question.I am not against any currency pair.I expect now based on my forecast system a big downward trend in EURO/USD.In 2005 early months when EURO was trading around 1.16-1.17 area I was strongly recommending buy and sell trade but many analysts expected further downward move in EURO at that time.So my recommendations are trading recommendations to earn from forex market without any sentimental attachment to any pair.

[Dr.S.Sivaraman]

Operators made the sequential reversal process one by one....first the commodity pairs,then Yen crosses and later Majors and now finally in European crosses as part of multi year trend reversal moves.From now on visible USD gaining moves will happen for year end and through New year 2008.Trade recommendation -You can short other majors and European crosses in your position trades to close by Jan end with good profit.
Once you are profited please send your comments and views on the forecast and 'reading of operators intention is the only way to trade and sustain in the market fearlessly'.
All the best for the New year 2008
Regards
Dr.Sivaraman